earnings
confidence high
sentiment negative
materiality 0.70
Escalade Q3 revenue up 4.1% to $81.3M, EPS down 39.5% to $0.43; dividend $0.14
ESCALADE INC
2021-Q3 EPS reported
$1.40
revenue$240,168,000
- Revenue $81.3M (+4.1% YoY); gross margin 22.5% vs 30.1% due to transportation/raw material cost pressures.
- Operating income $7.7M vs $12.8M; diluted EPS $0.43 vs $0.71 in Q3 2020.
- Cost headwinds (freight, raw materials, wages) hit EPS by ~$0.20 in Q3 and $0.40 YTD.
- Quarterly dividend of $0.14 per share declared; payable Dec 13, 2021 to holders of record Dec 6.
- YTD sales +20.8% but net income -6.3%; management cites supply chain challenges and price increases.