GOLF Q2 2019 Earnings — Acushnet Holdings Corp. Revenue & Financial Results | Market Cap Arena

GOLFAcushnet Holdings Corp.

$6B

Q2 2019 Earnings

Consumer Cyclical Leisure

Income Statement

Revenue

$462M-3.3% YoY

Gross Profit

$246M53.2% margin

Operating Income

$61M13.2% margin

Net Income

$38M8.3% margin

EPS (Diluted)

$0.51

QoQ Revenue Growth

+6.6%

Cash Flow

Operating Cash Flow

$130M

Free Cash Flow

$125M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$1.8B

Total Liabilities

$849M

Stockholders' Equity

$926M

Cash & Equivalents

$43M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$462M	$478M	-3.3%
Gross Profit	$246M	$251M	-1.9%
Operating Income	$61M	$65M	-5.3%
Net Income	$38M	$40M	-3.6%

Revenue Segments

Titleist Golf Balls

$173M37%

Footjoy Golf Wear

$114M25%

Titleist Golf Clubs

$107M23%

Titleist Golf Gear

$47M10%

Other Segments

$21M5%

Geographic Segments

UNITED STATES

$256M55%

KOREA, REPUBLIC OF

$60M13%

EMEA

$60M13%

Rest Of World

$47M10%

JAPAN

$39M8%