Welcome to our dedicated page for Eaco SEC filings (Ticker: EACO), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
EACO Corporation filings document operating-result disclosures, subsidiary financing arrangements and public-company status for a Florida corporation with no securities registered under Section 12(b) of the Exchange Act. Recent Form 8-K reports furnish press releases for quarterly and annual financial results, including net sales, net income and earnings per share.
The company’s filings also record material definitive agreements involving Bisco Industries, Inc., its wholly owned subsidiary. Those disclosures cover a revolving line of credit, related covenant changes, maturity terms and EACO’s commercial guaranty of subsidiary obligations, alongside exhibit filings and standard financial-statement references.
EACO Corporation delivered strong quarterly and year-to-date growth while continuing to address control issues. For the three months ended February 28, 2026, revenue rose to $117.8M from $100.1M, and net income increased to $9.8M from $6.8M, lifting diluted EPS to $2.00. Gross margin expanded to 30.7% as higher sales, especially in aerospace and defense, and better vendor/customer relationships supported pricing and mix.
For the six-month period, revenue reached $228.8M and net income $19.1M, both up strongly year over year, with stable tax rates. Cash and cash equivalents increased to $5.1M, supplemented by $24.9M of marketable securities and an undrawn $20M credit line extended to February 2028, providing ample liquidity after paying a previously accrued class action settlement.
Management disclosed that disclosure controls and procedures remain not effective due to a continuing material weakness in the financial closing process, particularly around manual journal entries, lease accounting and reconciliations. Remediation efforts include new lease and accounting software, but the weakness has not yet been fully remediated.
EACO Corporation reported record second-quarter results for the quarter ended February 28, 2026, with net sales of $117.8 million, up 17.7% from $100.1 million a year earlier. Net income rose to $9.8 million, a 44.9% increase, and basic earnings per share grew to $2.01 from $1.39.
For the first six months of fiscal 2026, net sales reached $228.8 million and net income was $19.1 million. The company expanded its sales force to 482 people and 122 sales focus teams, and ended the period with $5.2 million in cash, up from $0.7 million in August 2025.
EACO Corporation, through its wholly owned subsidiary Bisco Industries, amended its revolving credit facility with Citizens Business Bank, maintaining a $20,000,000 line of credit. The amendment extends the maturity date to February 15, 2028 and sets a minimum interest rate of 4.000% per annum, subject to legal limits.
The amendment also adjusts certain financial reporting covenants under a prior business loan agreement, while leaving other debt terms in place. In addition, EACO executed a commercial guaranty under which it guarantees up to $20,000,000 of Bisco’s obligations under the revolving line of credit and related loan documents.
EACO Corporation reported strong quarterly growth, with net sales rising to $110.9 million from $93.9 million, an 18.1% increase, and gross margin improving to 31.0% from 29.6%. Net income increased to $9.3 million from $6.9 million, and basic earnings per common share grew to $1.91 from $1.41, reflecting higher volumes and better pricing and vendor relationships, particularly in aerospace and defense.
Selling, general and administrative expenses rose to $21.8 million from $18.9 million as total headcount expanded to support growth, but SG&A as a percentage of sales declined slightly. Operating cash flow was a modest outflow of $0.6 million, influenced by lower accrued expenses after paying a $7.8 million wage-and-hour class action settlement in September 2025.
At November 30, 2025, EACO held $0.5 million of cash and cash equivalents and $29.7 million of trading marketable securities, against total liabilities of $64.4 million and shareholders’ equity of $165.1 million. The company had $3.0 million outstanding on a $20.0 million credit line and continues to remediate a material weakness in internal control over financial reporting related to the closing process and lease accounting.
EACO Corporation filed a current report to let investors know it has released financial results for the first quarter of its 2026 fiscal year. The company issued a press release on January 8, 2026 covering results for the quarter ended November 30, 2025.
The press release is provided as Exhibit 99.1 to the report and is incorporated by reference for the detailed numbers and discussion of performance. This information is being furnished under the securities laws rather than filed, which means it is not subject to certain legal liabilities and is not automatically included in other securities filings.
EACO CORP CEO and Chairman, who is also a director and 10% owner, reported a charitable transfer of company stock. On December 4, 2025, an indirect holding in a trust disposed of 600 shares of common stock coded as a "G" transaction, which indicates a bona fide gift. The filing explains that the gift was made on November 28, 2025 to a nonprofit charitable foundation under Section 501(c)(3) of the Internal Revenue Code, and that the reporting person disclaims any pecuniary interest in the donated shares. After the transaction, the trust still beneficially owns 4,702,213 shares of EACO CORP common stock indirectly.
EACO Corporation, parent of distributor Bisco Industries, reported strong results for the year ended August 31, 2025. Revenue rose to $427.9 million, up 20.1% from 2024, driven by a larger sales force, better product availability and higher demand across its electronic components and fasteners business.
Gross margin improved to 30.1%, lifting gross profit to $128.7 million. Selling, general and administrative expenses grew modestly to $86.9 million, as higher bonuses and headcount were partly offset by the absence of prior-year legal and lease impairment charges. Operating income nearly doubled to $41.8 million.
Including gains of $1.3 million from trading securities and higher taxes, net income reached $32.3 million, versus $15.0 million a year earlier, and diluted EPS increased to $6.59 from $3.05. Cash from operations was $17.2 million, and the company ended the year with $0.7 million in cash, $30.4 million in marketable securities, $4.2 million of long-term debt and an undrawn $20 million credit line.
EACO Corporation filed a Form 8-K to furnish a press release announcing its fourth quarter and full fiscal year 2025 results. The press release, dated October 30, 2025, is provided as Exhibit 99.1.
The company states that the information under Item 2.02, including Exhibit 99.1, is being furnished and is not deemed “filed” under the Exchange Act. It also shall not be incorporated by reference into Securities Act filings. The press release covers the fiscal year ended August 31, 2025. The company reports no securities registered under Section 12(b) of the Exchange Act.