Escalade, Inc. (OQ:ESCA)

Jun 03, 2020 07:44 pm ET
Escalade Sports Donates 1,000 N95 Masks To City Of Evansville
EVANSVILLE, Ind., June 3, 2020 /PRNewswire/ -- Escalade Sports announced today that it will be donating 1,000 N95 masks to the city of Evansville to help support the local community during the ongoing COVID-19 pandemic. ...
Apr 28, 2020 04:01 pm ET
Escalade repays PPP loan in full
EVANSVILLE, Ind., April 28, 2020 /PRNewswire/ -- Escalade, Incorporated ("Escalade") (NASDAQ: ESCA) announced that it repaid its outstanding $5.6275 million loan received pursuant to the Paycheck Protection Program ("PPP")  and issued the following statement from Scott Sincerbeaux, Escalade's new Chief Executive Officer and President:...
Apr 16, 2020 06:00 am ET
Escalade Reports First Quarter 2020 Results
EVANSVILLE, Ind., April 16, 2020 /PRNewswire/ -- Escalade, Incorporated (NASDAQ: ESCA) - "Our first quarter results reflect the benefits of the operational and organizational changes we made during 2019 which enabled us to achieve operational leverage during the quarter and helped drive significant operating income improvement," said Dave Fetherman, President and CEO of Escalade, Inc. "The 16.2% revenue growth was driven by our outdoor categories – basketball, pickleball, and Victory Tailgate. These categories, along with table tennis and billiard accessories, helped to drive the margin impr...
Mar 30, 2020 07:30 pm ET
Escalade Appoints Scott Sincerbeaux as President and Chief Executive Officer
EVANSVILLE, Ind., March 30, 2020 /PRNewswire/ -- Escalade, Incorporated (NASDAQ: ESCA) - The Board of Directors of Escalade, Inc. is pleased to announce the appointment of Scott Sincerbeaux as the organization's next President and Chief Executive Officer.  Mr. Sincerbeaux brings a wealth of Retail, Wholesale, and Ecommerce experience and a keen understanding of the changing consumer landscape and retail marketplace.  He will join Escalade on April 27, 2020....
Oct 31, 2019 06:00 am ET
Escalade Reports Third Quarter 2019 Results
EVANSVILLE, Ind., Oct. 31, 2019 /PRNewswire/ -- Escalade, Incorporated (NASDAQ: ESCA) - "We saw revenue growth of 4.1% in the quarter as we continue to grow sales in the Games category. This growth was partially offset by a continuing decline in archery vertical bow sales. Overall, consumer preferences continue to shift toward E-commerce," stated Dave Fetherman, President and CEO. "With the continuing shift to E-commerce, we are evaluating opportunities to optimize our organization and business processes. As we continue to focus on streamlining operations, we consolidated our Lifeline Fitnes...
Sep 03, 2019 05:00 pm ET
Escalade Announces Increase to Authorized Stock Repurchase Program
EVANSVILLE, Ind., Sept. 3, 2019 /PRNewswire/ -- Escalade, Incorporated ("Escalade") (NASDAQ: ESCA) announced that its Board of Directors has authorized an increase to the Company's stock repurchase program, increasing the limit from $3,000,000 to $5,000,000. ...
Aug 07, 2019 04:30 pm ET
Escalade Reports Second Quarter 2019 Results
EVANSVILLE, Ind., Aug. 7, 2019 /PRNewswire/ -- Escalade, Incorporated (NASDAQ: ESCA) - "Expanded distribution within major customers and a return to normal weather patterns resulted in revenue growth of 14.3%. Sales increases in our Outdoor categories more than offset underperformance in other categories. Our Basketball brands Goalrilla™, Goalsetter®, Goaliath® and Silverback®, along with Outdoor Games brands Victory Tailgate® and Triumph™, led to the increased revenue," stated Dave Fetherman, President and CEO. "We continue to execute on our transformational strategy to support the continui...
Apr 18, 2019 06:00 am ET
Escalade Reports First Quarter 2019 Results
EVANSVILLE, Ind., April 18, 2019 /PRNewswire/ -- Escalade, Incorporated (NASDAQ: ESCA) - "In traditionally our softest quarter of the year, revenue was flat compared to the prior year, as continued growth in E-Commerce and Specialty Dealers offset softer sales in the International and Mass Merchants channels," stated Dave Fetherman, President and Chief Executive Officer of Escalade, Inc. "Operating costs related to Victory Tailgate, during the slowest quarter of the year, negatively affected the margins within the quarter. Victory Tailgate has historically seen stronger results in the second...
