Escalade Q2 net sales down 5.4% to $94.3M; EPS falls to $0.42 from $0.58

ESCALADE INC

2022-Q2 EPS reported $0.91 revenue$166,717,000

Organic sales (ex-acquisitions) declined 13.0% YoY; net income $5.7M vs $8.1M.
Q2 gross margin flat at 25.2%; operating income fell 23.4% to $8.2M.
Quarterly dividend of $0.15/share declared; record Sept 6, pay Sept 13, 2022.
Brunswick Billiards acquisition integration ahead of plan, expected accretive in H2 2022.
Post-quarter expanded revolver by $10M; additional $15M accordion available.

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