WASHINGTON, DC 20549

                                    FORM 8-K

                             CURRENT REPORT PURSUANT
                          TO SECTION 13 OR 15(D) OF THE
                         SECURITIES EXCHANGE ACT OF 1934

     Date of report (Date of earliest event reported)      February 17, 2006

                              ESCALADE, INCORPRATED
             (Exact Name of Registrant as Specified in Its Charter)

                 (State or Other Jurisdiction of Incorporation)

                 0-6996                              13-2739290
        (Commission File Number)         (IRS Employer Identification No.)

         251 Wedcor Avenue, Wabash, Indiana 46992               46992
         (Address of Principal Executive Offices)            (Zip Code)

                                 (260) 569-7208
              (Registrant's Telephone Number, Including Area Code)

          (Former Name or Former Address, if Changed Since Last Report)

     Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):

     [ ] Written communications pursuant to Rule 425 under the Securities Act
         (17 CFR 230.425)

     [ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17
         CFR 240.14a-12)

     [ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
         Exchange Act (17 CFR 240.14d-2(b))

     [ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
         Exchange Act (17 CFR 240.13e-4(c))

Section 2 - Financial Information

Item 2.02   Results of Operations and Financial Condition.

         On February 17, 2006, Escalade, Incorporated ("Escalade") issued the
press release attached hereto as Exhibit 99.1 announcing financial information
regarding Escalade's completed fourth quarter of fiscal 2005. The information
hereunder shall not be deemed to be "filed" for the purposes of Section 18 of
the Securities Exchange Act of 1934 (the "Exchange Act") or otherwise subject to
the liabilities of that section, nor shall it be incorporated by reference into
a filing under the Securities Act of 1933 or the Exchange Act, except as shall
be expressly set forth by specific reference in such a filing.

Section 8 - Other Events

Item 8.01   Other Events.

            On February 17, 2006, C. W. Reed, President and CEO of Escalade,
Incorporated ("Escalade") entered into a Rule 10b5-1 Sales Plan to sell Escalade
stock on the open market. Under Rule 10b5-1, directors, officers and other
persons who are not in possession of material non-public information may adopt a
pre-arranged plan or contract for the sale of company securities under specified
conditions and at specified times. As sales are executed in the future under
these Plans, they will be reported in accordance with federal securities laws.
Escalade does not undertake to report Rule 10b5-1 plans that may be adopted by
any of its executive officers, directors or employees in the future, or to
report any modifications or termination of any publicly announced plan, except
to the extent required by law.

Section 9 - Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits

         (c)      Exhibits

              NUMBER         DESCRIPTION
               99.1          Press release dated February 17, 2006


         Pursuant to the requirements of the Securities Act of 1934, Escalade,
Incorporated has duly caused this report to be signed on its behalf in Wabash,
Indiana by the undersigned hereunto duly authorized.

Date:  February 17, 2006          ESCALADE, INCORPORATED

                                  By: /s/ TERRY D. FRANDSEN
                                      Vice President and Chief Financial Officer