To the annoyance of some shareholders, Escalade (NASDAQ:ESCA) shares are down a considerable 30% in the last month...
Could Escalade, Incorporated (NASDAQ:ESCA) be an attractive dividend share to own for the long haul? Investors are...
EVANSVILLE, Ind., Nov. 15, 2019 /PRNewswire/ -- Escalade, Incorporated (ESCA) announced today that David L. Fetherman has informed the Escalade Board of Directors of his intent to retire from his position as the Company's President and Chief Executive Officer. Pending the hiring of his replacement, Mr. Fetherman has agreed to continue to serve as President and Chief Executive Officer through this transition period. In addition, it is anticipated that Mr. Fetherman will continue to serve on Escalade's Board of Directors until his successor takes office.
Every investor in Escalade, Incorporated (NASDAQ:ESCA) should be aware of the most powerful shareholder groups...
Escalade, Incorporated (NASDAQ: ESCA) - "Our first quarter results reflect the benefits of the operational and organizational changes we made during 2019 which enabled us to achieve operational leverage during the quarter and helped drive significant operating income improvement," said Dave Fetherman, President and CEO of Escalade, Inc. "The 16.2% revenue growth was driven by our outdoor categories – basketball, pickleball, and Victory Tailgate. These categories, along with table tennis and billiard accessories, helped to drive the margin improvement. We made progress in reducing inventory and improving turns during the quarter. These efforts resulted in a significant improvement in EPS for our shareholders. We ended the quarter with a strong balance sheet, with available cash and full availability under our $50 million revolving facility with our long-term banking partner, JPMorgan Chase. With the emerging COVID-19 pandemic, we are focused on safeguarding and protecting our employees. Due to shelter in place mandates issued across the country, our e-commerce channel is experiencing increased demand for our fitness and home recreation products. As I turn over the reins to Scott Sincerbeaux, our incoming President and CEO, I want to thank all the employees that make up Escalade for your dedication, commitment and friendship over the years."
We at Insider Monkey have gone over 821 13F filings that hedge funds and prominent investors are required to file by the SEC The 13F filings show the funds' and investors' portfolio positions as of March 31st, near the height of the coronavirus market crash. In this article, we look at what those funds think […]
Escalade, Incorporated ("Escalade") (NASDAQ: ESCA) announced that it repaid its outstanding $5.6275 million loan received pursuant to the Paycheck Protection Program ("PPP") and issued the following statement from Scott Sincerbeaux, Escalade's new Chief Executive Officer and President:
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Escalade (NASDAQ:ESCA) shareholders are no doubt pleased to see that the share price has bounced 33% in the last month...
Escalade, Incorporated (NASDAQ: ESCA) - "Revenue declined 7.7% in the quarter due to softness in the archery and fitness categories. These shortfalls were partially offset by positive growth in Outdoor Games, Pickleball and Basketball categories," stated Dave Fetherman, President and CEO. "Gross margins were down 90 basis points in the quarter, impacted by tariffs and sales mix. We anticipate the facility consolidations completed during 2019 and actions taken to reduce operating costs will lead to improved operating profits in 2020. The Company repurchased 80,570 shares of stock during the quarter and 271,774 shares for 2019. The Company announced a quarterly dividend of $0.125 per share."
Escalade, Incorporated (NASDAQ:ESCA) shareholders should be happy to see the share price up 20% in the last month. But...
- Revenue growth of 4.1% on net sales of $45.8 million - Gross profit of $10.0 million - Operating income of $2.9 million - Diluted EPS of $0.18 per share EVANSVILLE, Ind. , Oct. 31, 2019 /PRNewswire/ ...
Escalade, Incorporated (NASDAQ:ESCA) stock is about to trade ex-dividend in 4 days time. Ex-dividend means that...
Escalade, Incorporated (NASDAQ: ESCA) - The Board of Directors of Escalade, Inc. is pleased to announce the appointment of Scott Sincerbeaux as the organization's next President and Chief Executive Officer. Mr. Sincerbeaux brings a wealth of Retail, Wholesale, and Ecommerce experience and a keen understanding of the changing consumer landscape and retail marketplace. He will join Escalade on April 27, 2020.
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Escalade (NASDAQ:ESCA) shareholders are no doubt pleased to see that the share price has bounced 33% in the last month...
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Dave Fetherman has been the CEO of Escalade, Incorporated (NASDAQ:ESCA) since 2015. This report will, first, examine...
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