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Article Date: April 2022
Word Count: 296

Escalade Gets Brunswick Boost in Q1


Net income increased 22% to $6,654,000 in the first quarter ended Mar. 19, from 5,442,000 last year, on 22% higher revenues of $72,380,000 up from $59,191,000, including 12% organic growth and a $6 million contribution from Brunswick Billiards. The acquisition of the iconic billiard brand from Life Fitness closed on Jan. 24. Basketball, archery, pickleball, and indoor game categories were called out for strong Q1 sales, and ESCA benefitted from the pull-forward of some planned Q2 orders, as retailers were eager to acquire inventory. Revenues from fitness products are slowing, however, after two years of rapid growth.

 

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