Escalade Q2 net sales down 7.7% to $62.5M; EPS $0.20 vs $0.26

ESCALADE INC

2024-Q2 EPS reported $0.33 revenue$119,830,000

Net income of $2.8M ($0.20 EPS) vs $3.6M ($0.26 EPS) in Q2 2023.
H1 2024 net sales $119.8M (-3.9%); operating income $7.5M vs $6.4M.
Declared quarterly dividend of $0.15/share, payable Oct 14 to holders of record Oct 7.
Total debt reduced to $43.2M from $84.0M YoY; cash flow from operations $13.3M.
Management notes cautious consumer demand and initiated additional cost rationalization programs.

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