ESCA
EscaladeADocument history
Earnings documents stored for ESCA.
Investor releaseQuarter not tagged2026-05-02Escalade (NASDAQ:ESCA) Ticks All The Boxes When It Comes To Earnings Growth
Simply Wall St.
Escalade (NASDAQ:ESCA) Ticks All The Boxes When It Comes To Earnings Growth
It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story even if these companies are loss-making. Sometimes these stories can cloud the minds of investors, leading them to invest with their emotions rather than on the merit of good company fundamentals. Loss making companies can act like a sponge for capital - so investors should be cautious that they're not throwing good money after bad. If this kind of company isn't your style, you like companies that generate revenue, and even earn profits, then you may well be interested in Escalade (NASDAQ:ESCA). Now this is not to say that the company presents the best investment opportunity around, but profitability is a key component to success in business. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. If a company can keep growing earnings per share (EPS) long enough, its share price should eventually follow. That means EPS growth is considered a real positive by most successful long-term investors. Escalade managed to grow EPS by 14% per year, over three years. That's a pretty good rate, if the company can sustain it. Careful consideration of revenue growth and earnings before interest and taxation (EBIT) margins can help inform a view on the sustainability of the recent profit growth. We note that while EBIT margins have improved from 6.7% to 8.7%, the company has actually reported a fall in revenue by 3.7%. That's not a good look. You can take a look at the company's revenue and earnings growth trend, in the chart below. Click on the chart to see the exact numbers. View our latest analysis for Escalade Escalade isn't a huge company, given its market capitalisation of US$256m. That makes it extra important to check on its balance sheet strength. It should give investors a sense of security owning shares in a company if insiders also own shares, creating a close alignment their interests. Shareholders will be pleased by the fact that insiders own Escalade shares worth a considerable sum. Given insiders own a significant chunk of shares, currently valued at US$65m, they have plenty of motivation to push the business to succeed. That holding amounts to 25% of the stock on issue, thus making insiders influential owners of the business and aligned with the interests of shareholders. It means a...
Investor releaseQuarter not tagged2026-05-01Escalade Q1 Earnings Call Highlights
MarketBeat
Escalade Q1 Earnings Call Highlights
Escalade delivered a profitability beat: gross margin expanded about 400 basis points to 30.7%, EBITDA rose to $7.1 million and net income was $4.4 million ($0.32/share), while operating cash flow improved to $6.1 million and inventory declined $3.4 million, leaving net leverage at 0.1x with $13.1 million in cash. Net sales were up slightly, led by the Gold Tip acquisition and strength in billiards and safety, offset by softer demand in outdoor and indoor games and a non-repeat mass merchant order (notably at Target) that shifted channel mix. Management plans higher capital spending in 2026 and continued product launches, is focused on strategic accretive M&A, and expects an uneven consumer backdrop but sees potential "staycation" tailwinds for at-home recreation categories while monitoring tariff risks. Interested in Escalade, Incorporated? Here are five stocks we like better. Escalade (NASDAQ:ESCA) reported first-quarter 2026 results that management described as a “solid start” to the year, pointing to improved operating leverage, margin expansion, and stronger cash flow despite what it called an uneven consumer backdrop. President and CEO Patrick Griffin said the company is seeing benefits from a “leaner foundation and improved operating model” built over the past several years, which he said has helped create a more resilient business with healthier margins and better operating leverage. → Palantir Is Down 30%: Noise? Or a Signal to Accumulate? Griffin said net sales increased slightly year over year in the quarter, driven by the contribution from Gold Tip, which the company acquired in the third quarter of 2025, and continued strength in its billiards and safety categories. Those gains were partially offset by softer demand in outdoor and indoor games categories, he said. On the call’s lone analyst question, Aegis Capital Head of Research Rommel Dionisio asked about a dip in mass merchant revenue and a rise in specialty dealer revenue shown in the company’s 10-Q channel data. Griffin attributed the shift to Gold Tip and customer-specific dynamics in mass merchants. → Corning Beats Q1 Estimates but Drops 9% on Guidance Miss “The specialty dealer growth was driven by the Gold Tip acquisition,” Griffin said, adding that Gold Tip is distributed through “a lot of specialty archery dealers.” He also said Escalade had some sales in the prior year that did not...
