GOLF Q2 2017 Earnings — Acushnet Holdings Corp. Revenue & Financial Results | Market Cap Arena

GOLFAcushnet Holdings Corp.

$6B

Q2 2017 Earnings

Consumer Cyclical Leisure

Income Statement

Revenue

$428M-7.6% YoY

Gross Profit

$223M52.1% margin

Operating Income

$57M13.4% margin

Net Income

$33M7.7% margin

EPS (Diluted)

$0.44

QoQ Revenue Growth

-1.3%

Cash Flow

Operating Cash Flow

$134M

Free Cash Flow

$128M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$1.8B

Total Liabilities

$922M

Stockholders' Equity

$798M

Cash & Equivalents

$81M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$428M	$463M	-7.6%
Gross Profit	$223M	$238M	-6.3%
Operating Income	$57M	$66M	-13.6%
Net Income	$33M	$27M	+22.0%

Revenue Segments

Titleist Golf Balls

$155M36%

Footjoy Golf Wear

$112M26%

Titleist Golf Clubs

$93M22%

Titleist Golf Gear

$47M11%

All Other Segments

$20M5%