{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-24-013090","form_type":"8-K","ticker":"ESCA","cik":"0000033488","company_name":"ESCALADE INC","filed_at":"2024-04-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:21.551746+00:00","generated_at":"2026-06-03T08:25:59.447619+00:00","sec_items":["2.02","8.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Escalade Q1 net income $1.8M vs loss; gross margin up 560 bps; declares $0.15 dividend","bullets":["Net sales $57.3M (+0.7% YoY); net income $1.8M ($0.13 EPS) vs net loss $1.0M ($0.07 loss) in Q1 2023.","Gross margin 25.0%, +560 bps YoY, driven by favorable product mix and lower inventory costs.","EBITDA $4.4M vs $1.6M; total debt $53.5M, down from $95.2M year ago; net debt/EBITDA 2.0x.","Board approved $0.15/share quarterly dividend payable July 15 to holders of record July 8.","Planned divestiture of Mexico operations to drive fixed-cost efficiencies; DTC website sales up 28%."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-24-013090","json":"https://secwatch.observer/filing/0001437749-24-013090.json","markdown":"https://secwatch.observer/filing/0001437749-24-013090.md","text":"https://secwatch.observer/filing/0001437749-24-013090.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/33488/000143774924013090/0001437749-24-013090-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/33488/000143774924013090/esca20240424_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T08:25:59.447619+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":"01d52a8b9d75861f446f653f5f77ef075fceb3d6","claim":"ESCALADE INC reported first quarter 2024 results: revenue $57.3 million, net income $1.8 million, EPS $0.13.","evidence_excerpt":"indoor/outdoor recreational equipment, today announced results for the first quarter 2024. FIRST QUARTER 2024 HIGHLIGHTS (As compared to the first quarter 2023) ● Net sales were $57.3 million, an increase of 0.7% ● Operating income was $3.1 million compared to $0.1 million in 2023 ● EBITDA totaled $4.4 million, an increase of $2.8 million ● Net income of $1.8 million,","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/33488/000143774924013090/0001437749-24-013090-index.htm","confidence":0.98,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter 2024"},{"label":"Revenue","value":"$57.3 million"},{"label":"Net income","value":"$1.8 million"},{"label":"EPS","value":"$0.13"},{"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"}