Investor releaseQuarter not tagged2026-04-30Escalade: Q1 Earnings Snapshot
Associated Press
Escalade: Q1 Earnings Snapshot
EVANSVILLE, Ind. (AP) — EVANSVILLE, Ind. (AP) — Escalade Inc. (ESCA) on Thursday reported profit of $4.4 million in its first quarter. The Evansville, Indiana-based company said it had net income of 32 cents per share. The maker of sporting goods products posted revenue of $55.8 million in the period. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ESCA at https://www.zacks.com/ap/ESCA
Investor releaseQuarter not tagged2026-04-30Escalade Reports First Quarter 2026 Results
PR Newswire
Escalade Reports First Quarter 2026 Results
EVANSVILLE, Ind., April 30, 2026 /PRNewswire/ -- Escalade, Inc. (NASDAQ: ESCA, or the "Company"), a leading manufacturer and distributor of sporting goods and indoor/outdoor recreational equipment, today announced results for the first quarter 2026. FIRST QUARTER 2026 HIGHLIGHTS (As compared to the first quarter 2025) Net sales increased 0.6% to $55.8 million Gross margin improved 408 basis points, to 30.7% Operating income increased 59.8% to $5.8 million Net income of $4.4 million, or $0.32 earnings per diluted share, compared to $2.6 million, or $0.19 earnings per diluted share, an increase in earnings per diluted share of 67.2% EBITDA totaled $7.1 million, an increase of 44.1% Cash provided by operations of $6.1 million vs $3.8 million in 2025 For the three months ended March 31, 2026, Escalade posted net sales of $55.8 million, net income of $4.4 million and diluted earnings per share of $0.32. Total net sales increased 0.6% on a year-over-year basis in the first quarter, primarily due to increases in our archery categories resulting from the recent Gold Tip acquisition. Net sales also benefitted from increased demand in the billiards and safety categories. These increases were partially offset by a decline in sales in the outdoor and indoor game categories. Escalade reported first quarter gross margin of 30.7%, an increase of 408 basis points versus the prior-year period, primarily driven by lower fixed costs and favorable sales mix. Net income for the first quarter of 2026 was $4.4 million, or $0.32 diluted earnings per share, compared to net income of $2.6 million, or $0.19 diluted earnings per share, for the same quarter in 2025. Earnings before interest, taxes, depreciation, and amortization ("EBITDA") increased $2.2 million to $7.1 million in the first quarter of 2026, versus $4.9 million in the prior-year period. During the first quarter of 2026, the Company generated $6.1 million in cash flow from operations, an increase of $2.4 million relative to the first quarter of last year. The improvement in cash flow from operations was primarily attributable to an increase in profitability and a reduction in cash flow used for working capital purposes. Total debt at the end of the quarter was $16.7 million, down from $23.8 million at the end of the first quarter last year, and $18.5 million at the end of 2025. Total cash and equivalents as of March 31, 2...
TranscriptFY2026 Q12026-04-30FY2026 Q1 earnings call transcript
Earnings source - 25 paragraphs
FY2026 Q1 earnings call transcript
Please note this event is being recorded. I would now like to turn the conference over to Wes Smith, Vice President of Financial Reporting and Investor Relations. Please go ahead.
Thank you, operator. On behalf of the entire team at Escalade, I'd like to welcome you to our first quarter 2026 results conference call. Leading the call with me today is President and CEO, Patrick Griffin, and Stephen Wawrin, our Chief Financial Officer. Today's discussion contains forward-looking statements about future business and financial expectations. Actual results may differ significantly from those projected in today's forward-looking statements due to various risks and uncertainties, including the risks described in our periodic reports filed with the SEC. Except as required by law, we undertake no obligation to update our forward-looking statements. At the conclusion of our prepared remarks, we will open the line for questions. With that, I would like to turn the call over to Patrick.
