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Escalade Q2 Earnings Call Highlights
['Patrick Bannon']
Daily Political
Get alerts:For the three months ended June 30, Escalade posted net income of $9.4 million, or $0.68 per diluted share, on net sales of $57.7 million.
Griffin said Escalade intends to use the tariff refunds to help offset higher freight costs, commodity prices and announced or potential tariffs.
Griffin told analysts that Escalade is seeing particular market-share traction in Bear Archery’s Trophy Ridge accessories business.
As of June 30, Escalade had $16.4 million in cash and cash equivalents and $14.9 million in total debt, all current at quarter-end.
Within Sporting Goods, Escalade markets its products under proprietary brands including Bear® Archery, Gene St.