Escalade Inc., known as Escalade Sports, is a sporting goods manufacturer, distributor, and retailer based in
Evansville, Indiana
Evansville is a city in, and the county seat of, Vanderburgh County, Indiana, United States. The population was 118,414 at the 2020 census, making it the state's third-most populous city after Indianapolis and Fort Wayne, the largest city in ...
. It trades on
NASDAQ
The Nasdaq Stock Market () (National Association of Securities Dealers Automated Quotations Stock Market) is an American stock exchange based in New York City. It is the most active stock trading venue in the US by volume, and ranked second ...
as ESCA.
History
In November 2019, CEO
David L. Fetherman announced his intent to retire, but would stay on until a successor was chosen. In March 2020, Escalade announced a new CEO,
Scott J. Sincerbeaux, formerly an executive at
Wolverine World Wide.
During the
COVID-19 pandemic
The COVID-19 pandemic, also known as the coronavirus pandemic, is an ongoing global pandemic of coronavirus disease 2019 (COVID-19) caused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2). The novel virus was first identif ...
, Escalade received $5.6 million in federally backed small business loans as part of the
Paycheck Protection Program. The company received scrutiny over this loan, which was aimed at small businesses. The company has access to a $50 million
line of credit, has said they have a "strong balance sheet", and have seen increased demand for their products. Escalade paid the entire $5.6 million back on April 28, 2020, two days after the
New York Times
''The New York Times'' (''the Times'', ''NYT'', or the Gray Lady) is a daily newspaper based in New York City with a worldwide readership reported in 2020 to comprise a declining 840,000 paid print subscribers, and a growing 6 million paid d ...
article.
In October 2020, Escalade acquired American Heritage Billiards for $1.55 million.
In 2022,
Life Fitness
Life Fitness is an American fitness company specializing in the production and distribution of cardiovascular and strength training equipment under several brands including Life Fitness, Cybex and Hammer Strength. It is headquartered in Franklin ...
agreed to sell its
Brunswick Billiards
Brunswick Bowling & Billiards was the business segment of Brunswick Corporation that historically encompassed the following three divisions:
* #Billiards, Billiards was the company's original product line. The segment expanded to include other tabl ...
business unit to Escalade for $32 million.
Notable brands
Escalade owns or distributes the following notable brands:
* Accudart (and a stake in
Winmau
Winmau, pronounced "win more", is a Welsh manufacturer of dartboards, other darts equipment and title sponsor of the oldest darts tournament still running, the Winmau World Masters.
Founded in 1945, Winmau was acquired by rival dartboard manufac ...
)
*
Stiga Sports
*
Ping-Pong
*
Prince Sports (aka 'prince')
* Bear Archery, also including the following brands:
** Cajun Bowfishing
** SIK – broadheads
** Trophy Ridge – bow accessories
Subsidiaries
* Escalade Sports
* Indian Industries, Inc.
*
Bear Archery, Inc.
* EIM Company, Inc.
* Escalade Insurance, Inc.
* Escalade Sports Playground, Inc.
* Harvard Sports, Inc.
* SOP Services, Inc.
* US Weight, Inc.
* Wedcor Holdings, Inc.
* Goalsetter Systems, Inc.
* Lifeline Products, LLC
* Victory Made, LLC
* Victory Tailgate, LLC
References
External links
* {{official, escaladeinc.com
Sporting goods manufacturers of the United States