secwatch.observer — SEC 8-K summary
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Issuer:     Acushnet Holdings Corp. (GOLF)
CIK:        0001672013
Form:       8-K
Filed at:   2023-08-03T23:59:59+00:00
Accession:  0001672013-23-000060
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Q2 net sales +4.7% to $689.4M, adj EBITDA +24% to $132.1M, guidance raised
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- Q2 net sales $689.4M (+4.7% YoY, +6.4% constant currency); net income $74.7M (+12.3% YoY).
- Q2 Adjusted EBITDA $132.1M (+24% YoY); margin 19.2% vs 16.2% prior year.
- Titleist golf ball sales +18% (+19.8% cc); golf clubs +14.5% (+16.3% cc).
- Dividend $0.195/share payable Sept 15 to holders of record Sept 1; open-market repurchased 482,500 shares for $24M.
- FY 2023 guidance raised: net sales now $2.35-2.4B (prev $2.325-2.375B), Adj EBITDA $355-375M (prev $345-365M).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1672013/000167201323000060/0001672013-23-000060-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1672013/000167201323000060/golf-20230803.htm
  HTML page:      https://secwatch.observer/filing/0001672013-23-000060

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