GOLF Q2 2024 Earnings — Acushnet Holdings Corp. Revenue & Financial Results | Market Cap Arena

GOLFAcushnet Holdings Corp.

$6B

Q2 2024 Earnings

Consumer Cyclical Leisure

Income Statement

Revenue

$684M-0.8% YoY

Gross Profit

$372M54.4% margin

Operating Income

$106M15.5% margin

Net Income

$71M10.4% margin

EPS (Diluted)

$1.11

QoQ Revenue Growth

-3.3%

Cash Flow

Operating Cash Flow

$212M

Free Cash Flow

$197M

Stock-Based Comp.

$8M

Balance Sheet

Total Assets

$2.3B

Total Liabilities

$1.4B

Stockholders' Equity

$864M

Cash & Equivalents

$80M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$684M	$689M	-0.8%
Gross Profit	$372M	$369M	+0.9%
Operating Income	$106M	$106M	-0.4%
Net Income	$71M	$75M	-4.3%

Revenue Segments

Titleist Golf Balls

$247M36%

Titleist Golf Clubs

$178M26%

Footjoy Golf Wear

$157M23%

Titleist Golf Gear

$69M10%

Other Operating Segment

$33M5%

Geographic Segments

UNITED STATES

$409M60%

EMEA

$87M13%

KOREA, REPUBLIC OF

$84M12%

Rest Of World

$75M11%

JAPAN

$30M4%