Escalade Q3 profit improves as sales fall 3.2%
Key points
- Escalade (NASDAQ:ESCA) reported third-quarter 2026 net income of $6.7 million, up from $5.6 million a year earlier, despite lower sales.
- Sales declined 3.2% to $65.6 million, but diluted EPS rose to $0.48 and operating cash flow reached $14.9 million.
- Escalade declared a quarterly dividend of $0.1525 per share and said product launches and acquisition contributions could support sales growth in 2027.
Escalade (NASDAQ:ESCA) reported third-quarter 2026 net income of $6.7 million, up from $5.6 million a year earlier, despite a 3.2% decline in sales to $65.6 million.
Diluted earnings per share increased to $0.48 from $0.40, while operating income rose to $8.7 million from $7.3 million.
Gross margin increased 123 basis points to 29.4%, with results including $1.594 million in tariff recoveries.
Operating cash flow reached $14.9 million, compared with $1 million used a year earlier, while cash totaled $24.5 million and debt stood at $13.1 million at September 30.
Escalade declared a quarterly dividend of $0.1525 per share, payable January 11, 2027, and said it expects consumer spending pressures to persist while product launches and acquisition contributions could support sales growth in 2027.
