Acushnet Q1 net sales $707.6M (+3.1%), adj. EBITDA $153.7M (+4.7%)

Acushnet Holdings Corp.

2024-Q1 EPS reported $1.35 revenue$707,554,000

Net sales $707.6M, up 3.1% YoY (up 4.0% constant currency); net income $87.8M, down 5.9%.
Titleist golf balls +8.3%, clubs +12.8%, gear +1.8%; FootJoy golf wear -6.3%.
Quarterly dividend $0.215/share, payable June 21, record June 7; repurchased 547k shares at $64.51 avg.
FY2024 outlook reaffirmed: net sales $2,450-$2,500M, adj. EBITDA $385-$405M.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Acushnet Holdings Corp. reported the three months ended March 31, 2024 results: revenue $707.6 million, net income $87.8 million. Guidance reaffirmed.

Period: the three months ended March 31, 2024
Revenue: $707.6 million
Net income: $87.8 million
Guidance: reaffirmed
Result: reported results

Exact text from the filing

filing. --- EX-99.1 (EX-99.1) --- Acushnet Holdings Corp. Announces First Quarter 2024 Financial Results First Quarter 2024 Financial Results • First quarter net sales of $707.6 million, up 3.1% year over year, up 4.0% in constant currency • First quarter net income attributable to Acushnet Holdings Corp. of $87.8 million, down 5.9% year over year • First

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Acushnet Holdings Corp. filing history →

Source: SEC EDGAR

accession 0001672013-24-000025

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