{"id":409835,"date":"2021-01-06T16:04:26","date_gmt":"2021-01-06T21:04:26","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=409835"},"modified":"2021-01-06T16:04:26","modified_gmt":"2021-01-06T21:04:26","slug":"eaco-corporation-reports-1st-quarter-net-sales-and-net-income","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/eaco-corporation-reports-1st-quarter-net-sales-and-net-income\/","title":{"rendered":"EACO Corporation Reports 1st Quarter Net Sales and Net Income"},"content":{"rendered":"

<\/p>\n

EACO Corporation Reports 1st<\/sup> Quarter Net Sales and Net Income<\/span><\/p>\n

ANAHEIM, Calif.–(BUSINESS WIRE<\/a>)–
\nEACO Corporation (OTCQB:EACO) today reported the results for three months ended November 30, 2020.\n<\/p>\n

\nNet sales, net income and earnings per share were as follows for the three months ended November 30, 2020 (dollars in thousands, except per share information):\n<\/p>\n\n\n\n\n\n\n\n\n\n\n
\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

Three Months Ended November 30,<\/b><\/p>\n<\/td>\n

\n

%<\/span><\/b><\/p>\n<\/td>\n<\/tr>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

2020<\/b><\/p>\n<\/td>\n

\n\n

2019<\/b><\/p>\n<\/td>\n

\n

Change<\/span><\/b><\/p>\n<\/td>\n<\/tr>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

(unaudited) <\/b><\/p>\n<\/td>\n

\n\n

(unaudited)<\/b><\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n<\/tr>\n
\n

\nNet sales\n<\/p>\n<\/td>\n

\n

\n$53,403\n<\/p>\n<\/td>\n

\n\n

\n$56,040\n<\/p>\n<\/td>\n

\n

\n(4.7)%\n<\/p>\n<\/td>\n<\/tr>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

\n

\nNet income\n<\/p>\n<\/td>\n

\n

\n$851\n<\/p>\n<\/td>\n

\n\n

\n$1,917\n<\/p>\n<\/td>\n

\n

\n(55.6)%\n<\/p>\n<\/td>\n<\/tr>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

\n

\nBasic and diluted earnings per common share\n<\/p>\n<\/td>\n

\n

\n$0.17\n<\/p>\n<\/td>\n

\n\n

\n$0.39\n<\/p>\n<\/td>\n

\n

\n(56.4)%\n<\/p>\n<\/td>\n<\/tr>\n<\/table>\n

\nThe Company had 373 sales employees at November 30, 2020, an increase of 24 or 6.4% from the prior year quarter. The Company\u2019s sales force is divided into Sales focus teams (SFT\u2019s). The Company had 101 SFT\u2019s as of November 30, 2020, an increase of 2 from the prior year quarter. Management anticipates continued growth in both our headcount and SFT\u2019s in fiscal year 2021. The Company believes it continues to gain market share through its local presence business model.\n<\/p>\n

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: <\/b><\/p>\n

\nAny statements set forth in this news release that are not entirely historical and factual in nature, including without limitation, statements related to our headcount expansion and future growth are forward-looking statements. These forward-looking statements are based on our current expectations and are inherently subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements. The potential risks and uncertainties include, but are not limited to, our ability to hire and retain additional qualified employees, our ability to open additional sales offices, and to gain market acceptance for our products, the pricing and availability of our products, the success of our sales and marketing programs, the impact of products offered by our competitors from time to time, and the impact of the Covid-19 pandemic. In addition to these factors and any other factors mentioned elsewhere in this news release, the reader should refer as well to the factors, uncertainties or risks identified in EACO\u2019s most recent Form 10-K and all subsequent Form 10-Q reports filed by us with the SEC. The forward-looking statements included in this release speak only as of the date hereof, and EACO does not undertake any obligation to update these forward-looking statements to reflect subsequent events or circumstances.\n<\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\n

