earnings
confidence high
sentiment neutral
materiality 0.70
Acushnet Q1 net sales $703M, down 0.6% YoY; net income up 13% to $99M on $20.9M gain; Adj EBITDA down 9.6%
Acushnet Holdings Corp.
2025-Q1 EPS reported
$1.62
revenue$703,372,000
- Net sales $703.4M, down 0.6% YoY (+1.2% constant currency); Titleist golf equipment up 2.2% (3.8% constant currency).
- Net income $99.4M (+13.2% YoY) includes $20.9M non-cash gain from FootJoy golf shoe JV deconsolidation; income from operations lower.
- Adjusted EBITDA $138.9M, down 9.6% YoY; margin 19.7% vs 21.7% prior year.
- Declared $0.235 quarterly dividend payable June 20 to holders of record June 6.
- No update to full-year outlook due to macro uncertainty; repurchased 540,944 shares at $67.73 in quarter.