Thank you, Wes, and welcome to everyone joining us on today's call. We delivered a solid start to 2026, demonstrating the benefits of the leaner foundation and improved operating model we had built over the past several years. While the consumer backdrop remains uneven, our continued emphasis on operational excellence and efficiency has elevated our performance and created a more resilient business, one that generates healthier margins, retains operating leverage in a dynamic environment, and provides a stable platform for profitable growth. Net sales increased slightly in the first quarter compared to the prior year. This growth was driven by the contribution from Gold Tip, acquired in the third quarter of 2025, and continued strength in our billiards and safety categories, partially offset by softer demand in our outdoor and indoor games categories.
Through sensible portfolio management, targeted acquisitions, and accelerated product innovation in attractive niche categories, we are strengthening the resilience of our brand portfolio. We believe this approach will allow us to navigate challenging environments while positioning the company to realize profitable growth and generate attractive shareholder returns over the business cycle. The operating leverage we have built over the past several quarters was evident in first quarter profitability. Gross margins expanded by approximately 400 basis points year-over-year to 30.7%. This improvement was driven by a sustained cost management, ongoing process and productivity initiatives, and a favorable customer and product mix with a shift towards higher value products, reflecting relative strength among more affluent consumers in several categories. We also made progress improving asset utilization.
Despite completing two acquisitions in the second half of last year, total inventory declined $3.4 million year-over-year in the first quarter. This reflects our ongoing focus on working capital efficiency as a contributor to free cash flow generation. As we move through 2026, we expect inventory levels to decline further as we progress toward our longer-term target of approximately 3x inventory turns. We continue to closely monitor emerging tariff policy changes and are prepared to adjust as market conditions evolve. Looking ahead to the remainder of 2026, we remain mindful of potential headwinds, including inflationary pressures such as high energy costs, which could not only weigh on consumer demand but also create incremental cost pressure. If current macroeconomic and geopolitical conditions persist, we would likely expect consumer demand to remain uneven in the coming quarters.
That said, many of our products provide consumers with affordable at-home recreation entertainment alternatives, which may help offset softer discretionary spending. Looking ahead, we expect to deliver gross margins above prior year levels, driven by our improved operating model and ongoing cost management. A key pillar of our strategy remains thoughtful investment in our categories to support operational excellence and growth. Our improved free cash flow provides flexibility to reinvest in efficiency and growth while maintaining a strong balance sheet. M&A continues to be an important component of our capital allocation strategy as we pursue profitable growth. Our approach remains unchanged. We are focused on strategic accretive acquisitions that enhance our existing platforms, expand our presence in attractive categories, and strengthen our competitive positioning. Additionally, we plan to solidify our foundation for growth in 2026 through enhanced capital investments.
These investments are focused on expanding capacity, improving operational efficiency, and expanding our product development innovation pipeline. Given these strategic investments, we expect capital spending will be higher in 2026 compared to last year. We are building a denser pipeline of fresh and innovative new products across our portfolio. Bear Archery introduced several new bows during the first quarter. As an example, the 58-inch Grizzly Hunter recurve bow, inspired by the classic Grizzly models of the 1950s, is designed to blend longbow feel with recurve performance. We also launched the Cajun Bowfishing Sucker Punch Pro RTF bow, engineered specifically for high performance and confined bow fishing environments, as well as the new Trophy Ridge React 5 Max sight, designed to help serious bow hunters achieve fast and accurate shots. We also expanded product offerings within our indoor and outdoor games categories.
Following the Cornhole acquisition, we introduced a variety of new Cornhole bag designs to improve performance and playability, along with the new flagship Cornhole board that will be the official professional tournament board of the American Cornhole League moving forward. We also introduced the American Legend Westbrook 3-in-1 combo game table, which transitions seamlessly between billiards, table tennis, and dining while maintaining a high-quality furniture aesthetic. These launches are representative of a more consistent flow of new product development and innovation across our businesses, which is an important driver of category leadership and long-term profitable growth. Strengthening the balance sheet remains a priority. During the first quarter, we repaid nearly $2 million of long-term debt while also increasing cash balances. Given our low cost, fixed rate debt and the current interest rate environment, we continue to benefit from favorable cash arbitrage.