EACO Corporation and Subsidiaries<\/b><\/p>\n<\/td>\n<\/tr>\n

\n

\nCondensed Consolidated Balance Sheets\n<\/p>\n<\/td>\n<\/tr>\n

\n

\n(in thousands, except share information)\n<\/p>\n<\/td>\n<\/tr>\n

\n

\n(unaudited)\n<\/p>\n<\/td>\n<\/tr>\n

\n\n\n

November 30,<\/b><\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

August 31,<\/b><\/p>\n<\/td>\n<\/tr>\n

\n\n\n

2020<\/b><\/p>\n<\/td>\n

\n\n\n

2020*<\/b><\/p>\n<\/td>\n<\/tr>\n

\n

\nASSETS\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

\n

\nCurrent Assets:\n<\/p>\n<\/td>\n

\n\n\n\n<\/tr>\n
\n

\nCash and cash equivalents\n<\/p>\n<\/td>\n

\n

\n$\n<\/p>\n<\/td>\n

\n

\n6,665\n<\/p>\n<\/td>\n

\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n6,079\n<\/p>\n<\/td>\n<\/tr>\n

\n

\nRestricted cash\n<\/p>\n<\/td>\n

\n\n

\n3,202\n<\/p>\n<\/td>\n

\n\n\n

\n2,916\n<\/p>\n<\/td>\n<\/tr>\n

\n

\nTrade accounts receivable, net\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n28,033\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n29,667\n<\/p>\n<\/td>\n<\/tr>\n

\n

\nInventory, net\n<\/p>\n<\/td>\n

\n\n

\n39,616\n<\/p>\n<\/td>\n

\n\n\n

\n39,545\n<\/p>\n<\/td>\n<\/tr>\n

\n

\nMarketable securities, trading\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n791\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n1,368\n<\/p>\n<\/td>\n<\/tr>\n

\n

\nPrepaid expenses and other current assets\n<\/p>\n<\/td>\n

\n\n

\n4,388\n<\/p>\n<\/td>\n

\n\n\n

\n5,094\n<\/p>\n<\/td>\n<\/tr>\n

\n

\nTotal current assets\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n82,695\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n84,669\n<\/p>\n<\/td>\n<\/tr>\n

\n

\nNon-current Assets:\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

\n

\nProperty, equipment and leasehold improvements, net\n<\/p>\n<\/td>\n

\n\n

\n8,650\n<\/p>\n<\/td>\n

\n\n\n

\n8,848\n<\/p>\n<\/td>\n<\/tr>\n

\n

\nOther assets:\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

\n

\nOperating lease right-of-use assets\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n12,393\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n12,810\n<\/p>\n<\/td>\n<\/tr>\n

\n

\nOther assets, net\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n1,414\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n1,424\n<\/p>\n<\/td>\n<\/tr>\n

\n

\nTotal assets\n<\/p>\n<\/td>\n

\n

\n$\n<\/p>\n<\/td>\n

\n

\n105,152\n<\/p>\n<\/td>\n

\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n107,751\n<\/p>\n<\/td>\n<\/tr>\n

\n

\nLIABILITIES AND SHAREHOLDERS\u2019 EQUITY\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

<\/tr>\n
\n

\nCurrent Liabilities:\n<\/p>\n<\/td>\n

\n\n\n\n<\/tr>\n
\n

\nTrade accounts payable\n<\/p>\n<\/td>\n

\n

\n$\n<\/p>\n<\/td>\n

\n

\n16,334\n<\/p>\n<\/td>\n

\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n16,535\n<\/p>\n<\/td>\n<\/tr>\n

\n

\nAccrued expenses and other current liabilities\n<\/p>\n<\/td>\n

\n\n

\n5,909\n<\/p>\n<\/td>\n

\n\n\n

\n6,632\n<\/p>\n<\/td>\n<\/tr>\n

\n

\nLiability for short sales of trading securities\n<\/p>\n<\/td>\n

\n\n

\n3,202\n<\/p>\n<\/td>\n

\n\n\n

\n2,916\n<\/p>\n<\/td>\n<\/tr>\n

\n

\nCurrent portion of operating lease liabilities\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n2,585\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n2,653\n<\/p>\n<\/td>\n<\/tr>\n

