Acushnet Q2 net sales $624.9M (+108% YoY); FY outlook $1.93-1.99B, EBITDA $285-305M

Acushnet Holdings Corp.

2021-Q2 EPS reported $2.21 revenue$1,205,735,000

Q2 net sales $624.9M (+108.3% YoY); net income $81.1M vs $2.3M; Adj. EBITDA $127.8M (+286.1%).
H1 net sales $1,205.7M (+70.1% YoY); net income $166.0M vs $11.2M; Adj. EBITDA $263.0M (+206.2%).
FY2021 outlook: net sales $1.93-1.99B, Adj. EBITDA $285-305M; constant currency sales growth 16.8%-20.6%.
Dividend $0.165/share payable Sept 17; record Sept 3; repurchased 88,500 shares at avg $49.51 in Q2.

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