Our strong free cash flow generation supports both prudent debt management and continued investment in efficiency and growth. In closing, we continue to build momentum as we transition from a focus on optimizing our cost structure and balance sheet towards the prioritization of profitable growth. The first quarter underscores the progress we have made delivering strong margins, improving working capital efficiency, and maintaining financial flexibility despite a challenging consumer and geopolitical backdrop. As we move through 2026, we believe we are well-positioned with a lean operating model, durable free cash flow generation, and focused corporate and capital allocation strategies designed to strengthen our leadership positions and create long-term shareholder value. With that, I will turn the call over to Stephen to walk through our first quarter financial results.
Thank you, Patrick. For the three months ended March 31, 2026, Escalade reported net income of $4.4 million, or $0.32 per diluted share on net sales of $55.8 million. For the first quarter, the company reported gross margins of 30.7% compared to 26.7% in the prior year period. The 400 basis point increase in gross margin was primarily the result of lower operational costs driven by our facility consolidation and cost rationalization program, a reduction in storage and handling costs, and a favorable sales mix. The favorable sales mix shift included the benefit of the Gold Tip acquisition, which was completed in the third quarter of 2025 and accretive to our first quarter results.
Selling, General and Administrative expenses were $10.7 million during the first quarter, a $0.1 million increase compared to the prior year period. Earnings Before Interest, Taxes, Depreciation, and Amortization increased by $2.2 million to $7.1 million in the first quarter of 2026 versus $4.9 million in the prior year period. This increase primarily reflects the improvement in our gross profit. Total cash flow from operations for the first quarter of 2026 was $6.1 million compared to $3.8 million in the prior year period. The year-over-year increase in operating cash flow primarily reflects a 4% or $3.4 million decrease in our inventory coupled with improved profitability. As of March 31, 2026, the company had total cash and equivalents of $13.1 million.
At the end of the first quarter of 2026, net leverage was 0.1x. As of March 31, 2026, we had $16.7 million of total debt outstanding, all of which was current as of the end of the quarter. With that, operator, we will open the call for questions.
We will now begin the question and answer session. To ask a question, you may press star then one on your telephone keypad. If you are using a speaker phone, please pick up your handset before pressing the keys. If at any time your question has been addressed and you would like to withdraw your question, please press star then two. At this time, we will pause momentarily to assemble our roster. The first question comes from Rommel Dionisio with Aegis Capital. Please go ahead.
Thank you. Good morning. Thanks for taking my question. As I'm going through the breakdown of gross sales by channel in the 10-Q, there was a dip in mass merchants in the quarter and a rise in specialty dealers revenue. Could you just maybe walk through the moving parts there? Was that just maybe a timing of revenue recognition or is there maybe a broader trend to see there? Thank you.
Hey, Rommel, this is Patrick. Thanks for the question. A great question. The channel kinda changed there that you see. The specialty dealer growth was driven by the Gold Tip acquisition. A lot of specialty archery dealers and as we distribute the Gold Tip product through that channel, you see some growth there. We had some sales last year that didn't repeat in the mass merchant channel, primarily with the Target there, that's why you see the dip there in the mass merchant channel.
Okay, that's very helpful. Maybe just a bigger picture question. You know, as we look at the price of airline tickets and gasoline these days, you know, I think you touched on in your in the press release, but, you know, the travel this year may not be quite what it has been in prior years. For the benefit of everyone on this call, I know, Patrick, you and Stephen and myself, we all lived through this back in 2020. Could you just walk us through the last time in history we saw, you know, this trend of people not traveling? Could you just refresh everyone's memory in terms of kind of what happened in your categories in 2020? You know, which categories showed strength?
