earnings
confidence high
sentiment neutral
materiality 0.60
Escalade Q2 revenue up 19.3% to $99.7M; EPS $0.58 down from $0.61; gross margin falls 267 bps
ESCALADE INC
2021-Q2 EPS reported
$0.97
revenue$158,870,000
- Revenue $99.7M (+19.3% YoY); diluted EPS $0.58 vs $0.61 prior year.
- Gross margin 25.2%, down 267 bps from 27.8% due to higher raw material and wage costs.
- Operating income $10.7M vs $10.9M; SG&A as % of sales improved to 13.9% from 14.3%.
- Quarterly dividend of $0.14 per share declared, payable Sep 14 to holders of record Sep 7.
- Year-to-date sales up 31.5%; net income up 27.3%; management notes supply chain issues.