Extracted from this filing and checked against the source text.
Earnings Releases
SEC 8-K Item 2.02
confidence 0.95
ESCALADE INC reported FULL YEAR 2022 (As compared to full year 2021) results: revenue Net Sales were up to prior year at $313.8 million, net income Net income of $18.0 million, or $1.31 per diluted share vs. $24.4 million, or $1.76 per diluted share for 2021, EPS $1.31 per diluted share.
- Period
- FULL YEAR 2022 (As compared to full year 2021)
- Revenue
- Net Sales were up to prior year at $313.8 million
- Net income
- Net income of $18.0 million, or $1.31 per diluted share vs. $24.4 million, or $1.76 per diluted share for 2021
- EPS
- $1.31 per diluted share
- Result
- reported results
Exact text from the filing
Net Sales were up to prior year at $313.8 million
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Earnings Releases
SEC 8-K Item 2.02
confidence 0.95
ESCALADE INC reported FOURTH QUARTER 2022 (As compared to the fourth quarter 2021) results: revenue Net Sales decreased 1.8% to $72.1 million, net income Net income of $2.7 million, or $0.20 per diluted share vs. $4.9 million, or $0.36 per share for Q4 2021, EPS $0.20 per diluted share.
- Period
- FOURTH QUARTER 2022 (As compared to the fourth quarter 2021)
- Revenue
- Net Sales decreased 1.8% to $72.1 million
- Net income
- Net income of $2.7 million, or $0.20 per diluted share vs. $4.9 million, or $0.36 per share for Q4 2021
- EPS
- $0.20 per diluted share
- Result
- reported results
Exact text from the filing
FOURTH QUARTER 2022 (As compared to the fourth quarter 2021) ● Net Sales decreased 1.8% to $72.1 million ● Organic sales, excluding acquisition contributions, declined 14.4% ● Gross margin increased 19 basis points, to 22.4% ● Operating income decreased 23.8% to $4.9 million ● Net income of $2.7 million, or $0.20 per diluted share vs.
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Restructurings & Charges
SEC 8-K Item 2.05/2.06
confidence 0.9
ESCALADE INC announced a restructuring with charges of approximately $0.5 million to $1.5 million affecting manufacturing facilities in Rosarito, Mexico.
- Type
- restructuring
- Charge
- approximately $0.5 million to $1.5 million
- Affected area
- manufacturing facilities in Rosarito, Mexico
Exact text from the filing
operational efficiencies. The Company expects to incur aggregate pre-tax legal expenses, employee severance costs, transportation and other closure expenditures of approximately $0.5 million to $1.5 million in connection with winding down its Mexican operations and disposing of the real estate, building, equipment and other related assets located at these facilities.
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