Just maybe walk through the strategic points of what you saw back then on a category by category basis when, you know, people stayed home for the summer. Thanks.
Yeah, no, it's a great question, Rommel, sometimes we've seen this at a couple different points in history, but we, you know, it's called a kind of staycation kind of situation, where people look at their alternatives instead of maybe going to Disney or some other road trip. They might stay at home and maybe buy a table tennis table, maybe a Cornhole set. Maybe it's some other outdoor game, indoor game. That's kind of where we see most of the benefit, things that would be around the home. You know, less so in like water sports and so on, you know, where those are behind the boat. I would say table tennis, indoor games, outdoor games, billiards to some extent. You know, that's continues to be strong. We're seeing strength there.
A couple other categories, Rommel, that might go on, basketball and so on.
Okay, maybe just to follow up on that question. Do you get the sense that retailers are prepared for, you know, if there is some pickup from people staying at home from an inventory situation to handle a possible change in demand if that plays out over the next few months? Thanks.
Yeah, no, great question. I think based on the conversations we're having with our key retail partners, they're, you know, leaning into those categories and, you know, backing that up with, you know, good order uptake and forecasting. I think, you know, we're preparing, and I think the retailers will be prepared if, you know, there's some upside there.
Great. Thanks very much. That's very helpful.
Yep, you're welcome.
Again, If you have a question, please press star then one. This concludes our question and answer session. I would like to turn the conference back over to Wes Smith for any closing remarks.
Thank you, operator. Once again, thank you for your interest in Escalade and joining our call. Should you have any questions, please feel free to contact us at [email protected], and a member of our team will follow up with you. This concludes our call today. You may now disconnect.
Investor releaseQuarter not tagged2026-04-24Escalade Announces First Quarter 2026 Results Conference Call Date
PR Newswire
Escalade Announces First Quarter 2026 Results Conference Call Date
EVANSVILLE, Ind., April 23, 2026 /PRNewswire/ -- Escalade, Inc. (NASDAQ: ESCA, or the "Company"), a leading manufacturer and distributor of sporting goods and indoor/outdoor recreational equipment, today announced that it will issue its first quarter 2026 results before the market opens on Thursday, April 30, 2026. A conference call will be held that day at 11:00 a.m. ET to review the Company's financial results and conduct a question-and-answer session. A webcast of the conference call will be available in the Investor Relations section of Escalade's website at www.escaladeinc.com. To listen to a live broadcast, go to the site at least 15 minutes prior to the scheduled start time in order to register, download, and install any necessary audio software. To participate in the live teleconference: To listen to a replay of the teleconference, which subsequently will be available through May 14, 2026: ABOUT ESCALADE Founded in 1922, and headquartered in Evansville, Indiana, Escalade designs, manufactures, and sells sporting goods, safety, fitness, and indoor/outdoor recreation equipment. Our mission is to connect family and friends, create lasting memories, and play life to the fullest. Leaders in our respective categories, Escalade's distinct and acclaimed brands include Goalrilla™ in-ground basketball hoops; STIGA® tennis tables and accessories; Bear® Archery and archery equipment; Brunswick Billiards® tables and accessories; Accudart® darting; ONIX® pickleball; Lifeline® fitness products; and RAVE Sports® water recreation products. Escalade's products are available online and through leading retailers nationwide. For more information about Escalade's diverse and prominent brand portfolio, history, financials, and governance, please visit www.escaladeinc.com. INVESTOR RELATIONS CONTACT Wesley Smith Vice President, Financial Reporting & Investor Relations 812-467-1334 View original content to download multimedia:https://www.prnewswire.com/news-releases/escalade-announces-first-quarter-2026-results-conference-call-date-302752262.html
Investor releaseQuarter not tagged2026-02-28Escalade Inc (ESCA) Q4 2025 Earnings Call Highlights: Strategic Acquisitions and Operational ...
GuruFocus.com
Escalade Inc (ESCA) Q4 2025 Earnings Call Highlights: Strategic Acquisitions and Operational ...
