---
schema_version: "secwatch.filing_event.v1"
accession: "0001672013-24-000006"
form_type: "8-K"
ticker: "GOLF"
cik: "0001672013"
company_name: "Acushnet Holdings Corp."
filed_at: "2024-02-29T23:59:59+00:00"
generated_at: "2026-06-05T06:51:40.285112+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Acushnet FY2023 net sales +4.9% to $2.38B; Adj EBITDA +11.1%; raises dividend 10.3%

## Summary
- Full year net sales $2.382B, up 4.9% (6.2% constant currency); Adjusted EBITDA $376.1M, up 11.1%.
- Q4 net sales $413M, down 7.7% (8.6% constant currency); net loss $26.8M vs $0.1M loss year ago.
- Quarterly dividend increased 10.3% to $0.215/share; Board authorized $300M additional share repurchase.
- 2024 outlook: net sales $2.45-2.50B, Adjusted EBITDA $385-405M; constant currency growth 3.2-5.3%.
- Titleist golf balls led growth (Pro V1 launch); FootJoy footwear sales declined partially offset by apparel.

## SEC filing metadata
- accession: 0001672013-24-000006
- form_type: 8-K
- ticker: GOLF
- cik: 0001672013
- company_name: Acushnet Holdings Corp.
- filed_at: 2024-02-29T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1672013/000167201324000006/0001672013-24-000006-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1672013/000167201324000006/golf-20240229.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001672013-24-000006
- JSON: https://secwatch.observer/filing/0001672013-24-000006.json
- Plain text: https://secwatch.observer/filing/0001672013-24-000006.txt

## Key facts
- Earnings Releases
  Acushnet Holdings Corp. reported fourth quarter ended December 31, 2023 results: revenue $413.0 million, net income $26.8 million loss.
  - Period: fourth quarter ended December 31, 2023
  - Revenue: $413.0 million
  - Net income: $26.8 million loss
  - Result: reported results
  source text: • Fourth quarter net sales of $413.0 million, down 7.7% year over year, down 8.6% in constant currency • Fourth quarter net loss attributable to Acushnet Holdings Corp. of $26.8 million, down $26.7 million year over year • Fourth quarter Adjusted EBITDA loss of $1.5 million, down $26.9 million year over year
  evidence_url: https://www.sec.gov/Archives/edgar/data/1672013/000167201324000006/0001672013-24-000006-index.htm
- Earnings Releases
  Acushnet Holdings Corp. reported full year ended December 31, 2023 results: revenue $2.4 billion, net income $198.4 million.
  - Period: full year ended December 31, 2023
  - Revenue: $2.4 billion
  - Net income: $198.4 million
  - Result: reported results
  source text: • Full year net sales of $2.4 billion, up 4.9% year over year, up 6.2% in constant currency • Full year net income attributable to Acushnet Holdings Corp. of $198.4 million, down $0.9 million year over year • Full year Adjusted EBITDA of $376.1 million, up $37.7 million, or 11.1%, year over year
  evidence_url: https://www.sec.gov/Archives/edgar/data/1672013/000167201324000006/0001672013-24-000006-index.htm
- Earnings Releases
  Acushnet Holdings Corp. reported full year 2024 results: revenue $2.45 to $2.50 billion. Guidance initiated.
  - Period: full year 2024
  - Revenue: $2.45 to $2.50 billion
  - Guidance: initiated
  - Result: guidance update
  source text: • The Company provided its full year 2024 Outlook, with expected net sales of $2.45 to $2.50 billion and Adjusted EBITDA of $385 to $405 million.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1672013/000167201324000006/0001672013-24-000006-index.htm

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