---
schema_version: "secwatch.filing_event.v1"
accession: "0001672013-23-000040"
form_type: "8-K"
ticker: "GOLF"
cik: "0001672013"
company_name: "Acushnet Holdings Corp."
filed_at: "2023-05-04T23:59:59+00:00"
generated_at: "2026-06-15T22:18:04.030133+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Acushnet Q1 net sales $686.3M (+13.2% YoY); net income $93.3M, Adjusted EBITDA $146.8M

## Summary
- Q1 net sales of $686.3M, up 13.2% YoY (17.2% constant currency); net income $93.3M, up 15.2%.
- Adjusted EBITDA $146.8M, up 22.3% YoY; margin improved to 21.4% from 19.8%.
- Titleist golf balls +17.2%, clubs +12.4%, gear +51.9%; FootJoy +3.9%.
- Board declared $0.195/share quarterly dividend, payable June 16, record June 2.
- FY 2023 outlook affirmed: net sales $2.325B-$2.375B, Adjusted EBITDA $345M-$365M.

## SEC filing metadata
- accession: 0001672013-23-000040
- form_type: 8-K
- ticker: GOLF
- cik: 0001672013
- company_name: Acushnet Holdings Corp.
- filed_at: 2023-05-04T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1672013/000167201323000040/0001672013-23-000040-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1672013/000167201323000040/golf-20230504.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001672013-23-000040
- JSON: https://secwatch.observer/filing/0001672013-23-000040.json
- Plain text: https://secwatch.observer/filing/0001672013-23-000040.txt

## Key facts
- Earnings Releases
  Acushnet Holdings Corp. reported first quarter ended March 31, 2023 results: revenue $686.3 million, net income Net income attributable to Acushnet Holdings Corp. of $93.3 million. Guidance reaffirmed.
  - Period: first quarter ended March 31, 2023
  - Revenue: $686.3 million
  - Net income: Net income attributable to Acushnet Holdings Corp. of $93.3 million
  - Guidance: reaffirmed
  - Result: reported results
  source text: filing. --- EX-99.1 (EX-99.1) --- Acushnet Holdings Corp. Announces First Quarter 2023 Financial Results First Quarter 2023 Financial Results • First quarter net sales of $686.3 million, up 13.2% year over year, up 17.2% in constant currency • First quarter net income attributable to Acushnet Holdings Corp. of $93.3 million, up 15.2% year over year • First
  evidence_url: https://www.sec.gov/Archives/edgar/data/1672013/000167201323000040/0001672013-23-000040-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.