This article first appeared on GuruFocus. Net Sales: $62.6 million, a decline of 2.2% year over year. Net Income: $3.7 million or $0.27 per diluted share. Gross Margin: Improved to 27.7%, up 280 basis points from the prior year. SG&A Expenses: Increased by 6.8% to $11.6 million, including $0.5 million in non-recurrent executive transition expenses. EBITDA: Increased to $6.5 million from $5.9 million in the prior year period. Operating Cash Flow: $14.9 million, up from $12.3 million in the prior year. Inventory: Declined by 10% year over year. Total Cash Equivalent: $11.9 million as of December 31, 2025. Total Debt: $18.5 million as of December 31, 2025. Net Leverage: 0.3 times as of December 31, 2025. Warning! GuruFocus has detected 9 Warning Signs with ESCA. Is ESCA fairly valued? Test your thesis with our free DCF calculator. Release Date: February 27, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Escalade Inc (NASDAQ:ESCA) improved its gross margin by 280 basis points year over year to 27.7% of net sales, reflecting successful operational improvements. The company achieved a 10% year-over-year reduction in inventory, enhancing working capital management and supporting improved free cash flow. Escalade Inc (NASDAQ:ESCA) completed strategic acquisitions, including Gold Tip Archery and All Cornhole, which contributed to growth and expanded its product portfolio. The company launched several new products, such as the Alaskan Pro Bow and Trophy Ridge accessories, which have been well-received in the market. Escalade Inc (NASDAQ:ESCA) repaid nearly $2 million of long-term debt while increasing cash levels, demonstrating strong financial management and cash flow generation. Net sales declined by 2.2% in the fourth quarter, driven by softer consumer demand in categories like basketball and outdoor games. Selling, general, and administrative expenses increased by 6.8% or $0.7 million, partly due to non-recurrent executive transition expenses. The consumer environment remains mixed, with less affluent consumers being more price-sensitive, impacting overall sales performance. Escalade Inc (NASDAQ:ESCA) faces potential challenges from emerging tariff policy changes, which could affect future pricing strategies. Despite operational improvements, the company still anticipates mixed consumer conditions in 2026,...
Investor releaseQuarter not tagged2026-02-28Escalade, Incorporated Q4 2025 Earnings Call Summary
Moby
Escalade, Incorporated Q4 2025 Earnings Call Summary
Management is pivoting the corporate strategy from cost optimization toward profitable market share-driven growth, supported by a leaner cost structure established in 2025. The 280 basis point gross margin expansion was driven by structural cost actions, including facility consolidation, lower storage and handling costs, and the integration of higher-margin acquisitions. Performance was bifurcated by consumer segment, with resilient demand for premium brands like Bear Archery and Brunswick contrasting with softer demand for opening price point products. The 2.2% decline in net sales was attributed to broader discretionary spending trends, specifically impacting basketball, outdoor games, and e-commerce channels. Operational discipline resulted in a 10% year-over-year inventory reduction, reflecting a strategic effort to sharpen working capital management and improve free cash flow. The recent Gold Tip archery acquisition was confirmed as accretive in the fourth quarter, validating the company's strategy of targeting niche categories with high brand equity. Management expects mixed consumer conditions in 2026, characterized by a contrast between moderating interest rates and persistent inflation impacting price-sensitive consumers. Capital expenditures are expected to increase in 2026 to support capacity expansion, efficiency improvements, and long-term growth initiatives. The company is targeting a long-term goal of 3x inventory turns as a key element of its broader balance sheet management strategy. M&A remains a primary capital allocation priority, with a focus on accretive acquisitions that complement existing categories or strengthen market leadership. Management is monitoring emerging tariff policy changes but does not anticipate immediate impacts, maintaining an agile playbook to adjust as market conditions clarify. The company incurred $0.5 million in nonrecurring executive transition expenses during the fourth quarter, which partially offset gross profit gains in SG&A. A 110,000 square foot facility was purchased in Illinois to support future growth in the safety and fitness categories and provide potential for further manufacturing consolidation. Management identified a potential $4 million to $5 million refund opportunity related to Supreme Court decisions on specific tariffs, though the timing of implementation remains uncertain. The acquisition o...
