earnings
confidence high
sentiment neutral
materiality 0.60
Escalade Q3 net income $0.40 EPS vs $0.31; revenue down 7.7%; dividend $0.15
ESCALADE INC
2024-Q3 EPS reported
$0.73
revenue$187,568,000
- Q3 net sales $67.7M, down 7.7% YoY; net income $5.7M ($0.40 diluted EPS) vs $4.3M ($0.31).
- Nine-month net sales $187.6M, down 5.3%; net income $10.3M ($0.73 diluted) vs $7.0M ($0.50).
- Reduced total debt to $29.5M from $72.0M a year ago; net debt/EBITDA 1.1x.
- Quarterly dividend $0.15 per share, record Jan 6, 2025, payable Jan 13, 2025.
- Absorbed $2.3M non-recurring rationalization costs; gain of $3.9M on sale of Mexico facility.