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Stock impact report

Escalade Reports Fourth Quarter and Full Year 2023 Results [Yahoo! Finance]

Escalade, Incorporated (ESCA) 
Last escalade, incorporated earnings: 8/14 05:00 pm Check Earnings Report
US:NASDAQ Investor Relations: escaladeinc.com/investor_relations
Company Research Source: Yahoo! Finance
goods and indoor/outdoor recreational equipment, today announced results for the fourth quarter and full year 2023. FOURTH QUARTER 2023 RESULTS (As compared to the fourth quarter 2022) Net sales decreased 9.2% to $65.5 million Gross margin improved 192 basis points, to 24.3% Operating income increased 1.6% to $5.0 million EBITDA totaled $6.4 million , an increase of 11.1% Net income of $2.9 million , or per diluted share vs. $2.7 million , or per diluted share for 2022 Cash provided by operations of $20.6 million vs $14.3 million in 2022 FULL YEAR 2023 RESULTS (As compared to full year 2022) Net sales decreased 16.0% to $263.6 million Gross margin declined 3 basis points, to 23.4% Operating income decreased 32.3% to $17.8 million EBITDA totaled $23.5 million , a decrease of 27.6% Net income of $9.8 million , or per diluted share vs. $18.0 million , or per diluted share for 2022 Cash provided by operations of $48.3 million vs. $8.6 million in 2022 For the Show less Read more
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