Escalade reports Q1 EPS 19c vs. 13c last year

Reports Q1 revenue $55.48M vs. $57.3M last year. “Our first quarter results underscore the effectiveness of our operational discipline initiatives, culminating in gross margins of 26.7% and improved profitability-even amid softening consumer demand,” said Walt Glazer, Chairman of Escalade’s (ESCA) Board of Directors. “This 161-basis-point year-over-year increase in margin reflects an improvement in our cost structure.”