Armin Boehm
On February 6, 2025, the Board of Directors (the “Board”) of Escalade, Incorporated (“Escalade” or the “Company”) announced that Armin Boehm has agreed to become the Company’s new Chief Executive Officer and President.
Highest-materiality recent filing
Escalade shareholders re-elect all five directors, ratify auditor, approve say-on-pay
All five director nominees (Baalmann, Franklin, Glazer, Jr., Griffin, Williams) re-elected to one-year terms.
Escalade Q1 net income up 69% to $4.4M; EPS $0.32 vs $0.19; dividend declared
Net sales $55.8M, +0.6% YoY; gross margin 30.7%, +408 bps; operating income +59.8% to $5.8M.
Escalade appoints Patrick J. Griffin as permanent CEO and President
Griffin, 56, was interim CEO since Oct 29, 2025; now full-time CEO and President.
Escalade Q4 net income up 37%; full-year EPS $0.99; raises dividend to $0.1525
Q4 net sales $62.6M (-2.2% YoY); gross margin +280 bps to 27.7%.
Escalade acquires AllCornhole, tournament cornhole equipment brand; deal not material
Acquisition of substantially all assets of AllCornhole, founded 2013, a leading cornhole bag supplier.
Escalade names Patrick Griffin Interim CEO; Boehm receives $800k separation
Patrick Griffin appointed Interim President & CEO effective 10/29/25, replacing Armin Boehm who resigned same day.
Escalade appoints interim CEO Griffin as Boehm resigns; Q3 EPS $0.40 vs $0.40
Patrick J. Griffin named Interim President and CEO effective Oct 29, replacing Armin Boehm who resigned.
Escalade acquires Gold Tip archery business from Revelyst; terms undisclosed
Acquired substantially all assets of Gold Tip, including carbon arrows and Bee Stinger stabilizers.
Escalade Q2 net sales down 13.1% to $54.3M; EPS $0.13 vs $0.20; dividend $0.15
Net sales $54.3M vs $62.5M YoY; operating income $2.6M vs $4.5M.
Escalade shareholders elect all five director nominees, ratify auditor and say-on-pay
All five director nominees elected: Baalmann, Franklin, Glazer, Griffin, Williams (vote tallies provided).
Escalade Q1 net income up 46% to $0.19 diluted EPS; revenue down 3.2% to $55.5M
Net sales $55.5M (-3.2% YoY); operating income $3.7M (+19.3%).
Escalade reports Q4 net sales down 2.4% to $63.9M; full-year net income up to $0.93 diluted EPS
Q4 net sales $63.9M (-2.4% YoY); gross margin improved 61 bps to 24.9%; operating income $4.5M (-9.0%).
Escalade names Armin Boehm as CEO, succeeding retiring Walter Glazer effective April 1, 2025
Armin Boehm, former Gibson Chief Commercial Officer, becomes CEO and President on April 1, 2025.
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).
Escalade amends credit agreement: revolver cut to $60M, adds interest coverage covenant of 3.50x
Maximum revolver reduced from $75M to $60M; accordion feature allows increase up to $85M.
Escalade CEO Walter Glazer to retire by Dec 31, 2024; board seeks successor
CEO and President Walter P. Glazer, Jr. notified board of retirement effective Dec 31, 2024.
Escalade Q2 net sales down 7.7% to $62.5M; EPS $0.20 vs $0.26
Net income of $2.8M ($0.20 EPS) vs $3.6M ($0.26 EPS) in Q2 2023.
Escalade dismisses auditor FORVIS, appoints Grant Thornton; cites material weaknesses
Dismissed FORVIS, LLP as independent auditor effective May 13, 2024; no disagreements on accounting principles.
Escalade annual meeting results: directors elected, FORVIS ratified, say-on-pay approved
All five director nominees elected (Baalmann, Franklin, Glazer, Griffin, Williams) each for a one-year term.
On February 6, 2025, the Board of Directors (the “Board”) of Escalade, Incorporated (“Escalade” or the “Company”) announced that Armin Boehm has agreed to become the Company’s new Chief Executive Officer and President.
On August 13, Walter P. Glazer, Jr. informed the Board of Directors of Escalade, Incorporated (the “Company”) of his intention to retire from his role as Chief Executive Officer and President of the Company.
Max materiality 0.75 · Median 0.60 · Most common event earnings