Acushnet Q1 net sales fall 0.6% to $703.4 million; Adjusted EBITDA down 9.6%
Acushnet reported first-quarter 2025 net sales of $703.4 million, down 0.6% year over year (up 1.2% in constant currency). Net income attributable to the company rose 13.2% to $99.4 million, but the filing says this was primarily due to a non-cash pre-tax gain of $20.9 million tied to the FootJoy golf shoe joint venture, while Adjusted EBITDA fell 9.6% to $138.9 million. The company is not updating its previously issued full-year 2025 outlook.
Key points
- Net sales were $703.4 million, down 0.6%, or up 1.2% on a constant currency basis.
- Net income attributable to Acushnet was $99.4 million, up 13.2%, including a $20.9 million non-cash pre-tax gain from the FootJoy joint venture deconsolidation.
- Adjusted EBITDA was $138.9 million, down 9.6%; Adjusted EBITDA margin was 19.7% versus 21.7% a year earlier.
- No update to the 2025 full-year outlook; a quarterly dividend of $0.235 per share is payable June 20, 2025.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:00 AM ET, from the text of the filing and its press-release exhibits 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 May 07, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.