earnings
confidence high
sentiment positive
materiality 0.70
Escalade reports Q4 net sales down 2.4% to $63.9M; full-year net income up to $0.93 diluted EPS
ESCALADE INC
2024-FY EPS reported
$0.93
revenue$251,510,000
- Q4 net sales $63.9M (-2.4% YoY); gross margin improved 61 bps to 24.9%; operating income $4.5M (-9.0%).
- Full year 2024 net sales $251.5M (-4.6%); net income $13.0M ($0.93 diluted EPS) vs $9.8M ($0.71) in 2023.
- Board declared $0.15 quarterly dividend payable Apr 14, 2025 to holders of record Apr 7, 2025.
- Board authorized reset of share repurchase program for up to $20M in future repurchases; no expiration.
- Net debt to trailing EBITDA ratio improved to 0.8x at Dec 31, 2024 from 2.2x at end of 2023.