secwatch.observer — SEC 8-K summary
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Issuer:     Acushnet Holdings Corp. (GOLF)
CIK:        0001672013
Form:       8-K
Filed at:   2024-11-07T23:59:59+00:00
Accession:  0001672013-24-000054
Event type: earnings
Sentiment:  positive
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Acushnet Q3 net sales up 4.6% to $620.5M, Adj. EBITDA up 8.7%, narrows FY EBITDA guidance upward
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- Q3 net sales $620.5M (+4.6% YoY); net income $56.2M (-1.9%); Adj. EBITDA $107.4M (+8.7%).
- YTD net sales $2,011.9M (+2.2% YoY); Adj. EBITDA $392.1M (+3.8%).
- Titleist golf clubs led with +18.2% Q3 sales from new GT drivers; FootJoy golf wear down 2.6%.
- Quarterly dividend $0.215/share payable Dec 20; Q3 share repurchases of $70M (1.08M shares at avg $64.80).
- FY 2024 sales outlook reaffirmed $2,450-2,500M; Adj. EBITDA guidance narrowed to $395-405M (previously $385-405M).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1672013/000167201324000054/0001672013-24-000054-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1672013/000167201324000054/golf-20241107.htm
  HTML page:      https://secwatch.observer/filing/0001672013-24-000054

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