earnings
confidence high
sentiment neutral
materiality 0.65
Acushnet Q1 net sales up 7.1% to $753M; net income down 18.1% on prior-year JV gain; outlook reaffirmed
Acushnet Holdings Corp.
2026-Q1 EPS reported
$1.36
revenue$752,975,000
- Net sales $753M, up 7.1% YoY (4.8% constant currency); net income $81.4M, down 18.1% due to $20.9M non-cash gain in Q1 2025 from FootJoy JV deconsolidation.
- Adjusted EBITDA $144.6M, up 4.1%; margin 19.2% vs 19.7% prior year period.
- Titleist golf equipment sales +8.9% (+7.1% cc); Golf gear +10.8% (+8.3% cc); FootJoy golf wear +1.7% (-1.3% cc) on lower footwear volumes.
- Quarterly dividend $0.255/share payable June 22, 2026 to record June 5; $10M share repurchased in Q1 at avg $94.12.
- Full-year 2026 outlook reaffirmed: net sales $2,625–2,675M, adjusted EBITDA $415–435M.