Exhibit 99.1

Michael Narikawa

EACO Corporation

(714) 876-2490

July 1, 2026

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

ANAHEIM, CALIFORNIA – EACO Corporation (OTCID:EACO) today reported the results for its quarter ended May 31, 2026.

Net sales, net income and earnings per share were as follows for the three months ended May 31, 2026 and 2025 (dollars in thousands, except per share information):

	Three Months Ended May 31,				%
	2026		2025		Change
	(unaudited)		(unaudited)
Net sales	$	142,350	$	111,410		27.8	%

Net income	$	13,565	$	9,515		42.6	%

Basic earnings per common share	$	2.79	$	1.95		43.1	%

The Company had 491 sales employees at May 31, 2026, an increase of 48 employees or 11%, from the prior year quarter. The Company’s sales force is divided into sales focus teams (SFT’s). The Company had 122 SFT’s as of May 31, 2026, eight more than the prior year quarter. Management anticipates continued growth in both our headcount and SFT’s in fiscal year 2026. The Company believes it continues to gain market share globally 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 uncertainty pertaining to international tariffs and international conflicts. 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,
	2026		2025*
ASSETS
Current Assets:
Cash and cash equivalents	$	758	$	728
Restricted cash		10		10
Trade accounts receivable, net		72,173		65,863
Inventory, net		94,846		83,980
Marketable securities, trading		33,235		30,375
Prepaid expenses and other current assets		19,185		5,009
Total current assets		220,207		185,965
Non-current Assets:
Property, equipment and leasehold improvements, net		35,943		34,670
Operating lease right-of-use assets		9,029		6,814
Other assets, net		2,910		2,704
Total assets	$	268,089	$	230,153
LIABILITIES AND SHAREHOLDERS’ EQUITY
Current Liabilities:
Trade accounts payable	$	36,093	$	33,179
Accrued expenses and other current liabilities		29,886		29,762
Current portion of long-term debt		4,113		135
Current portion of operating lease liabilities		3,502		2,843
Total current liabilities		73,594		65,919
Non-current Liabilities:
Long-term debt		-		4,079
Operating lease liabilities		6,017		4,305
Total liabilities		79,611		74,303
Commitments and Contingencies Note 8
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		77		74
Retained earnings		175,973		143,348
Total shareholders’ equity		188,478		155,850
Total liabilities and shareholders’ equity	$	268,089	$	230,153

* Derived from the Company’s audited financial statements included in its Form 10-K for the year ended August 31, 2025 filed with the U.S. Securities and Exchange Commission on November 20, 2025.

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,
	2026			2025			2026			2025
Net sales	$	142,350		$	111,410		$	371,139		$	305,462
Cost of sales		97,904			77,337			256,111			214,100
Gross margin		44,446			34,073			115,028			91,362
Operating expenses:
Selling, general and administrative expenses		26,445			21,627			71,730			60,979
Income from operations		18,001			12,446			43,298			30,383
Other income (expense):
Net gain (loss) on trading securities		251			277			710			761
Interest and other (expense)		(47	)		(46	)		(130	)		(143	)
Other income (expense), net		204			231			580			618
Income before income taxes		18,205			12,677			43,878			31,001
Provision for income taxes		4,640			3,162			11,196			7,835
Net income		13,565			9,515			32,682			23,166
Cumulative preferred stock dividend		(19	)		(19	)		(57	)		(57	)
Net income attributable to common shareholders	$	13,546		$	9,496		$	32,625		$	23,109
Basic earnings per share:	$	2.79		$	1.95		$	6.71		$	4.75
Diluted earnings per share:	$	2.77		$	1.94		$	6.67		$	4.73
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,
	2026			2025
Operating activities:
Net income	$	32,682		$	23,166
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization		1,315			1,268
Bad debt expense		472			203
Deferred tax provision		(60	)		(18	)
Net unrealized loss (gain) on trading securities		27			(205	)
Increase (decrease) in cash flow from change in:
Trade accounts receivable		(6,782	)		(4,781	)
Inventory		(10,866	)		(13,178	)
Prepaid expenses and other assets		(14,322	)		27
Operating lease right-of-use assets		(2,215	)		774
Trade accounts payable		1,786			6,268
Accrued expenses and other current liabilities		124			(3,416	)
Operating lease liabilities		2,371			(704	)
Net cash provided by operating activities		4,532			9,404
Investing activities:
Purchase of property, equipment, and leasehold improvements		(2,588	)		(575	)
(Purchases) of marketable securities, trading		(24,614	)		(16,184	)
Sales of marketable securities, trading		21,727			9,074
Net cash used in investing activities		(5,475	)		(7,685	)
Financing activities:
Borrowings on revolving credit facility		–			491
Repayments on long-term debt		(101	)		(96	)
Preferred stock dividend		(57	)		(57	)
Bank overdraft		1,128			4,377
Net cash provided by financing activities		970			4,715
Effect of foreign currency exchange rate changes on cash and cash equivalents		3			(7	)
Net increase in cash, cash equivalents, and restricted cash		30			6,427
Cash, cash equivalents, and restricted cash - beginning of period		738			853
Cash, cash equivalents, and restricted cash - end of period	$	768		$	7,280
Supplemental disclosures of cash flow information:
Cash paid for interest	$	130		$	143
Cash paid for income taxes	$	23,493		$	9,213