secwatch.observer — SEC 8-K summary
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Issuer:     Acushnet Holdings Corp. (GOLF)
CIK:        0001672013
Form:       8-K
Filed at:   2024-05-07T23:59:59+00:00
Accession:  0001672013-24-000025
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1672013/000167201324000025/0001672013-24-000025-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1672013/000167201324000025/golf-20240507.htm
  HTML page:      https://secwatch.observer/filing/0001672013-24-000025

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