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Article Date: May 2023
Word Count: 145

Escalade Revenues Tumble in Q1


The bottom line swung to a loss of $952,000 from last year’s profit of $6,654,000 as sales fell 21% to $56,931,000 in the first quarter from $72,380,000, blamed on softening consumer demand, poor weather conditions in the spring selling season, and destocking efforts from retailers. The latter is expected to turn around with the summer selling season. Basketball and archery sell-in was particularly hit ... Log in to view full article.

 


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