earnings
confidence high
sentiment neutral
materiality 0.70
Acushnet reports 33% full-year net sales growth; Q4 net loss of $26.4M; raises dividend
Acushnet Holdings Corp.
2021-FY EPS reported
$2.38
revenue$2,147,930,000
- Full year net sales $2,147.9M (+33.2% YoY); net income $178.9M (+86.4%).
- Q4 net sales $420.6M (flat YoY); net loss $26.4M vs income $21.6M prior year.
- Full year Adjusted EBITDA $328.3M (+40.8%); Q4 Adjusted EBITDA loss $5.0M.
- Quarterly dividend raised 9.1% to $0.18/share, payable March 25, 2022.
- 2022 outlook: net sales $2,175-2,225M; Adjusted EBITDA $325-345M.