\n

\nCurrent portion of long-term debt\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n2,939\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n5,100\n<\/p>\n<\/td>\n<\/tr>\n

\n

\nTotal current liabilities\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n30,969\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n33,836\n<\/p>\n<\/td>\n<\/tr>\n

\n

\nNon-current Liabilities:\n<\/p>\n<\/td>\n

\n\n\n\n<\/tr>\n
\n

\nLong-term debt\n<\/p>\n<\/td>\n

\n\n

\n4,781\n<\/p>\n<\/td>\n

\n\n\n

\n4,807\n<\/p>\n<\/td>\n<\/tr>\n

\n

\nOperating lease liabilities\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n9,833\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n10,289\n<\/p>\n<\/td>\n<\/tr>\n

\n

\nTotal liabilities\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n45,583\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n48,932\n<\/p>\n<\/td>\n<\/tr>\n

\n

\nCommitments and Contingencies\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

\n

\nShareholders\u2019 Equity:\n<\/p>\n<\/td>\n

\n\n\n\n<\/tr>\n
\n

\nConvertible preferred stock, $0.01 par value per share; 10,000,000 shares authorized; 36,000 shares outstanding (liquidation value $900)\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n1\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n1\n<\/p>\n<\/td>\n<\/tr>\n

\n

\nCommon stock, $0.01 par value per share; 8,000,000 shares authorized; 4,861,590 shares outstanding\n<\/p>\n<\/td>\n

\n\n

\n49\n<\/p>\n<\/td>\n

\n\n\n

\n49\n<\/p>\n<\/td>\n<\/tr>\n

\n

\nAdditional paid-in capital\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n12,378\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n12,378\n<\/p>\n<\/td>\n<\/tr>\n

\n

\nAccumulated other comprehensive income\n<\/p>\n<\/td>\n

\n\n

\n706\n<\/p>\n<\/td>\n

\n\n\n

\n788\n<\/p>\n<\/td>\n<\/tr>\n

\n

\nRetained earnings\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n46,435\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n45,603\n<\/p>\n<\/td>\n<\/tr>\n

\n

\nTotal shareholders\u2019 equity\n<\/p>\n<\/td>\n

\n\n

\n59,569\n<\/p>\n<\/td>\n

\n\n\n

\n58,819\n<\/p>\n<\/td>\n<\/tr>\n

\n

\nTotal liabilities and shareholders\u2019 equity\n<\/p>\n<\/td>\n

\n

\n$\n<\/p>\n<\/td>\n

\n

\n105,152\n<\/p>\n<\/td>\n

\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n107,751\n<\/p>\n<\/td>\n<\/tr>\n<\/table>\n

\n* Derived from the Company\u2019s audited financial statements included in its Form 10-K for the year ended August 31, 2020 filed with the U.S. Securities and Exchange Commission on November 30, 2020.\n<\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
EACO Corporation and Subsidiaries<\/b><\/td>\n<\/tr>\n
\n

\nCondensed Consolidated Statements of Income\n<\/p>\n<\/td>\n<\/tr>\n

\n

\n(in thousands, except for share and per share information)\n<\/p>\n<\/td>\n<\/tr>\n

\n

\n(unaudited)\n<\/p>\n<\/td>\n<\/tr>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

Three Months Ended
\n
November 30,<\/b><\/p>\n<\/td>\n<\/tr>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

2020<\/b><\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

2019<\/b><\/p>\n<\/td>\n<\/tr>\n

\n

\nNet sales\n<\/p>\n<\/td>\n

\n

\n$\n<\/p>\n<\/td>\n

\n

\n53,403\n<\/p>\n<\/td>\n

\n

\n$\n<\/p>\n<\/td>\n

\n

\n56,040\n<\/p>\n<\/td>\n<\/tr>\n

\n

\nCost of sales\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n38,951\n<\/p>\n<\/td>\n

\n\n

\n40,144\n<\/p>\n<\/td>\n<\/tr>\n

\n

\nGross margin\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n14,452\n<\/p>\n<\/td>\n

