secwatch.observer — SEC 8-K summary
======================================

Issuer:     ESCALADE INC (ESCA)
CIK:        0000033488
Form:       8-K
Filed at:   2024-10-24T23:59:59+00:00
Accession:  0001437749-24-031950
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Escalade Q3 net income $0.40 EPS vs $0.31; revenue down 7.7%; dividend $0.15
----------------------------------------------------------------------------

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/33488/000143774924031950/0001437749-24-031950-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/33488/000143774924031950/esca20241023_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-031950

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