{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-23-029013","form_type":"8-K","ticker":"ESCA","cik":"0000033488","company_name":"ESCALADE INC","filed_at":"2023-10-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:31.641471+00:00","generated_at":"2026-06-09T09:01:01.966576+00:00","sec_items":["2.02","8.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Escalade Q3 net income up 43% to $4.3M; gross margin expands 652 bps to 24.7%","bullets":["Q3 net sales $73.4M, down 2.1% YoY; adjusted for calendar change, down 11.6%.","Q3 operating income $6.4M, up 52.7%; EBITDA $7.9M, up 35.7%.","Net income per diluted share $0.31 vs $0.22 in prior year.","Board declares $0.15 quarterly dividend, payable Jan 12, 2024 to holders of record Jan 5, 2024.","Cash from operations $14.8M vs use of $5.5M; net debt leverage 3.1x trailing EBITDA."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-23-029013","json":"https://secwatch.observer/filing/0001437749-23-029013.json","markdown":"https://secwatch.observer/filing/0001437749-23-029013.md","text":"https://secwatch.observer/filing/0001437749-23-029013.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/33488/000143774923029013/0001437749-23-029013-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/33488/000143774923029013/esca20231025_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T09:01:01.966576+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"13f20f0cffa87399d99926f1689adcef77165d48","claim":"ESCALADE INC reported three quarters ended September 30, 2023 results: revenue $198.1 million, net income $7.0 million, EPS $0.50 per diluted share.","evidence_excerpt":"of $14.8 million vs. cash used of $5.5 million THREE QUARTERS ENDED SEPTEMBER 30, 2023 (As compared to three quarters ended October 1, 2022) ● Net sales decreased 18.0% to $198.1 million ● Gross margin declined 70 basis points, to 23.1% ● Operating income decreased 40.0% to $12.9 million ● EBITDA totaled $17.1 million, a decrease of 35.9% ● Net income of $7.0","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/33488/000143774923029013/0001437749-23-029013-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"three quarters ended September 30, 2023"},{"label":"Revenue","value":"$198.1 million"},{"label":"Net income","value":"$7.0 million"},{"label":"EPS","value":"$0.50 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"cbdbe14d0c91c5d4c5aca5ce646c51923458ad09","claim":"ESCALADE INC reported third quarter ended September 30, 2023 results: revenue $73.4 million, net income $4.3 million, EPS $0.31 per diluted share.","evidence_excerpt":"recreational equipment, today announced third quarter and year to date results for 2023. THIRD QUARTER 2023 (As compared to the third quarter 2022) ● Net sales decreased 2.1% to $73.4 million ● Gross margin improved 652 basis points, to 24.7% ● Operating income increased 52.7% to $6.4 million ● EBITDA totaled $7.9 million, an increase of 35.7% ● Net income of $4.3","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/33488/000143774923029013/0001437749-23-029013-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third quarter ended September 30, 2023"},{"label":"Revenue","value":"$73.4 million"},{"label":"Net income","value":"$4.3 million"},{"label":"EPS","value":"$0.31 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}