Escalade, Inc., a leading sporting goods and recreational equipment manufacturer, reported a solid third quarter 2024, with net income reaching $5.7 million despite a 7.7% decline in net sales compared to the previous year. The company attributed the sales dip to soft consumer demand and inventory destocking across most categories, partially offset by growth in archery, safety, and basketball segments. Escalade remains optimistic about its future, highlighting its strong brand portfolio and ongoing cost rationalization efforts as key drivers for long-term growth.
