Escalade, Incorporated Reports Earnings Results for the First Quarter Ended March 31, 2023
May 09, 2023 at 06:04 am
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Escalade, Incorporated reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was USD 56.93 million compared to USD 72.38 million a year ago. Net loss was USD 0.952 million compared to net income of USD 6.65 million a year ago.
Basic loss per share from continuing operations was USD 0.07 compared to basic earnings per share from continuing operations of USD 0.49 a year ago. Diluted loss per share from continuing operations was USD 0.07 compared to diluted earnings per share from continuing operations of USD 0.49 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 