Investor releaseQuarter not tagged2026-02-28Escalade Q4 Earnings Call Highlights
MarketBeat
Escalade Q4 Earnings Call Highlights
Sales dipped about 2.2%, but profitability improved materially with gross margin up 280 basis points to 27.7%, net income of $3.7 million ($0.27/share) on $62.6 million of sales, and quarterly EBITDA of $6.5 million. Working-capital and cash generation strengthened as total inventory fell 10%, operating cash flow rose to $14.9 million, cash was $11.9 million and net leverage was only 0.3x while the company repaid nearly $2 million of debt and purchased a 110,000‑sq‑ft facility in Olney, IL. Management is shifting toward profitable growth—planning higher capex and pursuing accretive M&A after buying Gold Tip and AllCornhole—and notes a potential tariff refund in the roughly $4–5 million range. Interested in Escalade, Incorporated? Here are five stocks we like better. Escalade (NASDAQ:ESCA) reported fourth-quarter 2025 results that management said reflected the benefits of recent cost actions and portfolio moves, even as discretionary consumer demand remained uneven. On the earnings call, Interim President and CEO Patrick Griffin said the company ended 2025 “on solid footing,” citing a healthier margin profile, improved operating leverage, and stronger free cash flow as Escalade shifts its focus from cost optimization toward profitable growth. Griffin said fourth-quarter net sales declined 2.2%, in line with broader discretionary leisure spending trends. The company attributed the decline to softer consumer demand in categories such as basketball and outdoor games within its e-commerce channel. Management said those declines were partially offset by “healthy growth” in archery and billiards, driven by a recent acquisition and new product introductions. → SoundHound’s New Sales Assist Agent Put Voice AI Back in the Spotlight Despite lower sales, Escalade posted a notable improvement in profitability. Griffin said gross margin increased 280 basis points year-over-year to 27.7% of net sales, which he attributed to structural cost actions and operational discipline. Chief Financial Officer Stephen Wawrin provided the detailed quarterly figures, reporting net income of $3.7 million, or $0.27 per diluted share, on net sales of $62.6 million for the three months ended Dec. 31, 2025. Gross margin was 27.7% versus 24.9% in the prior-year period. → Diamondback Sees Resilient Demand Despite Cautious Guidance Wawrin said the year-over-year gross margin improvement primari...
Investor releaseQuarter not tagged2026-02-28Escalade (ESCA) Q4 2025 Earnings Call Transcript
Motley Fool
Escalade (ESCA) Q4 2025 Earnings Call Transcript
Image source: The Motley Fool. Friday, Feb. 27, 2026 at 11 a.m. ET President & CEO — Patrick J. Griffin VP & CFO — Stephen Wawrin Chairman — Wes Smith Need a quote from a Motley Fool analyst? Email [email protected] Patrick J. Griffin: Thank you, Wes, and welcome to everyone joining us on today's call. We ended 2025 on solid footing. While the consumer environment remains mixed, our focus on operational excellence and on reshaping our cost structure is paying off. Over the past years, we have built a durable foundation for the business. This foundation gives us a healthier margin profile, the ability to maintain operating leverage in a dynamic environment, and a strong platform from which we can pivot toward profitable growth. Consistent with broader consumer spending for discretionary leisure products, and as expected, net sales declined 2.2% in the quarter, driven by softer consumer demand in categories such as basketball and outdoor games in our e-commerce sales channel. At the same time, we partially offset these declines through healthy growth in archery and billiards, driven by a recent acquisition and new product introductions. These trends reaffirm that we are positioned in the right niche categories where consumers remain engaged and where our brands have equity. The impact of our operational improvements was also reflected in our fourth quarter results. Gross margin improved 280 basis points year over year to 27.7% of net sales, despite a 2.2% decline in net sales. This improvement reflects the structural cost actions we have executed and the discipline embedded across our operations. We also made meaningful inventory efficiency improvements in the quarter. Total inventory declined 10% year over year, reflecting our ongoing effort to sharpen working capital management to support improved free cash flow. We expect to further reduce inventory levels in 2026 as we work toward our longer-term target of 3x inventory turns. This objective is a key element of our broader balance sheet management strategy. Looking ahead to 2026, we expect consumer conditions to remain mixed, shaped by the contrast between moderating interest rates and persistent inflation. Less affluent consumers will likely continue to be more price sensitive, while more affluent consumers will likely continue to be less price sensitive. Against this backdrop, our focus is shifting from cost op...
