GOLF Q1 2021 Earnings — Acushnet Holdings Corp. Revenue & Financial Results | Market Cap Arena

GOLFAcushnet Holdings Corp.

$6B

Q1 2021 Earnings

Consumer Cyclical Leisure

Income Statement

Revenue

$581M+42.1% YoY

Gross Profit

$311M53.5% margin

Operating Income

$120M20.7% margin

Net Income

$85M14.6% margin

EPS (Diluted)

$1.13

QoQ Revenue Growth

+38.1%

Cash Flow

Operating Cash Flow

-$30M

Free Cash Flow

-$36M

Stock-Based Comp.

$6M

Balance Sheet

Total Assets

$2.0B

Total Liabilities

$883M

Stockholders' Equity

$1.1B

Cash & Equivalents

$113M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$581M	$409M	+42.1%
Gross Profit	$311M	$201M	+54.6%
Operating Income	$120M	$21M	+460.3%
Net Income	$85M	$9M	+857.1%

Revenue Segments

Titleist Golf Balls

$174M32%

Footjoy Golf Wear

$159M29%

Titleist Golf Clubs

$156M29%

Titleist Golf Gear

$53M10%

Geographic Segments

UNITED STATES

$309M53%

EMEA

$81M14%

KOREA, REPUBLIC OF

$79M14%

JAPAN

$56M10%

Rest Of World

$56M10%