\n\n

\n15,896\n<\/p>\n<\/td>\n<\/tr>\n

\n

\nOperating expenses:\n<\/p>\n<\/td>\n

\n\n\n<\/tr>\n
\n

\nSelling, general and administrative expenses\n<\/p>\n<\/td>\n

\n\n

\n12,681\n<\/p>\n<\/td>\n

\n\n

\n12,602\n<\/p>\n<\/td>\n<\/tr>\n

\n

\nIncome from operations\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n1,771\n<\/p>\n<\/td>\n

\n\n

\n3,294\n<\/p>\n<\/td>\n<\/tr>\n

\n\n\n\n\u00a0<\/td>\n<\/tr>\n
\n

\nOther (expense):\n<\/p>\n<\/td>\n

\n\n\n<\/tr>\n
\n

\nNet loss on trading securities\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n(553)\n<\/p>\n<\/td>\n

\n\n

\n(80)\n<\/p>\n<\/td>\n<\/tr>\n

\n

\nLoss on sale of real property\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n\u2013\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n(102)\n<\/p>\n<\/td>\n<\/tr>\n

\n

\nInterest and other expense, net\n<\/p>\n<\/td>\n

\n\n

\n(69)\n<\/p>\n<\/td>\n

\n\n

\n(119)\n<\/p>\n<\/td>\n<\/tr>\n

\n

\nOther (expense), net\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n(622)\n<\/p>\n<\/td>\n

\n\n

\n(301)\n<\/p>\n<\/td>\n<\/tr>\n

\n

\nIncome before income taxes\n<\/p>\n<\/td>\n

\n\n

\n1,149\n<\/p>\n<\/td>\n

\n\n

\n2,993\n<\/p>\n<\/td>\n<\/tr>\n

\n

\nProvision for income taxes\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n298\n<\/p>\n<\/td>\n

\n\n

\n1,076\n<\/p>\n<\/td>\n<\/tr>\n

\n

\nNet income\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n851\n<\/p>\n<\/td>\n

\n\n

\n1,917\n<\/p>\n<\/td>\n<\/tr>\n

\n

\nCumulative preferred stock dividend\n<\/p>\n<\/td>\n

\n\n

\n(19)\n<\/p>\n<\/td>\n

\n\n

\n(19)\n<\/p>\n<\/td>\n<\/tr>\n

\n

\nNet income attributable to common shareholders\n<\/p>\n<\/td>\n

\n

\n$\n<\/p>\n<\/td>\n

\n

\n832\n<\/p>\n<\/td>\n

\n

\n$\n<\/p>\n<\/td>\n

\n

\n1,898\n<\/p>\n<\/td>\n<\/tr>\n

\n\n\n\n\u00a0<\/td>\n<\/tr>\n
\n

\nBasic and diluted earnings per common share:\n<\/p>\n<\/td>\n

\n

\n$\n<\/p>\n<\/td>\n

\n

\n0.17\n<\/p>\n<\/td>\n

\n

\n$\n<\/p>\n<\/td>\n

\n

\n0.39\n<\/p>\n<\/td>\n<\/tr>\n

\n

\nBasic and diluted weighted average common
\n
shares outstanding\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n4,861,590\n<\/p>\n<\/td>\n

\n\n

\n4,861,590\n<\/p>\n<\/td>\n<\/tr>\n<\/table>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\n

EACO Corporation and Subsidiaries<\/b><\/p>\n<\/td>\n<\/tr>\n

\n

\nCondensed Consolidated Statements of Cash Flows\n<\/p>\n<\/td>\n<\/tr>\n

\n

\n(in thousands)\n<\/p>\n<\/td>\n<\/tr>\n

\n

\n(unaudited)\n<\/p>\n<\/td>\n<\/tr>\n

\n\n

Three Months Ended
\n
November 30,<\/b><\/p>\n<\/td>\n<\/tr>\n

\n\n

2020<\/b><\/p>\n<\/td>\n

\n\n

2019<\/b><\/p>\n<\/td>\n<\/tr>\n

\n

\nOperating activities:\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

\n

\nNet income\n<\/p>\n<\/td>\n

\n

\n$\n<\/p>\n<\/td>\n

\n

\n851\n<\/p>\n<\/td>\n

\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n1,917\n<\/p>\n<\/td>\n<\/tr>\n

