secwatch.observer — SEC 8-K summary
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Issuer:     ESCALADE INC (ESCA)
CIK:        0000033488
Form:       8-K
Filed at:   2024-03-29T23:59:59+00:00
Accession:  0001437749-24-010065
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Escalade Q4 EPS $0.21 on $65.5M sales; FY EPS $0.71 on $263.6M sales
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- Q4 net sales $65.5M (-9.2% YoY); net income $2.9M ($0.21 diluted) vs $2.7M ($0.20).
- Full year net sales $263.6M (-16.0%); net income $9.8M ($0.71 diluted) vs $18.0M ($1.31).
- Q4 gross margin 24.3% (+192 bps YoY); operating cash flow $20.6M (+43.9%).
- Board declared quarterly dividend $0.15/share, payable April 22, 2024 to record April 15.
- Debt reduced by $44M in 2023; net debt/EBITDA improved to 2.2x from 2.8x.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/33488/000143774924010065/0001437749-24-010065-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/33488/000143774924010065/esca20240329_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-010065

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