Thursday, October 20, 2005
Wabash based Escalade Inc. Announces Increased Earnings
Escalade Inc., based in Wabash IN, released its third-quarter earnings report today. Net income rose 26% over the prior year's comparable quarter to $5,452,000. Year to date net income is 29% ahead of third-quarter 2004 net income. Net income is already greater than all of 2004.
Year to date net sales are 13% behind those of 2004.
Escalade is listed on NASDAQ under symbol ESCA.
The maker and distributor of sporting goods and office supplies is based in Wabash IN. Its Martin-Yale Division, a maker of office equipment, is based in Wabash. The larger operations of Escalade Sports are based in Evansville IN. The company is the leading manufacturer and distributor of billiard tables, table tennis tables and game tables. It also has a substantial presence in archery supplies, portable basketball goals and other sporting goods.