\n

\nAdjustments to reconcile net income to net cash provided by (used in) operating activities:\n<\/p>\n<\/td>\n

\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

<\/tr>\n
\n

\nDepreciation and amortization\n<\/p>\n<\/td>\n

\n\n

\n377\n<\/p>\n<\/td>\n

\n\n\n

\n259\n<\/p>\n<\/td>\n<\/tr>\n

\n

\nBad debt expense\n<\/p>\n<\/td>\n

\n\n

\n\u2013\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n3\n<\/p>\n<\/td>\n<\/tr>\n

\n

\nLoss on sale of property\n<\/p>\n<\/td>\n

\n\n

\n\u2013\n<\/p>\n<\/td>\n

\n\n\n

\n102\n<\/p>\n<\/td>\n<\/tr>\n

\n

\nNet loss on trading securities\n<\/p>\n<\/td>\n

\n\n

\n553\n<\/p>\n<\/td>\n

\n\n\n

\n80\n<\/p>\n<\/td>\n<\/tr>\n

\n

\n(Increase) decrease in:\n<\/p>\n<\/td>\n

\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

<\/tr>\n
\n

\nTrade accounts receivable\n<\/p>\n<\/td>\n

\n\n

\n1,634\n<\/p>\n<\/td>\n

\n\n\n

\n2,175\n<\/p>\n<\/td>\n<\/tr>\n

\n

\nInventory\n<\/p>\n<\/td>\n

\n\n

\n(71)\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n(2,472)\n<\/p>\n<\/td>\n<\/tr>\n

\n

\nPrepaid expenses and other assets\n<\/p>\n<\/td>\n

\n\n

\n716\n<\/p>\n<\/td>\n

\n\n\n

\n(729)\n<\/p>\n<\/td>\n<\/tr>\n

\n

\nOperating lease right-of-use assets\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n417\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n\u2013\n<\/p>\n<\/td>\n<\/tr>\n

\n

\nIncrease (decrease) in:\n<\/p>\n<\/td>\n

\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

<\/tr>\n
\n

\nTrade accounts payable\n<\/p>\n<\/td>\n

\n\n

\n666\n<\/p>\n<\/td>\n

\n\n\n

\n(2,266)\n<\/p>\n<\/td>\n<\/tr>\n

\n

\nAccrued expenses and other current liabilities\n<\/p>\n<\/td>\n

\n\n

\n(723)\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n(737)\n<\/p>\n<\/td>\n<\/tr>\n

\n

\nOperating lease liabilities\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n(524)\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n\u2013\n<\/p>\n<\/td>\n<\/tr>\n

\n

\nNet cash provided by (used in) operating activities\n<\/p>\n<\/td>\n

\n\n

\n3,896\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n(1,668)\n<\/p>\n<\/td>\n<\/tr>\n

\n

\nInvesting activities:\n<\/p>\n<\/td>\n

\n\n\n\n<\/tr>\n
\n

\nAdditions to property, equipment, and leasehold improvements\n<\/p>\n<\/td>\n

\n\n

\n(179)\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n(2,393)\n<\/p>\n<\/td>\n<\/tr>\n

\n

\nProceeds from sale of property\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n\u2013\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n7,075\n<\/p>\n<\/td>\n<\/tr>\n

\n

\nSale of marketable securities, trading\n<\/p>\n<\/td>\n

\n\n

\n24\n<\/p>\n<\/td>\n

\n\n\n

\n1,388\n<\/p>\n<\/td>\n<\/tr>\n

\n

\nNet change in liabilities for short sales of trading securities\n<\/p>\n<\/td>\n

\n\n

\n286\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n2,167\n<\/p>\n<\/td>\n<\/tr>\n

