secwatch.observer — SEC 8-K summary
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Issuer:     ESCALADE INC (ESCA)
CIK:        0000033488
Form:       8-K
Filed at:   2022-08-04T23:59:59+00:00
Accession:  0001437749-22-018722
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/33488/000143774922018722/0001437749-22-018722-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/33488/000143774922018722/esca20220803_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-22-018722

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