Acushnet Q3 net sales rise 4.6% to $620.5 million; full-year EBITDA outlook narrowed up
Acushnet reported third-quarter 2024 net sales of $620.5 million, up 4.6% year over year, and Adjusted EBITDA of $107.4 million, up 8.7%. Net income attributable to Acushnet was $56.2 million, down 1.9%, while diluted EPS rose to $0.89 from $0.85. The company reaffirmed its full-year net sales guidance and raised the low end of its full-year Adjusted EBITDA range, which now sits at $395 million to $405 million.
Key points
- Q3 net sales $620.5 million, up 4.6% (5.0% in constant currency), driven by Titleist golf clubs, which rose 18.2%
- Q3 net income attributable to Acushnet $56.2 million, down 1.9%; diluted EPS $0.89 vs. $0.85 a year earlier
- Full-year 2024 Adjusted EBITDA now expected at $395 million to $405 million, compared with $385 million to $405 million previously
- Full-year 2024 net sales guidance of $2,450 million to $2,500 million reaffirmed; quarterly dividend of $0.215 per share payable December 20, 2024
The filing
Written by AI on Nov 8, 2026, 1:00 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 07, 2024.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.