secwatch.observer — SEC 8-K summary
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Issuer:     ESCALADE INC (ESCA)
CIK:        0000033488
Form:       8-K
Filed at:   2024-07-25T23:59:59+00:00
Accession:  0001437749-24-023403
Event type: earnings
Sentiment:  negative
Materiality: 0.60
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/33488/000143774924023403/0001437749-24-023403-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/33488/000143774924023403/esca20240724_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-023403

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