GOLF Q2 2021 Earnings — Acushnet Holdings Corp. Revenue & Financial Results | Market Cap Arena

GOLFAcushnet Holdings Corp.

$6B

Q2 2021 Earnings

Consumer Cyclical Leisure

Income Statement

Revenue

$625M+108.3% YoY

Gross Profit

$334M53.5% margin

Operating Income

$109M17.5% margin

Net Income

$81M13.0% margin

EPS (Diluted)

$1.08

QoQ Revenue Growth

+7.6%

Cash Flow

Operating Cash Flow

$182M

Free Cash Flow

$176M

Stock-Based Comp.

$8M

Balance Sheet

Total Assets

$2.1B

Total Liabilities

$905M

Stockholders' Equity

$1.1B

Cash & Equivalents

$251M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$625M	$300M	+108.3%
Gross Profit	$334M	$156M	+113.7%
Operating Income	$109M	$12M	+830.7%
Net Income	$81M	$2M	+3405.6%

Revenue Segments

Titleist Golf Balls

$202M35%

Footjoy Golf Wear

$165M28%

Titleist Golf Clubs

$153M26%

Titleist Golf Gear

$65M11%

Geographic Segments

UNITED STATES

$315M50%

EMEA

$97M16%

KOREA, REPUBLIC OF

$97M16%

Rest Of World

$70M11%

JAPAN

$46M7%