Feb 20, 2019 03:01 pm ET
Escalade Reports Fourth Quarter and Full Year 2018 Results
EVANSVILLE, Ind., Feb. 20, 2019 /PRNewswire/ -- Escalade, Incorporated (NASDAQ: ESCA) - "We finished fourth quarter 2018 with revenue growth of 4.7% and improved our gross profit by $230 thousand in a highly competitive consumer market," stated Dave Fetherman, President and Chief Executive Officer of Escalade, Inc. "Acquisition related expenses caused SG&A to be slightly higher and operating income to be relatively flat to prior year. We continue to focus on operational and sales initiatives that support our transformational shift of consumers to e-commerce platforms. With our strong bal...
Nov 15, 2018 07:25 am ET
Recent Analysis Shows Escalade, Caladrius Biosciences, LightInTheBox Holding Co., Vishay Intertechnology, Ceridian HCM Holding, and Avista Market Influences — Renewed Outlook, Key Drivers of Growth
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Escalade, Incorporated (NASDAQ:ESCA), Caladrius Biosciences, Inc....
Nov 09, 2018 06:00 am ET
Escalade Sports Strengthens Leadership In Games And Licensed Products With The Acquisition Of Victory Tailgate
EVANSVILLE, Ind., Nov. 9, 2018 /PRNewswire/ -- Escalade Sports®, a wholly owned subsidiary of Escalade, Inc. (Nasdaq: ESCA) and global leader in sports and outdoor recreational equipment, today announced that it has acquired Victory Tailgate, a brand known for its premium licensed and custom tailgating games.  The acquisition will significantly strengthen Escalade Sports' leadership in the tailgating and lawn games' categories while providing exciting new opportunities within the sports licensing and customization space. Escalade Sports expects the acquisition of Victory Tailgate to be accre...
Nov 01, 2018 06:30 am ET
Escalade Reports Third Quarter 2018 Results
EVANSVILLE, Ind., Nov. 1, 2018 /PRNewswire/ -- Escalade, Incorporated (NASDAQ: ESCA) – "Revenue within the e-commerce channel increased 31.6% and offset declines tied to brick and mortar stores. Archery and Indoor Games categories had positive comps in the quarter, which helped to increase gross margins 150 bps to 28.0%. We continue to closely manage our SG&A, which helped operating income grow by $1.0 million," stated Dave Fetherman, President and Chief Executive Officer of Escalade, Inc. "Inventories are up to support our 2019 Archery product offering, which has been very well received...
Aug 14, 2018 05:00 pm ET
Escalade Reports Second Quarter 2018 Results
EVANSVILLE, Ind., Aug. 14, 2018 /PRNewswire/ -- Escalade, Incorporated (NASDAQ: ESCA) -- "Revenue was down as the unseasonably cold spring weather carried well into the second quarter affecting our Outdoor product categories. The product mix pushed margins down and inventories higher. SG&A came in slightly below prior year even with additional costs related to the sale of our interest in Stiga AB.," stated Dave Fetherman, President and Chief Executive Officer of Escalade, Inc. "The timing of the Stiga AB sale was tax efficient and contributed $0.73 to our second quarter financial results...
May 17, 2018 11:17 am ET
Escalade Sells Equity Stake In STIGA Sports Group AB
EVANSVILLE, Ind., May 17, 2018 /PRNewswire/ -- Escalade, Incorporated (Nasdaq: ESCA) today announced it has sold it's 50% equity share of STIGA Sports Group AB, headquartered in Sweden. In connection with the sale, Escalade Sports, its wholly owned subsidiary and global leader in sports and outdoor recreational equipment, entered into a long-term licensing agreement for the STIGA brand on table tennis tables and accessories in North America.  ...
Apr 19, 2018 07:00 am ET
Escalade Reports First Quarter 2018 Results
EVANSVILLE, Ind., April 19, 2018 /PRNewswire/ -- Escalade, Incorporated (NASDAQ: ESCA) – "Driven by product mix and signs of stability within the Archery category, our first quarter resulted in continued margin improvement of 200 bps," stated Dave Fetherman, President and Chief Executive Officer of Escalade, Inc. "Despite an unseasonably cold start to the Spring which affected our outdoor categories of Basketball and Playground as well as retailers managing their inventory to lower levels, revenue for the first quarter was up compared to prior year. We anticipate sales to increase in these c...
