GOLF Q1 2020 Earnings — Acushnet Holdings Corp. Revenue & Financial Results | Market Cap Arena

GOLFAcushnet Holdings Corp.

$6B

Q1 2020 Earnings

Consumer Cyclical Leisure

Income Statement

Revenue

$409M-5.8% YoY

Gross Profit

$201M49.2% margin

Operating Income

$21M5.2% margin

Net Income

$9M2.2% margin

EPS (Diluted)

$0.12

QoQ Revenue Growth

+11.0%

Cash Flow

Operating Cash Flow

-$73M

Free Cash Flow

-$78M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$1.9B

Total Liabilities

$969M

Stockholders' Equity

$886M

Cash & Equivalents

$56M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$409M	$434M	-5.8%
Gross Profit	$201M	$222M	-9.5%
Operating Income	$21M	$52M	-59.0%
Net Income	$9M	$35M	-74.6%

Revenue Segments

Footjoy Golf Wear

$130M34%

Titleist Golf Balls

$116M30%

Titleist Golf Clubs

$93M24%

Titleist Golf Gear

$44M11%

Geographic Segments

UNITED STATES

$211M52%

EMEA

$75M18%

KOREA, REPUBLIC OF

$50M12%

JAPAN

$38M9%

Rest Of World

$35M9%