secwatch.observer — SEC 8-K summary
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Issuer:     Acushnet Holdings Corp. (GOLF)
CIK:        0001672013
Form:       8-K
Filed at:   2023-05-04T23:59:59+00:00
Accession:  0001672013-23-000040
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1672013/000167201323000040/0001672013-23-000040-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1672013/000167201323000040/golf-20230504.htm
  HTML page:      https://secwatch.observer/filing/0001672013-23-000040

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