\n

\nNet cash provided by investing activities\n<\/p>\n<\/td>\n

\n\n

\n131\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n8,237\n<\/p>\n<\/td>\n<\/tr>\n

\n

\nFinancing activities:\n<\/p>\n<\/td>\n

\n\n\n\n<\/tr>\n
\n

\n(Payments) borrowings on revolving credit facility, net\n<\/p>\n<\/td>\n

\n\n

\n(2,187)\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n513\n<\/p>\n<\/td>\n<\/tr>\n

\n

\nBorrowings on Construction Loan\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n\u2013\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n1,701\n<\/p>\n<\/td>\n<\/tr>\n

\n

\nRepayments on long-term debt\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n\u2013\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n(5,125)\n<\/p>\n<\/td>\n<\/tr>\n

\n

\nPreferred stock dividend\n<\/p>\n<\/td>\n

\n\n

\n(19)\n<\/p>\n<\/td>\n

\n\n\n

\n(19)\n<\/p>\n<\/td>\n<\/tr>\n

\n

\nBank overdraft\n<\/p>\n<\/td>\n

\n\n

\n(867)\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n104\n<\/p>\n<\/td>\n<\/tr>\n

\n

\nNet cash used in financing activities\n<\/p>\n<\/td>\n

\n\n

\n(3,073)\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n(2,826)\n<\/p>\n<\/td>\n<\/tr>\n

\n

\nEffect of foreign currency exchange rate changes on cash and cash equivalents\n<\/p>\n<\/td>\n

\n\n

\n(82)\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n(212)\n<\/p>\n<\/td>\n<\/tr>\n

\n

\nNet increase in cash, cash equivalents, and restricted cash\n<\/p>\n<\/td>\n

\n\n

\n872\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n3,531\n<\/p>\n<\/td>\n<\/tr>\n

\n

\nCash, cash equivalents, and restricted cash – beginning of period\n<\/p>\n<\/td>\n

\n\n

\n8,995\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n5,347\n<\/p>\n<\/td>\n<\/tr>\n

\n

\nCash, cash equivalents, and restricted cash – end of period\n<\/p>\n<\/td>\n

\n

\n$\n<\/p>\n<\/td>\n

\n

\n9,867\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n$\n<\/p>\n<\/td>\n

\n

\n8,878\n<\/p>\n<\/td>\n<\/tr>\n

\n

\nSupplemental disclosures of cash flow information:\n<\/p>\n<\/td>\n

\n\n\n\n<\/tr>\n
\n

\nCash paid for interest\n<\/p>\n<\/td>\n

\n

\n$\n<\/p>\n<\/td>\n

\n

\n48\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n$\n<\/p>\n<\/td>\n

\n

\n122\n<\/p>\n<\/td>\n<\/tr>\n

\n

\nCash paid for income taxes\n<\/p>\n<\/td>\n

\n

\n$\n<\/p>\n<\/td>\n

\n

\n\u2013\n<\/p>\n<\/td>\n

\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n\u2013\n<\/p>\n<\/td>\n<\/tr>\n<\/table>\n

\n\u00a0\n<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20210106005809\/en\/<\/a><\/span><\/p>\n

\nMarta Arciniega
\n
EACO Corporation
\n
(714) 876-2490\n<\/p>\n

KEYWORDS:<\/b> California United States North America<\/p>\n

INDUSTRY KEYWORDS:<\/b> Technology Hardware Semiconductor Other Technology<\/p>\n

MEDIA:<\/b><\/p>\n\n","protected":false},"excerpt":{"rendered":"

EACO Corporation Reports 1st Quarter Net Sales and Net Income ANAHEIM, Calif.–(BUSINESS WIRE)– EACO Corporation (OTCQB:EACO) today reported the results for three months ended November 30, 2020. Net sales, net income and earnings per share were as follows for the three months ended November 30, 2020 (dollars in thousands, except per share information): \u00a0 Three Months Ended November 30, % \u00a0 2020 2019 Change \u00a0 (unaudited) (unaudited) \u00a0 \u00a0 \u00a0 Net sales $53,403 $56,040 (4.7)% \u00a0 \u00a0 \u00a0 \u00a0 Net income $851 $1,917 (55.6)% \u00a0 \u00a0 \u00a0 \u00a0 Basic and diluted earnings per common share $0.17 $0.39 (56.4)% The Company had 373 sales employees at November 30, 2020, an increase of 24 or 6.4% from the prior year quarter. The … <\/p>\n

