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Article Date: July 2023
Word Count: 176

Escalade Results Hurt by Calendar Shift


Net income in the second quarter slipped 36% to $3,642,000 from $5,673,000 on revenues that were down 28% to $67,771,000 from $94,337,000, pressured by waning consumer demand from pandemic highs. Too, shifting the company’s reporting calendar to a Jan. 1 fiscal year, resulted in the loss of 21 days in Q2 compared to 2022’s March 20 to July 9 period. Sales were down 10% excluding the shift, with the burgeoning DTC channel up 60% in the comparable April to ... Log in to view full article.

 


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