secwatch.observer — SEC 8-K summary
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Issuer:     Acushnet Holdings Corp. (GOLF)
CIK:        0001672013
Form:       8-K
Filed at:   2022-05-05T23:59:59+00:00
Accession:  0001672013-22-000024
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Acushnet Q1 net sales up 4.3% to $606.1M; adjusted EBITDA down 11.3% to $120.0M
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- Net sales $606.1M (+4.3% YoY, +7.6% constant currency); net income $81.0M (-4.7%).
- Adjusted EBITDA $120.0M (-11.3%); margin 19.8% vs 23.3% prior year.
- Segment: FootJoy golf wear +24.0%; Titleist golf gear -16.9%; Titleist balls -5.6%.
- Dividend $0.18/share payable June 17; share buyback authorization increased by $150M to $350M total.
- FY2022 outlook reaffirmed: net sales $2.175-2.225B, Adj. EBITDA $325-345M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1672013/000167201322000024/0001672013-22-000024-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1672013/000167201322000024/golf-20220505.htm
  HTML page:      https://secwatch.observer/filing/0001672013-22-000024

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer