ESCA - Escalade GAAP EPS of $0.20 misses by $0.02 revenue of $72.1M beats by $0.86M
- Escalade press release ( NASDAQ: ESCA ): Q4 GAAP EPS of $0.20 misses by $0.02 .
- Revenue of $72.1M (-1.8% Y/Y) beats by $0.86M .
- "We expect conditions in the first half of 2023 to be challenging as we work through high-cost inventory, manage through continued excess inventory levels in the channel, respond to a cautionary outlook from retailers and adjust to softer consumer demand. The first quarter 2023 will be a particularly difficult comparison as we go up against an unusually strong prior-year period. As we noted last year, our first quarter 2022 benefited from favorable mix and sales pulled forward from the second quarter 2022,"
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Escalade GAAP EPS of $0.20 misses by $0.02, revenue of $72.1M beats by $0.86M