Feb 27, 2018 03:30 pm ET
Escalade Reports Fourth Quarter and Full Year 2017 Results
EVANSVILLE, Ind., Feb. 27, 2018 /PRNewswire/ -- Escalade, Incorporated (NASDAQ: ESCA) - "We finished 2017 with a solid fourth quarter. With revenue up 4%, gross margins improved by 280 bps, and operating income increased by 36%," stated Dave Fetherman, President and Chief Executive Officer of Escalade, Inc. "I could not be more proud of the Escalade team, as we have shown the ability to stay ahead of the changing retail market, with the evolution from brick and mortar to ecommerce. Our focus on operational and sales initiatives will put us in position for continued growth in the future. The ...
Jan 30, 2018 03:20 pm ET
Escalade Sports Partners With Vuly
EVANSVILLE, Ind., Jan. 30, 2018 /PRNewswire/ -- Escalade Sports®, a wholly owned subsidiary of Escalade, Inc. (Nasdaq: ESCA) and global leader in sports and outdoor recreational equipment, today announced it has entered into an agreement with Vuly™, a worldwide leader in trampolines and swing sets, to become the exclusive North American distributor of Vuly products.  The agreement will significantly strengthen Escalade Sports' position in the outdoor recreation category by providing exciting opportunities for new and existing customers. ...
Nov 02, 2017 09:00 am ET
Escalade Reports Third Quarter 2017 Results
EVANSVILLE, Ind., Nov. 2, 2017 /PRNewswire/ -- Escalade, Incorporated (NASDAQ: ESCA) - "We are encouraged by the growth in sales and income achieved in the third quarter under continued challenging conditions," stated Dave Fetherman, President and Chief Executive Officer of Escalade, Inc. "The entire Escalade team has worked very hard this year to overcome the industry-wide downturn in the archery category, a reduction in contribution from our joint venture, Stiga Sports, AB, and the bankruptcies that have plagued the retail industry. We believe these conditions have masked the improvements ...
Jul 31, 2017 09:00 am ET
Escalade Reports Second Quarter 2017 Results
EVANSVILLE, Ind., July 31, 2017 /PRNewswire/ -- Escalade, Incorporated (NASDAQ: ESCA) - "Our second quarter overcame new product pipeline fills from prior year and saw growth in our fitness and basketball product categories, resulting in revenue growth of 8%" stated Dave Fetherman, President and Chief Executive Officer of Escalade. Inc. "Gross margin for the quarter was negatively impacted by our archery category, as we transition our crossbow product line to remain focused on providing a compelling product to the consumer. We are optimistic about the second half of the year. As retailers co...
Apr 20, 2017 09:30 am ET
Escalade Reports First Quarter 2017 Results
EVANSVILLE, Ind., April 20, 2017 /PRNewswire/ -- Escalade, Incorporated (NASDAQ: ESCA) - "With the first quarter of 2017 completed, the retail atmosphere continues to evolve," stated Dave Fetherman, President and Chief Executive Officer of Escalade, Inc. "Consumer buying preferences continue to shift to on-line purchasing. Our focus on this consumer shift over the last few years puts us in great position to support our e-commerce and brick-and-mortar retail partners. Revenue was down in the first quarter, compared to prior year, due to retail bankruptcy liquidations, as well as going up agai...
Feb 23, 2017 08:30 am ET
Escalade Reports Fourth Quarter 2016 Results
EVANSVILLE, Ind., Feb. 23, 2017 /PRNewswire/ -- Escalade, Incorporated (NASDAQ: ESCA) announced that net sales for the fourth quarter of 2016 were $45.8 million, or 5% higher compared to net sales of $43.7 million for the same quarter in 2015. Acquisitions completed in 2016 as well as new product offerings introduced into the market during 2016 are the primary drivers for the increase in sales. Continued softness within the archery category partially offset these increases. ...
Oct 27, 2016 09:30 am ET
Escalade Reports Third Quarter 2016 Results
EVANSVILLE, Ind., Oct. 27, 2016 /PRNewswire/ -- Escalade, Incorporated (NASDAQ: ESCA) announced that net sales for the third quarter of 2016 were $38.8 million, or 12% higher compared to net sales of $34.6 million for the same quarter in 2015. Acquisitions completed in 2015 and 2016 as well as new product offerings introduced into the market during 2016 are the primary drivers for the increase in sales. Continued softness within the archery category partially offset these increases. ...
