May. 7 at 11:17 AM
$GOLF Acushnet Holdings reports Q1 EPS
$1.62, consensus
$1.36
Reports Q1 revenue
$703.4M, consensus
$697.68M. "2025 is off to a good start with constant currency sales growth driven by the positive responses to new Pro V1 and Pro V1x golf balls and continued momentum in Titleist golf clubs led by our lineup of new GT drivers, fairways and hybrids. We successfully launched new Scotty Cameron Studio Style putters and FootJoy HyperFlex golf shoes in the quarter and are confident that our brands are well positioned in golf shops around the globe as we enter peak season." said CEO David Maher.
"The golf industry remains structurally healthy, with the number of participants growing and rounds of play resilient despite poor weather which impacted the U.S. and Asia in the first quarter. With regard to the evolving tariff landscape, we are leveraging Acushnet's durable and regionally diverse supply chain and manufacturing capabilities to best position the company to deliver leading products and services. Special thanks to the Acushnet team for their dedication and remaining focused on our core consumers and trade partners as we invest in our future for the benefit of all stakeholders."
