Escalade, Incorporated Reports Earnings Results for the Third Quarter and Nine Months Ended October 1, 2022
October 27, 2022 at 06:14 am EDT
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Escalade, Incorporated reported earnings results for the third quarter and nine months ended October 1, 2022. For the third quarter, the company reported sales was USD 74.9 million compared to USD 81.3 million a year ago. Net income was USD 2.96 million compared to USD 5.97 million a year ago. Basic earnings per share from continuing operations was USD 0.22 compared to USD 0.44 a year ago. Diluted earnings per share from continuing operations was USD 0.22 compared to USD 0.43 a year ago.
For the nine months, sales was USD 241.62 million compared to USD 240.17 million a year ago. Net income was USD 15.29 million compared to USD 19.53 million a year ago. Basic earnings per share from continuing operations was USD 1.13 compared to USD 1.41 a year ago. Diluted earnings per share from continuing operations was USD 1.12 compared to USD 1.4 a year ago.
Escalade, Incorporated designs, manufactures, and sells sporting goods, fitness, and indoor/outdoor recreation equipment. It operates in one business segment: Sporting Goods (Escalade Sports). Escalade Sports manufactures, imports, and distributes sporting goods brands in basketball goals, archery, indoor and outdoor game recreation and fitness products through sporting goods retailers, specialty dealers, key on-line retailers, direct-to-consumer e-commerce, traditional department stores and mass merchants. Its archery brands include Bear Archery, Trophy Ridge, Whisker Biscuit, Cajun Bowfishing, Karnage, SIK and BearX. Its table tennis brands include STIGA and Ping-Pong. Its basketball brands include Goalrilla, Goalsetter, Goaliath, Silverback and Hoopstar. Its billiard tables and accessories brands include American Heritage Billiards, Brunswick Billiards, Gold Crown, Centennial and others. Its outdoor games brands include Victory Tailgate, Triumph Sports, Zume Games and ACL.
ESCALADE, INCORPORATED 