Sep 06, 2016 10:00 am ET
INVESTIndiana announces executive presentation schedule
INVINDCOY light blue logo.jpgLineup highlights health sciences, banking, energy, high-tech and manufacturingConference features inaugural Indiana Public Company of the Year AwardCentral Indiana Corporate Partnership CEO David Johnson's keynote opens the event    INDIANAPOLIS, Sept. 06, 2016 (GLOBE NEWSWIRE) -- CEOs, CFOs and senior executives representing 15 Indiana public companies will meet with the investment community at the September 15 INVESTIndiana Equity Conference in Indianapolis....
Aug 04, 2016 09:30 am ET
Escalade Reports Second Quarter 2016 Results
EVANSVILLE, Ind., Aug. 4, 2016 /PRNewswire/ -- Escalade, Incorporated (NASDAQ: ESCA) announced that net sales for the second quarter of 2016 were $48.5 million, or 10.7% higher compared to net sales of $43.8 million for the same quarter in 2015. The increase in sales is primarily related to new product offerings introduced into the market during 2016 as well as recently completed acquisitions. These increases were partially offset by the continued softness within the archery category. ...
Apr 21, 2016 06:00 pm ET
Escalade Announces Quarterly Dividend Of $0.11 Per Share
EVANSVILLE, Ind., April 21, 2016 /PRNewswire/ -- Escalade, Inc. (NASDAQ: ESCA) The Board of Directors of Escalade, Inc. announced today a quarterly dividend of $0.11 per share would be paid to all shareholders of record on June 10, 2016 and disbursed on June 17, 2016.  ...
Apr 15, 2016 09:00 am ET
Escalade Reports First Quarter 2016 Results
EVANSVILLE, Ind., April 15, 2016 /PRNewswire/ -- Escalade, Incorporated (NASDAQ: ESCA) announced that net sales for the first quarter of 2016 were $34.6 million, or 3% higher compared to net sales of $33.4 million for the same quarter in 2015.  Net income for the first quarter of 2016 was $1.7 million, or $0.12 diluted earnings per share compared to net income of $3.5 million or $0.25 diluted earnings per share for the same quarter in 2015.  During the first quarter, one of the Company's larger customers, The Sports Authority, filed for bankruptcy. At the time of the bankruptcy filing, accou...
Feb 25, 2016 05:00 pm ET
Escalade Announces Quarterly Dividend Of $0.11 Per Share
EVANSVILLE, Ind., Feb. 25, 2016 /PRNewswire/ -- Escalade, Inc. (NASDAQ: ESCA) The Board of Directors of Escalade, Inc. announced today a quarterly dividend of $0.11 per share would be paid to all shareholders of record on March 14, 2016 and disbursed on March 21, 2016....
Feb 23, 2016 08:00 am ET
Escalade Reports Fourth Quarter and Full Year 2015 Results
EVANSVILLE, Ind., Feb. 23, 2016 /PRNewswire/ -- Escalade, Incorporated (NASDAQ: ESCA) announced that revenues for the fourth quarter of 2015 were up 8% over the same quarter in the prior year. Year to date revenues have increased 13% over the same period in the prior year due to organic growth and acquisitions. The Company reported net income from continuing operations for the fourth quarter of 2015 of $2.9 million, or $0.20 diluted earnings per share compared to net income from continuing operations of $4.5 million, or $0.32 diluted earnings per share for the same quarter in...
Jan 22, 2016 06:30 pm ET
Escalade Sports Strengthens Leadership In Games Category With The Acquisition Of Triumph Sports
EVANSVILLE, Ind., Jan. 22, 2016 /PRNewswire/ -- Escalade Sports®, a wholly owned subsidiary of Escalade, Inc. (Nasdaq: ESCA) and global leader in sports and outdoor recreational equipment, today announced that it has acquired Triumph Sports USA, Inc., a brand known for its innovative lines of indoor and outdoor games.  The acquisition will significantly strengthen Escalade Sports' leadership in the indoor games category while providing exciting new opportunities with popular-priced tailgating and lawn games. Escalade Sports expects the acquisition of Triumph to be accretive to its business r...