secwatch.observer — SEC 8-K summary
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Issuer:     Acushnet Holdings Corp. (GOLF)
CIK:        0001672013
Form:       8-K
Filed at:   2022-08-04T23:59:59+00:00
Accession:  0001672013-22-000047
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Acushnet Q2 sales up 5.4% to $658.6M; raises FY sales outlook; net income down 18%
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- Q2 net sales $658.6M (+5.4% YoY, +10.6% constant currency); net income $66.5M (-18% YoY).
- Q2 Adj. EBITDA $106.5M (-16.7% YoY); margin 16.2% vs 20.4% prior year.
- FY2022 net sales guidance raised to $2.20-2.25B; Adj. EBITDA reaffirmed at $325-345M.
- Board increased share repurchase authorization by $100M to $450M total; $0.18 quarterly dividend declared.
- Q2 repurchased 950,225 shares for $39.1M; new agreement with Magnus (Fila) for up to $75M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1672013/000167201322000047/0001672013-22-000047-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1672013/000167201322000047/golf-20220804.htm
  HTML page:      https://secwatch.observer/filing/0001672013-22-000047

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