secwatch.observer — SEC 8-K summary
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Issuer:     ESCALADE INC (ESCA)
CIK:        0000033488
Form:       8-K
Filed at:   2023-10-26T23:59:59+00:00
Accession:  0001437749-23-029013
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Escalade Q3 net income up 43% to $4.3M; gross margin expands 652 bps to 24.7%
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/33488/000143774923029013/0001437749-23-029013-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/33488/000143774923029013/esca20231025_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-23-029013

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