ESCA earnings analysis
What we found in ESCA's 10-Q: the parts that mattered, the offsets in the same document, and what the company said about what comes next.
Our reading of the filing · Free to read, no account needed
Escalade, Inc. posted a revenue of $55.8 million for Q1 2026, slightly exceeding expectations of $53.8 million, and reported earnings per share (EPS) of $0.32, which beat the estimate of $0.18. The gross margin rose significantly to 30.7%, up from 26.7% year-over-year, driven by lower fixed costs and a favorable sales mix.
The parts that mattered.
Pulled out of the filing itself, with the figures the company reported.
- Revenue Slightly Beats Estimates
- Q1 2026 revenue was $55.8 million, surpassing expectations of $53.8 million.
- Strong EPS Performance
- EPS for Q1 2026 was reported at $0.32, exceeding the estimated $0.18.
- Significant Gross Margin Improvement
- Gross margin increased to 30.7%, compared to 26.7% in Q1 2025.
- Decreased Debt Levels
- Total debt decreased to $16.7 million, down by $1.8 million from $18.4 million at the end of 2025.
- Operating Cash Flow Up
- Operating cash flow increased to $6.1 million, reflecting improved profitability.
- Positive Segment Growth in Archery
- Sales increased in archery categories, contributing to overall revenue growth.
And the other side of it.
The offsets in the same document — the things a summary that only listed the good news would have left out.
- Inflationary Pressures Persist
- Inflation remains a risk factor affecting costs and profitability.
- Geopolitical Risks Continue
- Ongoing geopolitical tensions may disrupt supply and impact costs.
- Impacts of Tariffs Uncertain
- The potential for tariffs on imports could affect product availability and costs.
What they reported.
What the company itself reported, taken out of the document.
- Earnings per share
- $0.32
- Gross margin
- 30.7%
- Operating margin
- 10.5%
What they said about what is next.
No explicit forward guidance provided.
The filing reads better than the one before it.
What came before.
- 10-K · February 27, 2026
- Escalade (ESCA) reports as a single-segment Sporting Goods company that completed two small acquisitions in 2025 (Gold Tip in Sept 2025 and AllCornhole in Dec 2025). Full-year revenue was roughly $240.0M (sum of…
- 10-Q · October 30, 2025
- Escalade reported Q3 net sales essentially flat year-over-year at $67,786 (thousands) vs $67,738 in Q3 2024, with diluted EPS of $0.40. Gross margin expanded to 28.1% (gross profit $19,066) from 24.8% a year ago, but…
- 10-Q · August 1, 2025
- Escalade reported Q2 2025 net sales of $54,333 thousand and diluted EPS of $0.13. Revenue and operating profit declined versus the prior year (Q2 2024 sales $62,526k; operating income $4,457k) while operating cash flow…
- 10-K · March 10, 2025
- Escalade positions itself as a focused Sporting Goods company (100% of operations) with a multi-decade brand portfolio and a strategy built on product innovation, brand marketing, e‑commerce expansion and selective…
This is our reading of a public filing, not the filing. Read the original on SEC.gov · Educational only. Nothing here is investment advice.
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