Escalade (ESCA) Misses Q4 EPS by 2c

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Escalade Reports Fourth Quarter and Full Year 2022 Results

February 22, 2023 6:00 AM EST

EVANSVILLE, Ind., Feb. 22, 2023 (GLOBE NEWSWIRE) -- Escalade, Inc. (NASDAQ: ESCA, or the Company), a leading manufacturer and distributor of sporting goods and indoor/outdoor recreational equipment, today announced fourth quarter and full year results for 2022.

FOURTH QUARTER 2022 (As compared to the fourth quarter 2021)

Net Sales decreased 1.8% to $72.1 millionOrganic sales, excluding acquisition contributions, declined 14.4%Gross margin increased 19 basis points, to 22.4%Operating income decreased... More