Exhibit 99.1

Michael Narikawa

EACO Corporation

(714) 876-2490 July 1, 2025

EACO CORPORATION REPORTS RECORD QUARTER NET SALES AND RECORD QUARTER NET INCOME

ANAHEIM, CALIFORNIA – EACO Corporation (OTCMKTS:EACO) today reported the results for its quarter ended May 31, 2025.

Net sales, net income and earnings per share were as follows for the three months ended May 31, 2025 and 2024 (dollars in thousands, except per share information):

	Three Months Ended May 31,				%
	2025		2024		Change
	(unaudited)		(unaudited)
Net sales	$	111,410	$	96,121		15.9	%
Net income	$	9,515	$	1,184		703.6	%
Basic and diluted earnings per common share	$	1.95	$	0.24		712.5	%

The Company had 435 sales employees at May 31, 2025, an increase of 36 employees or 9%, from the prior year quarter. The Company’s sales force is divided into sales focus teams (SFT’s). The Company had 114 SFT’s as of May 31, 2025, four more than the prior year quarter. Management anticipates continued growth in both our headcount and SFT’s in fiscal year 2025. The Company believes it continues to gain market share through its local presence business model.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995:

This press release contains certain forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1955, as amended. These forward-looking statements include, without limitation, statements related to our headcount expansion, growth in market share, and other statement that is not historical information. 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 as well as increases to international tariffs. 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’s 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.

EACO Corporation and Subsidiaries

Condensed Consolidated Balance Sheets

(in thousands, except share information)

(unaudited)

	May 31,		August 31,
	2025		2024*
ASSETS
Current Assets:
Cash and cash equivalents	$	3,613	$	843
Restricted cash		10		10
Trade accounts receivable, net		59,875		53,272
Inventory, net		82,780		69,602
Marketable securities, trading		22,063		14,748
Prepaid expenses and other current assets		3,491		3,526
Total current assets		171,832		142,001
Non-current Assets:
Property, equipment and leasehold improvements, net		34,368		35,061
Operating lease right-of-use assets		6,739		7,513
Other assets, net		3,989		3,963
Total assets	$	216,928	$	188,538
LIABILITIES AND SHAREHOLDERS’ EQUITY
Current Liabilities:
Trade accounts payable	$	37,067	$	28,054
Accrued expenses and other current liabilities		21,494		24,910
Current portion of long-term debt		131		129
Current portion of operating lease liabilities		2,674		2,708
Total current liabilities		61,366		55,801
Non-current Liabilities:
Line of Credit		491		–
Long-term debt		4,116		4,214
Operating lease liabilities		4,222		4,892
Total liabilities		70,195		64,907
Commitments and Contingencies Note 9
Shareholders’ Equity:
Convertible preferred stock, $0.01 par value per share; 10,000,000 shares authorized; 36,000 shares outstanding (liquidation value $900)		1		1
Common stock, $0.01 par value per share; 8,000,000 shares authorized; 4,861,590 shares outstanding		49		49
Additional paid-in capital		12,378		12,378
Accumulated other comprehensive income		66		73
Retained earnings		134,239		111,130
Total shareholders’ equity		146,733		123,631
Total liabilities and shareholders’ equity	$	216,928	$	188,538

* Derived from the Company’s audited financial statements included in its Form 10-K for the year ended August 31, 2024 filed with the U.S. Securities and Exchange Commission on November 29, 2024.

EACO Corporation and Subsidiaries

Condensed Consolidated Statements of Income

(in thousands, except for share and per share information)

(unaudited)

	Three Months Ended May 31,						Nine Months Ended May 31,
	2025			2024			2025			2024
Net sales	$	111,410		$	96,121		$	305,462		$	259,711
Cost of sales		77,337			68,193			214,100			183,184
Gross margin		34,073			27,928			91,362			76,527
Operating expenses:
Selling, general and administrative expenses		21,627			26,314			60,979			61,129
Impairment on termination of lease		-			–			-			3,906
Income from operations		12,446			1,614			30,383			11,492
Other income (expense):
Net gain (loss) on trading securities		277			(24	)		761			(45	)
Interest and other (expense)		(46	)		(44	)		(143	)		(128	)
Other income (expense), net		231			(68	)		618			(173	)
Income before income taxes		12,677			1,546			31,001			11,319
Provision for income taxes		3,162			362			7,835			2,858
Net income		9,515			1,184			23,166			8,461
Cumulative preferred stock dividend		(19	)		(19	)		(57	)		(57	)
Net income attributable to common shareholders	$	9,496		$	1,165		$	23,109		$	8,404
Basic earnings per share:	$	1.95		$	0.24		$	4.75		$	1.73
Diluted earnings per share:	$	1.94		$	0.24		$	4.73		$	1.73
Basic weighted average common shares outstanding		4,861,590			4,861,590			4,861,590			4,861,590
Diluted weighted average common shares outstanding		4,901,590			4,901,590			4,901,590			4,901,590

EACO Corporation and Subsidiaries

Condensed Consolidated Statements of Cash Flows

(in thousands)

(unaudited)

	Nine Months Ended May 31,
	2025			2024
Operating activities:
Net income	$	23,166		$	8,461
Adjustments to reconcile net income to net cash (used in) provided by operating activities:
Depreciation and amortization		1,268			1,247
Bad debt expense		203			359
Deferred tax provision		(18	)		51
Net unrealized (gain) loss on trading securities		(205	)		357
Impairment on termination of lease		–			3,906
Increase (decrease) in cash flow from change in:
Trade accounts receivable		(6,806	)		(7,764	)
Inventory		(13,178	)		(11,139	)
Prepaid expenses and other assets		27			98
Operating lease right-of-use assets		774			5,490
Trade accounts payable		6,268			8,043
Accrued expenses and other current liabilities		(3,416	)		785
Operating lease liabilities		(704	)		(5,501	)
Net cash provided by operating activities		7,379			4,393
Investing activities:
Purchase of property, equipment, and leasehold improvements		(575	)		(32,527	)
Net (purchases) sales of marketable securities, trading		(7,110	)		17,466
Net cash used in investing activities		(7,685	)		(15,061	)
Financing activities:
Borrowings on revolving credit facility		491			–
Repayments on long-term debt		(96	)		(94	)
Preferred stock dividend		(57	)		(57	)
Bank overdraft		2,745			3,066
Net cash provided by financing activities		3,083			2,915
Effect of foreign currency exchange rate changes on cash and cash equivalents		(7	)		(68	)
Net increase (decrease) in cash, cash equivalents, and restricted cash		2,770			(7,821	)
Cash, cash equivalents, and restricted cash - beginning of period		853			8,568
Cash, cash equivalents, and restricted cash - end of period	$	3,623		$	747
Supplemental disclosures of cash flow information:
Cash paid for interest	$	143		$	145
Cash paid for income taxes	$	9,213		$	8,276