secwatch.observer — SEC 8-K summary
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Issuer:     Acushnet Holdings Corp. (GOLF)
CIK:        0001672013
Form:       8-K
Filed at:   2023-03-01T23:59:59+00:00
Accession:  0001672013-23-000006
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Acushnet FY2022 net sales $2.27B (+5.7% YoY); Q4 net loss narrows; dividend raised to $0.195; $250M buyback authorized
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- Full year net sales $2.27B (+5.7% YoY, +11.2% constant currency); net income $199.3M (+11.4% YoY); Adjusted EBITDA $338.4M (+3.1% YoY).
- Q4 net sales $447.4M (+6.4% YoY, +14.3% constant currency); net loss improved to $0.1M from $26.4M loss; Adjusted EBITDA $25.4M vs -$5.0M.
- Board declared increased quarterly cash dividend of $0.195/share, payable March 24, 2023 to holders of record March 10, 2023.
- Board authorized additional $250M share repurchase, bringing total authorization to $700M since 2018; repurchased 1.13M shares in Q4 for $51M.
- FY2023 outlook: net sales $2.325-2.375B, Adjusted EBITDA $345-365M, constant currency sales growth 5.0-7.2%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1672013/000167201323000006/0001672013-23-000006-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1672013/000167201323000006/golf-20230301.htm
  HTML page:      https://secwatch.observer/filing/0001672013-23-000006

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