Feb. 26 at 11:42 AM
$ESCA Escalade reports Q4 EPS 19c vs. 21c last year
Reports Q4 revenue
$63.94M vs.
$65.51B last year. "During the fourth quarter, we maintained strong operational discipline across the organization through a combination of improved asset optimization, expense reduction, and operational efficiency culminating in margin expansion and strong free cash flow generation in the period," stated Walter Glazer, president and CEO of Escalade.
"Over the last two years as part of our cost rationalization program, we've removed significant costs from the business through the third quarter sale of our Mexico facility, operational improvements across our organization, and workforce reductions. As planned, we completed the winddown of our Orlando, Florida operations and terminated the facility lease in the fourth quarter. I should point out that we absorbed substantial one-time costs associated with these actions during 2023 and 2024 that will not recur in 2025."
