Escalade Reports Q2 2026 Earnings with Strong Sales Growth
Escalade (ESCA) reported second-quarter earnings for 2026, showing net sales of $57.7 million—a year-over-year increase driven by new archery products and the Gold Tip acquisition. The company's gross margin expanded to 26.2%, up 146 basis points due to higher fixed cost absorption and a favorable product mix. Net income reached $9.4 million, or $0.68 per diluted share, with EBITDA rising significantly to $13.2 million from $3.9 million in the prior year period. A nonrecurring tariff recovery of $9.9 million also positively impacted operating profit and EBITDA. Escalade's cash position stood at $16.4 million as of June 30, with a net debt reduction of $1.8 million during Q2. The company is focusing on inventory efficiency targets (aiming for three turns) while expanding into new product categories like pickleball and basketball.
Tickers: $ESCA