Earnings ·
Acushnet reports Q3 net sales of $649.2M, declares $0.255 quarterly dividend
GOLFAcushnet Holdings Corp.
Acushnet Holdings Corp. reported third-quarter net sales of $649.2 million, a 1.3% decline year over year, driven by lower FootJoy golf wear and Golf gear volumes offset by Titleist equipment strength. Net income attributable to the company rose 1.4% to $49.2 million, while Adjusted EBITDA fell 3.3% to $114.7 million. The Board declared a quarterly cash dividend of $0.255 per share, payable December 18, 2026, to shareholders of record on December 4, 2026. Additionally, the company repurchased approximately $55.4 million in shares during the quarter and reaffirmed its full-year revenue guidance.