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Dec 31, 2024
Acushnet Q4 2024 Earnings Report
Acushnet reported a revenue increase and reduced net loss in Q4 2024.
Key Takeaways
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.
Q4 2024 net sales increased 7.8% to $445.2 million.
Net loss reduced to $1.1 million from $26.8 million in Q4 2023.
Adjusted EBITDA improved to $12.4 million from a loss of $1.5 million.
Revenue growth was driven by higher sales volumes in Titleist golf equipment and Golf gear.
Revenue by Segment
Revenue by Geographic Location
Forward Guidance
Acushnet expects continued growth in 2025, with projected net sales of $2.485 to $2.535 billion and Adjusted EBITDA of $405 to $420 million.
Positive Outlook
- New Titleist Pro V1 and Pro V1x launch in 2025.
- Record rounds of golf played in the U.S. in 2024.
- Expanding product lineup across all segments.
- Continued strategic investments in operations and service capabilities.
- Planned share repurchase of up to $250 million.
Challenges Ahead
- Foreign currency fluctuations may impact revenues.
- Potential supply chain disruptions.
- Increased competition in the golf equipment market.
- Rising operating expenses could pressure margins.
- Macroeconomic uncertainty affecting consumer spending.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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