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EVANSVILLE/PROVIDENCE - Escalade, Inc. (NASDAQ:ESCA), a sporting goods manufacturer with a market capitalization of $177 million and strong financial health according to InvestingPro analysis, announced today it has acquired the Gold Tip business from Revelyst Inc., adding carbon arrows and bow stabilizers to its archery portfolio.
Gold Tip, founded in 1989, manufactures products for target archery and bow and crossbow hunting, including carbon arrows and the Bee Stinger line of bow stabilizers.
The acquisition expands Escalade’s presence in the archery market, complementing its existing brands Bear Archery, Trophy Ridge, and Cajun Bowfishing.
"We have been committed to archery for generations and a proud steward of Fred Bear’s incredible legacy for over 20 years," said Escalade CEO Armin Boehm. "Adding Gold Tip and Bee Stinger to our archery family will further strengthen our market position."
Eric Nyman, CEO of Revelyst, stated the sale allows his company to "further concentrate our focus on our key categories and brands while accelerating our investments in sports technology and gear."
Gold Tip and Bee Stinger will join Escalade’s archery portfolio under the leadership of Jon Lené, President of Bear Archery.
Escalade, founded in 1922 and headquartered in Evansville, Indiana, designs and manufactures sporting goods and recreation equipment across multiple categories including basketball, tennis, billiards, darting, pickleball, fitness, and water recreation products.
Revelyst Inc. is a collective of brands that design and manufacture sports technology and outdoor gear, with portfolio brands including Foresight Sports, Bushnell Golf, Fox, Bell, Giro, CamelBak, and Simms Fishing.
Financial terms of the acquisition were not disclosed in the press release statement. Escalade currently trades at a P/E ratio of 13.8 and offers a dividend yield of 4.68%, having maintained dividend payments for 16 consecutive years. According to InvestingPro analysis, the stock appears undervalued based on its Fair Value assessment. Investors can access the complete financial analysis and 7 additional ProTips through the detailed Pro Research Report, available exclusively to InvestingPro subscribers.
In other recent news, Escalade Inc. reported its Q2 2025 earnings, which fell short of expectations. The company’s earnings per share (EPS) were $0.13, missing the anticipated $0.23. Revenue also underperformed, coming in at $54.3 million compared to the expected $60.03 million. Despite these results, Aegis Capital has reiterated its Buy rating on Escalade stock, maintaining a $20 price target. The research firm highlighted Escalade’s strong brand names and established retailer relationships as key advantages. These recent developments reflect the company’s current position in the recreational products sector amidst soft consumer demand. The analyst’s continued positive outlook suggests confidence in Escalade’s strategic positioning.
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