GOLF Q2 2020 Earnings — Acushnet Holdings Corp. Revenue & Financial Results | Market Cap Arena

GOLFAcushnet Holdings Corp.

$6B

Q2 2020 Earnings

Consumer Cyclical Leisure

Income Statement

Revenue

$300M-35.1% YoY

Gross Profit

$156M52.2% margin

Operating Income

$12M3.9% margin

Net Income

$2M0.8% margin

EPS (Diluted)

$0.03

QoQ Revenue Growth

-26.6%

Cash Flow

Operating Cash Flow

$72M

Free Cash Flow

$67M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$1.9B

Total Liabilities

$964M

Stockholders' Equity

$899M

Cash & Equivalents

$111M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$300M	$462M	-35.1%
Gross Profit	$156M	$246M	-36.4%
Operating Income	$12M	$61M	-80.8%
Net Income	$2M	$38M	-94.0%

Revenue Segments

Titleist Golf Balls

$102M37%

Titleist Golf Clubs

$72M26%

Footjoy Golf Wear

$68M25%

Titleist Golf Gear

$32M12%

Geographic Segments

UNITED STATES

$145M48%

KOREA, REPUBLIC OF

$66M22%

EMEA

$34M11%

Rest Of World

$33M11%

JAPAN

$22M7%