Escalade Reports Q2 2026 Financial Results
Escalade Inc., a manufacturer of sporting goods and recreational equipment, reported second-quarter results for fiscal year 2026. The company saw net sales increase by 6.2% to $57.7 million compared to the same period in 2025. This growth was driven primarily by strong performance in archery categories following its September 2025 acquisition of Gold Tip, as well as increased demand for safety equipment and table tennis products. Gross margin improved significantly by 146 basis points to 26.2%, attributed to better absorption rates, operating leverage, and a favorable sales mix. Net income rose sharply from $1.8 million in Q2 2025 to $9.4 million for the same period this year, with diluted earnings per share increasing from $0.13 to $0.68. However, excluding tariff recoveries of $10.2 million, net income was lower at $2.6 million or $0.19 per diluted share. EBITDA for the quarter reached $13.2 million compared to $3.9 million in 2025. Cash flow from operations declined by $4.6 million due primarily to increased working capital usage.
Tickers: $ESCA
Topics: earnings financial results gross margin improvement sales growth