Escalade appoints interim CEO Griffin as Boehm resigns; Q3 EPS $0.40 vs $0.40

ESCALADE INC

Patrick J. Griffin named Interim President and CEO effective Oct 29, replacing Armin Boehm who resigned.
Q3 net sales $67.8M (flat YoY); diluted EPS $0.40 (same as prior year); gross margin improved 334 bps to 28.1%.
Operating cash flow was ($0.1M) in Q3 vs $10.5M a year ago; total debt fell 31.4% to $20.2M.
Completed acquisition of Gold Tip arrow brand and Bee Stinger stabilizers (value undisclosed).
Quarterly dividend of $0.15/share declared, payable Jan 12, 2026 to holders of record Jan 5, 2026.

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