Brief: Escalade Reports Fourth Quarter And Full Year 2022 Results

Escalade

22/02/2023 11:20

Feb 22 (Reuters) - Escalade Inc  ESCA.O :
    * ESCALADE INC Q4 EARNINGS PER SHARE $0.20
    * ESCALADE REPORTS FOURTH QUARTER AND FULL YEAR 2022 RESULTS
    * ESCALADE INC - QTRLY NET SALES DECREASED 1.8% TO $72.1
MILLION
    * ESCALADE INC - EXPECT TO FURTHER REDUCE INVENTORY BY
YEAR-END
2023, RESULTING IN IMPROVED CASH CONVERSION
    * ESCALADE INC - Q1 2023 WILL BE A PARTICULARLY DIFFICULT
COMPARISON AS WE GO UP AGAINST AN UNUSUALLY STRONG PRIOR-YEAR
PERIOD
    * ESCALADE INC: MADE DECISION TO CLOSE OUR MANUFACTURING
FACILITIES IN ROSARITO, MEXICO

Further company coverage:  ESCA.O 
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