Continue reading “EACO Corporation Reports 1st Quarter Net Sales and Net Income”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-409835","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nEACO Corporation Reports 1st Quarter Net Sales and Net Income - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/eaco-corporation-reports-1st-quarter-net-sales-and-net-income\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EACO Corporation Reports 1st Quarter Net Sales and Net Income - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"EACO Corporation Reports 1st Quarter Net Sales and Net Income ANAHEIM, Calif.–(BUSINESS WIRE)– EACO Corporation (OTCQB:EACO) today reported the results for three months ended November 30, 2020. Net sales, net income and earnings per share were as follows for the three months ended November 30, 2020 (dollars in thousands, except per share information): \u00a0 Three Months Ended November 30, % \u00a0 2020 2019 Change \u00a0 (unaudited) (unaudited) \u00a0 \u00a0 \u00a0 Net sales $53,403 $56,040 (4.7)% \u00a0 \u00a0 \u00a0 \u00a0 Net income $851 $1,917 (55.6)% \u00a0 \u00a0 \u00a0 \u00a0 Basic and diluted earnings per common share $0.17 $0.39 (56.4)% The Company had 373 sales employees at November 30, 2020, an increase of 24 or 6.4% from the prior year quarter. The … Continue reading "EACO Corporation Reports 1st Quarter Net Sales and Net Income"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/eaco-corporation-reports-1st-quarter-net-sales-and-net-income\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-01-06T21:04:26+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20210106005809r1&sid=flmnd&distro=nx&lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/eaco-corporation-reports-1st-quarter-net-sales-and-net-income\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/eaco-corporation-reports-1st-quarter-net-sales-and-net-income\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"EACO Corporation Reports 1st Quarter Net Sales and Net Income\",\"datePublished\":\"2021-01-06T21:04:26+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/eaco-corporation-reports-1st-quarter-net-sales-and-net-income\\\/\"},\"wordCount\":896,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/eaco-corporation-reports-1st-quarter-net-sales-and-net-income\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&sty=20210106005809r1&sid=flmnd&distro=nx&lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/eaco-corporation-reports-1st-quarter-net-sales-and-net-income\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/eaco-corporation-reports-1st-quarter-net-sales-and-net-income\\\/\",\"name\":\"EACO Corporation Reports 1st Quarter Net Sales and Net Income - Market Newsdesk\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/eaco-corporation-reports-1st-quarter-net-sales-and-net-income\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/eaco-corporation-reports-1st-quarter-net-sales-and-net-income\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&sty=20210106005809r1&sid=flmnd&distro=nx&lang=en\",\"datePublished\":\"2021-01-06T21:04:26+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/eaco-corporation-reports-1st-quarter-net-sales-and-net-income\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/eaco-corporation-reports-1st-quarter-net-sales-and-net-income\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/eaco-corporation-reports-1st-quarter-net-sales-and-net-income\\\/#primaryimage\",\"url\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&sty=20210106005809r1&sid=flmnd&distro=nx&lang=en\",\"contentUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&sty=20210106005809r1&sid=flmnd&distro=nx&lang=en\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/eaco-corporation-reports-1st-quarter-net-sales-and-net-income\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"EACO Corporation Reports 1st Quarter Net Sales and Net Income\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#website\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/\",\"name\":\"Market Newsdesk\",\"description\":\"Latest Business News in Real Time\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\",\"name\":\"Newsdesk\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"caption\":\"Newsdesk\"},\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/author\\\/newsdesk\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"EACO Corporation Reports 1st Quarter Net Sales and Net Income - Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/eaco-corporation-reports-1st-quarter-net-sales-and-net-income\/","og_locale":"en_US","og_type":"article","og_title":"EACO Corporation Reports 1st Quarter Net Sales and Net Income - Market Newsdesk","og_description":"EACO Corporation Reports 1st Quarter Net Sales and Net Income ANAHEIM, Calif.