GOLF Q3 2020 Earnings — Acushnet Holdings Corp. Revenue & Financial Results | Market Cap Arena

GOLFAcushnet Holdings Corp.

$6B

Q3 2020 Earnings

Consumer Cyclical Leisure

Income Statement

Revenue

$483M+15.8% YoY

Gross Profit

$252M52.2% margin

Operating Income

$85M17.6% margin

Net Income

$63M13.1% margin

EPS (Diluted)

$0.84

QoQ Revenue Growth

+61.0%

Cash Flow

Operating Cash Flow

$168M

Free Cash Flow

$163M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$1.8B

Total Liabilities

$846M

Stockholders' Equity

$962M

Cash & Equivalents

$111M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$483M	$417M	+15.8%
Gross Profit	$252M	$217M	+16.0%
Operating Income	$85M	$44M	+94.9%
Net Income	$63M	$30M	+112.2%

Revenue Segments

Titleist Golf Balls

$170M38%

Titleist Golf Clubs

$121M27%

Footjoy Golf Wear

$116M26%

Titleist Golf Gear

$44M10%

Geographic Segments

UNITED STATES

$271M56%

EMEA

$65M14%

KOREA, REPUBLIC OF

$61M13%

Rest Of World

$42M9%

JAPAN

$42M9%