Escalade, Incorporated Celebrates 51 Years on Nasdaq Exchange

Escalade, Incorporated Rings Nasdaq Closing Bell

Escalade, Incorporated (NASDAQ: ESCA), a prominent manufacturer renowned for its sporting goods and recreational equipment, celebrated a significant milestone—the 51st anniversary of its listing on the Nasdaq exchange. This remarkable occasion was marked by ringing the Nasdaq MarketSite Closing Bell in Times Square. Walter P. Glazer, Jr., the company's President and CEO, led the celebration alongside board members, senior leaders, business partners, and their families.

A Legacy Built on Strong Foundations

Founded in 1922, Escalade has a rich history that began with the Williams Manufacturing Company. It transitioned into Escalade in 1973 after merging with Indian Industries and Martin Yale Industries. The company went public in 1971 and joined the Nasdaq exchange the following year under the ticker symbol ESCA. This deep-rooted history reflects a journey of resilience and growth, with Escalade adapting and thriving in a constantly changing market.

The Importance of Longevity

Mr. Glazer expressed the significance of Escalade's prolonged presence on the Nasdaq, stating, "Escalade has traded on the Nasdaq for over 50 years. This accomplishment places our company in the top 1% for longevity on this esteemed exchange." He emphasized the vital role that dedicated and talented individuals play in establishing a successful company. This foundation of commitment and effort has allowed Escalade to withstand difficult economic conditions, including recessions, natural disasters, and even global pandemics.

The Essence of Teamwork and Grit

According to Mr. Glazer, the essence of Escalade's success lies in the grit and determination of its employees. This fierce resolve and ability to unite in the face of challenges help the company to overcome obstacles and seize opportunities for success. He recognized the unique culture within Escalade, which champions creativity and innovation in product development.

Employee Satisfaction and Gratitude

With a dedicated workforce of 446 employees based in the USA and China, Escalade prides itself on its team-oriented culture. Mr. Glazer publicly expressed his gratitude for their efforts, as well as the support from families, board members, shareholders, and customers. This sense of community contributes to the company’s enduring legacy in the sporting goods industry.

Looking Towards the Future

Escalade is not resting on its laurels. The company continues to innovate and expand, embracing the future while remaining committed to its core mission: connecting families and friends through memorable experiences. Mr. Glazer reaffirmed this vision, stating, "While 50 years on the Nasdaq is a fantastic feat, we are not looking back. We are charging ahead into the future." Escalade's philosophy of relentless progression motivates its continued growth.

About Escalade

Headquartered in Evansville, Indiana, Escalade designs, manufactures, and sells a wide range of sporting goods and recreational equipment. Brands under its umbrella include Brunswick Billiards, STIGA table tennis, Accudart, RAVE Sports, Victory Tailgate, Onix pickleball, Goalrilla basketball, Lifeline fitness, Woodplay playsets, and Bear Archery. The company’s extensive product lineup is available both online and at leading retailers across the nation.

Frequently Asked Questions

What is the significance of Escalade's 51st anniversary on Nasdaq?

It marks Escalade's enduring presence and stability in the market, showcasing its resilience and dedication over five decades.

Who rang the Nasdaq Closing Bell for Escalade?

Walter P. Glazer, Jr., the President and CEO of Escalade, rang the bell accompanied by the board and staff.

How many employees does Escalade have?

Escalade employs 446 individuals working collectively in the USA and China.

What industries does Escalade operate in?

Escalade manufactures and distributes sporting goods, fitness equipment, and indoor/outdoor recreational products.

What is Escalade's mission statement?

Escalade aims to connect family and friends, creating lasting memories through its products and services.

About The Author

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