Brief: Escalade Reports First Quarter 2023 Results

Escalade

09/05/2023 11:32

May 9 (Reuters) - Escalade Inc  ESCA.O :
    * ESCALADE REPORTS FIRST QUARTER 2023 RESULTS
    * ESCALADE INC Q1 SALES FELL 21.3 PERCENT TO $56.9 MILLION
    * ESCALADE INC Q1 LOSS PER SHARE $0.07
    * ESCALADE INC - INITIATED A TARGETED REDUCTION IN FORCE
DURING Q2
2023 WITHIN OUR DOMESTIC OPERATIONS
    * ESCALADE INC - ANTICIPATE $2.3 MILLION IN ANNUALIZED COST
SAVINGS RESULTING FROM DOMESTIC REDUCTION IN FORCE BEGINNING IN
Q3 2023

Source text for Eikon:  ID:nPn8gNRGQa 
Further company coverage:  ESCA.O 

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