Investor releaseQuarter not tagged2026-02-27Escalade: Q4 Earnings Snapshot
Associated Press Finance
Escalade: Q4 Earnings Snapshot
EVANSVILLE, Ind. (AP) — EVANSVILLE, Ind. (AP) — Escalade Inc. (ESCA) on Friday reported net income of $3.7 million in its fourth quarter. On a per-share basis, the Evansville, Indiana-based company said it had net income of 27 cents. The maker of sporting goods products posted revenue of $62.6 million in the period. For the year, the company reported profit of $13.7 million, or 99 cents per share. Revenue was reported as $240.2 million. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ESCA at https://www.zacks.com/ap/ESCA
Investor releaseQuarter not tagged2026-02-27Escalade Reports Fourth Quarter and Full Year 2025 Results
PR Newswire
Escalade Reports Fourth Quarter and Full Year 2025 Results
EVANSVILLE, Ind., Feb. 27, 2026 /PRNewswire/ -- Escalade, Inc. (Nasdaq: ESCA, or the "Company"), a leading manufacturer and distributor of sporting goods and indoor/outdoor recreational equipment, today announced results for the fourth quarter and full year 2025. FOURTH QUARTER 2025 RESULTS (As compared to the fourth quarter 2024) Net sales decreased 2.2% to $62.6 million Gross margin improved 280 basis points, to 27.7% Net income of $3.7 million, or $0.27 per diluted share vs. $2.7 million, or $0.19 per diluted share for 2024 EBITDA totaled $6.5 million, an increase of 9.3% Cash provided by operations of $14.9 million vs $12.3 million in 2024 Total debt decreased 27.9% and net leverage was 0.3x Increased quarterly dividend to $0.1525 per share FULL YEAR 2025 RESULTS (As compared to full year 2024) Net sales decreased 4.5% to $240.2 million Gross margin improved 219 basis points, to 26.9% Net income of $13.7 million, or $0.99 per diluted share vs. $13.0 million, or $0.93 per diluted share for 2024 EBITDA totaled $23.9 million, a decrease of 8.4% Cash provided by operations of $31.0 million vs. $36.0 million in 2024 For the fourth quarter ended December 31, 2025, Escalade reported net income of $3.7 million, or $0.27 per diluted share, versus net income of $2.7 million, or $0.19 per diluted share for the fourth quarter in 2024. Total net sales declined 2.2% on a year-over-year basis in the fourth quarter, primarily due to uneven consumer demand across the majority of the Company's product categories, partially offset by improved demand in the archery, billiards, and games categories. Escalade reported fourth quarter gross margin of 27.7%, an increase of 280 basis points versus the prior-year quarter, driven by improved operational efficiencies from lower fixed costs and decreased inventory storage and handling costs. Earnings before interest, taxes, depreciation, and amortization ("EBITDA") increased 9.3% to $6.5 million in the fourth quarter 2025, versus $5.9 million in the prior-year period. The increase in EBITDA compared to the fourth quarter of 2024 primarily reflects improved gross margins and the impact of the Gold Tip acquisition, partly offset by $0.5 million in non-recurring executive transition expenses. During the fourth quarter of 2025, the Company generated $14.9 million of cash flow from operations, compared to $12.3 million in the prior-year p...

