Escalade Sees Sales Bump from Outdoor and E-commerce
Net income was $1,876,000 in the fiscal second quarter ended Jul. 13, against $12,071,000 last year that included $13 million from the sale of Stiga, as revenues increased 14% to $55,639,000 from $48,684,000. Gross margin was 30 basis points lower at 23.3% and SG&A leveraged 70 b.p. on the higher sales despite $0.9 ... Log in to view full article.
