Acushnet Earnings Reports

Acushnet Holdings Corp. reported Q4 2024 net sales of $445.2 million, representing a 7.8% increase year-over-year. The company also significantly reduced its net loss to $1.1 million, an improvement of $25.7 million compared to the prior-year period. Adjusted EBITDA improved to $12.4 million from a loss of $1.5 million in Q4 2023.

Acushnet Holdings Corp. reported a 4.6% increase in net sales to $620.5 million for the third quarter of 2024, with net income attributable to Acushnet Holdings Corp. decreasing 1.9% to $56.2 million. Adjusted EBITDA increased 8.7% to $107.4 million. The company reaffirmed its full-year revenue outlook and narrowed its Adjusted EBITDA outlook toward the high end of its guidance.

Acushnet Holdings Corp. announced its second quarter results with net sales of $683.9 million, a slight decrease of 0.8% year-over-year, but an increase of 0.6% in constant currency. Net income attributable to Acushnet Holdings Corp. was $71.4 million, down 4.4% year-over-year. The company reaffirmed its full-year 2024 outlook, expecting consolidated net sales of approximately $2,450 to $2,500 million and Adjusted EBITDA of approximately $385 to $405 million.

Acushnet Holdings Corp. reported a 3.1% year-over-year increase in net sales, reaching $707.6 million in the first quarter of 2024. Net income attributable to Acushnet Holdings Corp. decreased by 5.9% to $87.8 million, while Adjusted EBITDA increased by 4.7% to $153.7 million.

Acushnet Holdings Corp. reported a decrease in fourth quarter net sales by 7.7% year over year to $413.0 million and a net loss attributable to Acushnet Holdings Corp. of $26.8 million. The company increased its quarterly cash dividend by 10.3% to $0.215 per share and authorized repurchase of up to an additional $300.0 million of its common stock.

Acushnet Holdings Corp. reported a 6.3% increase in net sales to $593.4 million and a 14.2% increase in Adjusted EBITDA to $98.8 million for the third quarter of 2023. The company reaffirmed its full-year revenue outlook and narrowed its Adjusted EBITDA outlook toward the high end.

Acushnet Holdings Corp. reported a 4.7% increase in net sales to $689.4 million and a 24.0% increase in Adjusted EBITDA to $132.1 million for the second quarter of 2023. The company's performance was driven by strong sales in Titleist golf balls and golf clubs, with growth in the U.S. market offsetting declines in international regions. The company has raised its full-year 2023 net sales and Adjusted EBITDA outlook.

Acushnet Holdings Corp. reported a strong first quarter with net sales of $686.3 million, a 13.2% increase year-over-year, and net income attributable to Acushnet Holdings Corp. of $93.3 million, a 15.2% increase year-over-year. Adjusted EBITDA was $146.8 million, up 22.3% year over year.

Acushnet Holdings Corp. reported Q4 2022 financial results, with net sales up 6.4% year over year to $447.4 million. The company experienced a net loss of $0.1 million, an improvement of $26.3 million compared to 2021. Adjusted EBITDA was $25.4 million, up $30.4 million year over year. The company provided its full year 2023 Outlook, with expected net sales of $2.33 to $2.38 billion and Adjusted EBITDA of $345 to $365 million.

Acushnet Holdings Corp. announced strong third quarter results with net sales of $558.2 million, up 7.0% year over year, and net income attributable to Acushnet Holdings Corp. of $51.8 million, up 31.8% year over year. Adjusted EBITDA was $86.5 million, up 23.0% year over year.

Acushnet Holdings Corp. reported a 5.4% increase in net sales for the second quarter of 2022, reaching $658.6 million. Net income attributable to Acushnet Holdings Corp. decreased by 18.0% to $66.5 million, and Adjusted EBITDA decreased by 16.7% to $106.5 million. The company is raising its full year sales outlook, while maintaining its adjusted EBITDA guidance.

Acushnet Holdings Corp. reported first quarter net sales of $606.1 million, a 4.3% increase year over year, with net income of $81.0 million and Adjusted EBITDA of $120.0 million.

Acushnet Holdings Corp. reported full year net sales up 33.2% and fourth quarter net sales flat year over year. The company's fourth quarter net loss was $26.4 million, down 222.2% year over year, and Adjusted EBITDA loss of $5.0 million, down 110.4% year over year.

Acushnet Holdings Corp. reported a strong third quarter with net sales of $521.6 million, up 8.0% year over year and 25.0% compared to 2019. Net income attributable to Acushnet Holdings Corp. was $39.3 million, down $23.9 million year over year. The company is raising its full-year 2021 guidance and expanded its share repurchase program to $200 million.

Acushnet Holdings Corp. reported strong second-quarter financial results, driven by robust demand across all product categories. Net sales increased by 108.3% year over year to $624.9 million, and net income attributable to Acushnet Holdings Corp. increased to $81.1 million.

Acushnet Holdings Corp. reported a strong start to 2021, with net sales up 42% year-over-year to $580.9 million and net income attributable to Acushnet Holdings Corp. increasing by 855% to $85.0 million. Adjusted EBITDA also saw substantial growth, increasing by 156% to $135.3 million.

Acushnet Holdings Corp. reported a 14.2% increase in net sales for the fourth quarter of 2020, reaching $420.5 million. Net income attributable to Acushnet Holdings Corp. increased by 20.7% year over year to $21.6 million. Adjusted EBITDA increased by 8.1% year over year to $48.1 million.

Acushnet Holdings Corp. reported a strong third quarter with net sales of $482.9 million, a 15.7% increase year over year. Net income attributable to Acushnet Holdings Corp. was $63.2 million, up 112.1% year over year. The company saw increased sales in Titleist golf balls, FootJoy golf wear, and Titleist golf gear, driven by a significant increase in rounds of play and related demand for golf products.

Acushnet Holdings Corp. reported a decrease in net sales by 35.1% year-over-year to $300.0 million for the second quarter of 2020, primarily due to the impact of the COVID-19 pandemic. Net income attributable to Acushnet Holdings Corp. decreased by 94.0% year-over-year to $2.3 million. Adjusted EBITDA was $33.1 million, a decrease of 56.3% year-over-year.

Acushnet Holdings Corp. reported a decrease in net sales by 5.8% year over year to $408.7 million for the first quarter of 2020. Net income attributable to Acushnet Holdings Corp. was $8.9 million, a decrease of 74.5% year over year. Adjusted EBITDA was $52.8 million, down 17.8% year over year.

Acushnet Holdings Corp. reported a 7.3% increase in net sales and a 57.0% increase in net income for the fourth quarter of 2019, driven by successful product launches and growth across key segments.