GOLF Q1 2022 Earnings — Acushnet Holdings Corp. Revenue & Financial Results | Market Cap Arena

GOLFAcushnet Holdings Corp.

$6B

Q1 2022 Earnings

Consumer Cyclical Leisure

Income Statement

Revenue

$606M+4.3% YoY

Gross Profit

$317M52.3% margin

Operating Income

$105M17.4% margin

Net Income

$81M13.4% margin

EPS (Diluted)

$1.10

QoQ Revenue Growth

+44.1%

Cash Flow

Operating Cash Flow

-$164M

Free Cash Flow

-$176M

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$2.1B

Total Liabilities

$974M

Stockholders' Equity

$1.1B

Cash & Equivalents

$114M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$606M	$581M	+4.3%
Gross Profit	$317M	$311M	+2.0%
Operating Income	$105M	$120M	-12.2%
Net Income	$81M	$85M	-4.6%

Revenue Segments

Footjoy Golf Wear

$198M33%

Titleist Golf Balls

$164M27%

Titleist Golf Clubs

$161M27%

Titleist Golf Gear

$44M7%

Other Segments

$40M7%

Geographic Segments

UNITED STATES

$295M49%

EMEA

$112M19%

KOREA, REPUBLIC OF

$86M14%

Rest Of World

$67M11%

JAPAN

$46M8%