Acushnet Q4 2020 Earnings Report
Key Takeaways
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.
Net sales increased by 14.2% year over year, or 11.9% on a constant currency basis.
Net income attributable to Acushnet Holdings Corp. increased by 20.7% year over year.
Adjusted EBITDA increased by 8.1% year over year.
Increased quarterly cash dividend by 6.5% to $0.165 per share.
Acushnet
Acushnet
Acushnet Revenue by Segment
Acushnet Revenue by Geographic Location
Forward Guidance
The full impact of the COVID-19 pandemic continues to be uncertain and Acushnet will not provide fiscal 2021 guidance at this time.
Revenue & Expenses
Visualization of income flow from segment revenue to net income