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Escalade Inc. (ESCA)
NASDAQ:ESCA
Earnings Data
Report Date
Apr 17, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.13Last Year’s EPS
0.13Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 26, 2025
|% Change Since: 0.96%
|Next Earnings Date:Apr 17, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a mixed picture with notable achievements in inventory management, debt reduction, and product innovation, counterbalanced by a decline in sales and increased expenses. The operational challenges and cost of rightsizing also impacted profitability. However, the strategic focus on brand partnerships and innovation suggests a positive outlook.Company Guidance
During the Escalade Fourth Quarter 2024 Results Conference Call, the company provided several key metrics illustrating its financial performance and strategic initiatives. Escalade reported a 2% decline in fourth-quarter sales compared to the previous year, yet achieved a 60-basis-point improvement in gross margin, reaching 24.9%. Operating cash flow for the year was $36 million, with $12.3 million generated in the fourth quarter alone. The company successfully reduced inventory levels by 44% compared to their peak in 2022, contributing to a $25.3 million debt reduction in 2024, ending the year with a net leverage ratio of 0.8 times. Additionally, Escalade executed $2.2 million in share repurchases and maintained $25.6 million of fixed-rate debt at an interest rate of 2.97%. The focus on operational discipline, asset optimization, and strategic investments in consumer-driven innovation positions Escalade to capitalize on future growth opportunities despite ongoing challenges in consumer demand for recreational goods.Gross Margin Improvement
The company achieved a 60 basis points improvement in gross margin primarily due to lower manufacturing and logistics costs.
Significant Inventory Reduction
Escalade successfully reduced inventory levels by 44% in 2024, improving working capital efficiency and positively impacting cash flow.
Debt Reduction
Escalade paid down $25.3 million in debt during 2024, ending the year with a net leverage ratio of 0.8 times.
New Product Launches
Introduced innovative products like the Onyx Malus pickleball paddles and launched new Adidas branded fitness accessories in the US.
Strategic Brand Partnerships
Strengthened partnerships such as with the American Cornhole League and became the exclusive US distributor of Adidas branded fitness accessories.
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ESCA Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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ESCA Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 26, 2025 | $15.63 | $15.73 | +0.64% |
| Oct 24, 2024 | $13.40 | $13.11 | -2.16% |
| Jul 25, 2024 | $14.33 | $14.58 | +1.74% |
| Apr 25, 2024 | $13.55 | $13.23 | -2.36% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Escalade Inc. (ESCA) report earnings?
Escalade Inc. (ESCA) is schdueled to report earning on Apr 17, 2025, TBA Not Confirmed.
What is Escalade Inc. (ESCA) earnings time?
Escalade Inc. (ESCA) earnings time is at Apr 17, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is ESCA EPS forecast?
ESCA EPS forecast for the fiscal quarter 2025 (Q1) is 0.13.
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