–(BUSINESS WIRE)– EACO Corporation (OTCQB:EACO) today reported the results for three months ended November 30, 2020. Net sales, net income and earnings per share were as follows for the three months ended November 30, 2020 (dollars in thousands, except per share information): \u00a0 Three Months Ended November 30, % \u00a0 2020 2019 Change \u00a0 (unaudited) (unaudited) \u00a0 \u00a0 \u00a0 Net sales $53,403 $56,040 (4.7)% \u00a0 \u00a0 \u00a0 \u00a0 Net income $851 $1,917 (55.6)% \u00a0 \u00a0 \u00a0 \u00a0 Basic and diluted earnings per common share $0.17 $0.39 (56.4)% The Company had 373 sales employees at November 30, 2020, an increase of 24 or 6.4% from the prior year quarter. The … Continue reading \"EACO Corporation Reports 1st Quarter Net Sales and Net Income\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/eaco-corporation-reports-1st-quarter-net-sales-and-net-income\/","og_site_name":"Market Newsdesk","article_published_time":"2021-01-06T21:04:26+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20210106005809r1&sid=flmnd&distro=nx&lang=en","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/eaco-corporation-reports-1st-quarter-net-sales-and-net-income\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/eaco-corporation-reports-1st-quarter-net-sales-and-net-income\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"EACO Corporation Reports 1st Quarter Net Sales and Net Income","datePublished":"2021-01-06T21:04:26+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/eaco-corporation-reports-1st-quarter-net-sales-and-net-income\/"},"wordCount":896,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/eaco-corporation-reports-1st-quarter-net-sales-and-net-income\/#primaryimage"},"thumbnailUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20210106005809r1&sid=flmnd&distro=nx&lang=en","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/eaco-corporation-reports-1st-quarter-net-sales-and-net-income\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/eaco-corporation-reports-1st-quarter-net-sales-and-net-income\/","name":"EACO Corporation Reports 1st Quarter Net Sales and Net Income - Market Newsdesk","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/eaco-corporation-reports-1st-quarter-net-sales-and-net-income\/#primaryimage"},"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/eaco-corporation-reports-1st-quarter-net-sales-and-net-income\/#primaryimage"},"thumbnailUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20210106005809r1&sid=flmnd&distro=nx&lang=en","datePublished":"2021-01-06T21:04:26+00:00","author":{"@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"breadcrumb":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/eaco-corporation-reports-1st-quarter-net-sales-and-net-income\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.marketnewsdesk.com\/index.php\/eaco-corporation-reports-1st-quarter-net-sales-and-net-income\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/eaco-corporation-reports-1st-quarter-net-sales-and-net-income\/#primaryimage","url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20210106005809r1&sid=flmnd&distro=nx&lang=en","contentUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20210106005809r1&sid=flmnd&distro=nx&lang=en"},{"@type":"BreadcrumbList","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/eaco-corporation-reports-1st-quarter-net-sales-and-net-income\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.marketnewsdesk.com\/"},{"@type":"ListItem","position":2,"name":"EACO Corporation Reports 1st Quarter Net Sales and Net Income"}]},{"@type":"WebSite","@id":"https:\/\/www.marketnewsdesk.com\/#website","url":"https:\/\/www.marketnewsdesk.com\/","name":"Market Newsdesk","description":"Latest Business News in Real Time","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.marketnewsdesk.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979","name":"Newsdesk","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","caption":"Newsdesk"},"url":"https:\/\/www.marketnewsdesk.com\/index.php\/author\/newsdesk\/"}]}},"_links":{"self":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts\/409835","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/comments?post=409835"}],"version-history":[{"count":0,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts\/409835\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/media?parent=409835"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/categories?post=409835"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/tags?post=409835"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}