Acushnet Q2 2021 Earnings Report
Key Takeaways
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.
Second quarter net sales increased by 108.3% year over year, reaching $624.9 million.
Net income attributable to Acushnet Holdings Corp. was $81.1 million, a significant increase from the previous year.
Adjusted EBITDA for the second quarter was $127.8 million, up 286.1% year over year.
Company expects full-year consolidated net sales to be approximately $1,930 to $1,990 million.
Acushnet
Acushnet
Acushnet Revenue by Segment
Acushnet Revenue by Geographic Location
Forward Guidance
The Company expects full-year consolidated net sales to be approximately $1,930 to $1,990 million and Adjusted EBITDA to be approximately $285 to $305 million.
Revenue & Expenses
Visualization of income flow from segment revenue to net income