EVANSVILLE, Ind., Sept. 4,
2024 /PRNewswire/ -- Escalade, Incorporated (Nasdaq:
ESCA), a leading manufacturer and distributor of sporting goods and
indoor/outdoor recreational equipment, celebrated the
51st anniversary of its Nasdaq listing by ringing the
Nasdaq MarketSite Closing Bell on Friday,
August 23, 2024, in Times Square, New York. In honor of the occasion,
Walter P. Glazer, Jr., President
& CEO, rang the Closing Bell and was accompanied by Escalade's
board of directors, senior leadership team, business partners, and
spouses.
Escalade was formed in early 1973, through the reincorporation
of the Williams Manufacturing Company, founded in 1922, and
combinations with Indian Industries, founded in 1927, and Martin
Yale Industries, founded in 1940. Williams became public in 1971
with the initial Martin Yale
combination and traded its shares Over-The-Counter (OTC). Williams'
shareholders approved the reincorporation and the changing of its
name to Escalade, Incorporated, which became effective March 23, 1973. Escalade joined the recently
launched Nasdaq exchange that year, trading under the ticker symbol
ESCA.
"Escalade has traded on the Nasdaq for over 50 years and that
places our company in the top 1% for longevity on the Nasdaq. It
takes a special company to survive and thrive that long," said Mr.
Glazer. "We know it takes dedicated people to make any company a
success. It takes people with talent and drive, with knowledge and
street smarts, people who are self-starters and team players. All
these words describe the people of Escalade. But what is unique
about a company like Escalade that allows it to be successful for
over 100 years? Escalade has been through recession and depression,
natural disasters and wars, and a global pandemic." Glazer
continues, "In my mind, the uncommon attribute of Escalade is
embodied in the word Grit. This means a fierce determination and
ability to come together to overcome great obstacles. The insight
to find creative solutions, to see opportunities where others do
not, and to never lose sight of our mission and commitment to our
consumers."
Escalade employs 446 individuals across various locations in the
USA and China, each contributing their unique skills
and expertise to the company's operations. " I would like to
express my gratitude to each of our employees for their
contributions to Escalade's remarkable record of success over many
years, to their families who support them in the important work
they do every day, to our board of directors for their counsel and
guidance, to our shareholders for their faith and confidence in us,
and to our customers who trust us to provide great products that
promote healthy, active lifestyles," said Glazer
Escalade continues its ascent that began over fifty years ago
rooted in the spirit of innovation and perseverance that has
defined the company since its inception. The definition of
"Escalade" is to ascend and climb, which embodies the company's
philosophy of relentless progression and offers a glimpse of its
continued long-term trajectory. "50 years on the Nasdaq is
incredible, but we're not looking back, we are charging forward.
Here's to the next 50 years," concluded Glazer with unwavering
determination.
The Escalade Nasdaq Closing Bell Ceremony can be watched at:
https://cdn.jwplayer.com/previews/kl0MY89u
ABOUT ESCALADE
Founded in 1922, and headquartered in Evansville, Indiana, Escalade designs,
manufactures, and sells sporting goods, fitness, and indoor/outdoor
recreation equipment. Our mission is to connect family and friends
creating lasting memories. Leaders in our respective categories,
Escalade's brands include Brunswick Billiards®;
STIGA® table tennis; Accudart®; RAVE
Sports® water recreation; Victory Tailgate®
custom games; Onix® pickleball; Goalrilla™ basketball;
Lifeline® fitness; Woodplay® playsets; and
Bear® Archery. Escalade's products are available online
and at leading retailers nationwide. For more information about
Escalade's many brands, history, financials, and governance please
visit www.escaladeinc.com.
INVESTOR RELATIONS CONTACT
Patrick Griffin
Vice President - Corporate Development & Investor Relations
812-467-1358
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SOURCE Escalade, Incorporated