GOLF Q3 2019 Earnings — Acushnet Holdings Corp. Revenue & Financial Results | Market Cap Arena

GOLFAcushnet Holdings Corp.

$6B

Q3 2019 Earnings

Consumer Cyclical Leisure

Income Statement

Revenue

$417M+12.6% YoY

Gross Profit

$217M52.1% margin

Operating Income

$44M10.5% margin

Net Income

$30M7.1% margin

EPS (Diluted)

$0.39

QoQ Revenue Growth

-9.7%

Cash Flow

Operating Cash Flow

$55M

Free Cash Flow

$47M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$1.8B

Total Liabilities

$853M

Stockholders' Equity

$937M

Cash & Equivalents

$54M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$417M	$370M	+12.6%
Gross Profit	$217M	$189M	+15.0%
Operating Income	$44M	$26M	+69.0%
Net Income	$30M	$7M	+321.9%

Revenue Segments

Titleist Golf Clubs

$127M30%

Titleist Golf Balls

$121M29%

Footjoy Golf Wear

$103M25%

Titleist Golf Gear

$35M8%

Other Segments

$32M8%

Geographic Segments

UNITED STATES

$216M52%

KOREA, REPUBLIC OF

$56M13%

EMEA

$56M13%

JAPAN

$55M13%

Rest Of World

$35M8%