Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
Escalade Inc. (ESCA)
NASDAQ:ESCA
Holding ESCA?
Track your performance easily
Earnings Data
Report Date
Apr 17, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
―Last Year’s EPS
―Same Quarter Last Year
Based on 0 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Oct 24, 2024
|% Change Since: 7.46%
|Next Earnings Date:Apr 17, 2025
Earnings Call Sentiment|Neutral
The call highlighted significant achievements in operational optimization and cash flow management, alongside successful product innovations and e-commerce growth. However, these positives were counterbalanced by challenges such as a decline in net sales, increased SG&A expenses, and ongoing softness in consumer demand. The sentiment is cautiously optimistic with a focus on long-term growth and efficiency improvements.Company Guidance
During the Escalade Q3 2024 earnings call, Walter Glazer, President and CEO, provided detailed guidance on several key metrics. Despite a 7.7% decline in net sales compared to the previous year, the company achieved a gross margin expansion, which, excluding $1.8 million in nonrecurring expenses, would have been 27.4%, a 265 basis point improvement. The company optimized its operational footprint, reducing it by approximately 300,000 square feet, or 20%, by year-end. Cash flow from operations was reported at $10.5 million, with $14 million of debt repaid, reducing the net leverage ratio to 1.1x. Additionally, direct-to-consumer e-commerce volumes increased by 29% year-over-year. Looking forward, Escalade anticipates higher gross margins and is focused on debt repayment while investing in innovation and strategic partnerships, such as becoming the official U.S. distributor of Adidas fitness accessories.Gross Margin Improvement
Excluding nonrecurring expenses, gross margin would have been 27.4%, a 265 basis point improvement over the prior year.
Operational Footprint Optimization
Successfully reduced operational footprint by approximately 300,000 square feet or 20%, with completion expected by year-end.
Strong Cash Flow Generation
Generated $10.5 million of cash from operations during the quarter, allowing for $2 million in dividends and nearly $14 million of debt repayment.
E-commerce Growth
Direct-to-consumer e-commerce volumes increased by 29% year-over-year during the quarter.
New Product Launches and Partnerships
Introduced new product innovations, including the Adapt compound bow and Onyx Supercell pickleball paddle, and an agreement to distribute Adidas fitness accessories.
---
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
---
ESCA Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 24, 2024 | $13.54 | $13.24 | -2.22% |
| Jul 25, 2024 | $14.47 | $14.73 | +1.80% |
| Apr 25, 2024 | $13.69 | $13.36 | -2.41% |
| Oct 26, 2023 | $15.42 | $16.30 | +5.71% |
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.
---
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?
Currently, no data Available
---