Acushnet Q1 net sales rise 7.1% to $753.0 million; net income falls 18.1%
Acushnet reported first-quarter 2026 net sales of $753.0 million, up 7.1% year over year (4.8% in constant currency), and Adjusted EBITDA of $144.6 million, up 4.1%. Net income attributable to the company fell 18.1% to $81.4 million, mainly because the prior-year quarter included a $20.9 million non-cash pre-tax gain from deconsolidating its FootJoy golf shoe joint venture. The company reaffirmed its full-year 2026 outlook for net sales of $2,625 million to $2,675 million and Adjusted EBITDA of $415 million to $435 million.
Key points
- Q1 2026 net sales were $753.0 million, up from $703.4 million, led by Titleist golf equipment (up 8.9%) and Golf gear (up 10.8%); FootJoy golf wear rose 1.7%.
- Net income attributable to Acushnet Holdings Corp. was $81.4 million, or $1.36 per diluted share, versus $99.4 million, or $1.62 per diluted share, a year earlier.
- Full-year 2026 outlook reaffirmed: net sales of $2,625 million to $2,675 million and Adjusted EBITDA of $415 million to $435 million.
- Board declared a quarterly cash dividend of $0.255 per share, payable June 22, 2026 to holders of record on June 5, 2026.
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 May 06, 2026.
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.