GOLF Q1 2019 Earnings — Acushnet Holdings Corp. Revenue & Financial Results | Market Cap Arena

GOLFAcushnet Holdings Corp.

$6B

Q1 2019 Earnings

Consumer Cyclical Leisure

Income Statement

Revenue

$434M-1.8% YoY

Gross Profit

$222M51.2% margin

Operating Income

$52M12.0% margin

Net Income

$35M8.1% margin

EPS (Diluted)

$0.46

QoQ Revenue Growth

+26.3%

Cash Flow

Operating Cash Flow

-$90M

Free Cash Flow

-$96M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$1.9B

Total Liabilities

$931M

Stockholders' Equity

$913M

Cash & Equivalents

$45M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$434M	$442M	-1.8%
Gross Profit	$222M	$228M	-2.4%
Operating Income	$52M	$62M	-16.1%
Net Income	$35M	$41M	-15.8%

Revenue Segments

Titleist Golf Balls

$142M33%

Footjoy Golf Wear

$141M33%

Titleist Golf Clubs

$91M21%

Titleist Golf Gear

$45M10%

Other Segments

$15M3%

Geographic Segments

UNITED STATES

$230M53%

EMEA

$71M16%

KOREA, REPUBLIC OF

$49M11%

Rest Of World

$42M10%

JAPAN

$41M9%