Acushnet reported second-quarter revenue of $820 million, beating analyst estimates of $785.9 million, while adjusted EPS of $2.19 surpassed the $1.67 consensus. The company slightly raised its full-year revenue guidance to $2.66 billion at the midpoint from $2.65 billion, and its EBITDA guidance of $460 million exceeded analyst estimates of $430.8 million. Management attributed the strong quarter to exceptional demand for Titleist Golf Equipment, particularly the early launch of the GTS line, and continued traction in premium FootJoy products. During the earnings call, analysts questioned the impact of the early GTS launch on quarterly results, the $38 million in tariff refunds, channel inventory levels, FootJoy margin trajectory, and material costs and capacity expansion. The stock traded at $89.13, down from $103.15 just before the earnings.
Acushnet Holdings CorpStock fell despite earnings beat and guidance raise, on growth concerns.
