secwatch.observer — SEC 8-K summary
======================================

Issuer:     ESCALADE INC (ESCA)
CIK:        0000033488
Form:       8-K
Filed at:   2022-04-14T23:59:59+00:00
Accession:  0001437749-22-008924
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Escalade Q1 net sales up 22.3% to $72.4M; EPS $0.49 vs $0.39; dividend raised 7.1%
--------------------------------------------------------------------------------

- Net sales $72.4M (+22.3% YoY); organic growth 12.2%; diluted EPS $0.49 vs $0.39.
- Gross margin 27.8% (down 165 bps) on supply chain cost inflation; SG&A dropped to 14.5% of sales.
- Operating income $9.0M (+26.6%); net income $6.7M (+22.3%).
- Quarterly dividend raised 7.1% to $0.15/share; payable June 7 to holders of record May 31.
- Completed Brunswick Billiards acquisition in Q1; expect accretion in H2 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/33488/000143774922008924/0001437749-22-008924-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/33488/000143774922008924/esca20220413_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-22-008924

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer