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Article Date: August 2020
Word Count: 139

Escalade Soars as Pandemic Spurs Demand


Net income in the second quarter more than quadrupled to $8,710,000 from $1,876,000 on 50% revenue growth to $83,524,000, up from $55,639,000, on strong demand for home recreation and entertainment from consumers stuck at home. The gains were driven by the outdoor and fitness categories, including basketball, Lifeline Fitness and Victory Tailgate. E-commerce sales jumped 59% and accounted for 47% of total revenues. Gross margin expanded by 450 basis ... Log in to view full article.

 


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