Business
Escalade Reports First Quarter 2025 Results
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 2025.
About this update from Escalade, Incorporated
[{"type":"text","content":"EVANSVILLE, Ind., May 5, 2025 /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 2025.","length":261,"tagName":"p"},{"type":"image","alt":"Escalade, Inc. (PRNewsfoto/ESCALADE, INC.)","displaySize":"","headline":null,"caption":"Escalade, Inc. (PRNewsfoto/ESCALADE, INC.)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":250,"url":"https://media.zenfs.com/en/prnewswire.com/f99aa40c6e53d3645b4868f4bc51b5bf"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/7LaPF8wzVQBCQg2ZVR0kXg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTQ0MTtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/f99aa40c6e53d3645b4868f4bc51b5bf","width":400,"height":250}},"href":"https://mma.prnewswire.com/media/1316316/Escalde_INC_Logos_Full_Color_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"FIRST QUARTER 2025 HIGHLIGHTS(As compared to the first quarter 2024)","length":69,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Net sales were $55.5 million compared to $57.3 million, a decrease of 3.2%","length":74,"tagName":"p"}]},{"val":[{"type":"text","content":"Operating income was $3.7 million compared to $3.1 million, an increase of 19.3%","length":80,"tagName":"p"}]},{"val":[{"type":"text","content":"Net income of $2.6 million, or $0.19 earnings per diluted share, compared to $1.8 million, or $0.13 earnings per diluted share, an increase in earnings per diluted share of 46.2%","length":178,"tagName":"p"}]},{"val":[{"type":"text","content":"EBITDA totaled $4.9 million compared to $4.4 million, an increase of 11.0%","length":74,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":406,"olType":false},{"type":"text","content":"For the three months ended March 31, 2025, Escalade posted net sales of $55.5 million, net income of $2.6 million and diluted earnings per share of $0.19.","length":154,"tagName":"p"},{"type":"text","content":"Total net sales decreased 3.2% on a year-over-year basis in the first quarter, primarily due to softer demand for basketball and table tennis products, partially offset by an increase in demand for archery and safety products.","length":226,"tagName":"p"},{"type":"text","content":...