GOLF Q3 2021 Earnings — Acushnet Holdings Corp. Revenue & Financial Results | Market Cap Arena

GOLFAcushnet Holdings Corp.

$6B

Q3 2021 Earnings

Consumer Cyclical Leisure

Income Statement

Revenue

$522M+8.0% YoY

Gross Profit

$269M51.5% margin

Operating Income

$52M10.1% margin

Net Income

$39M7.5% margin

EPS (Diluted)

$0.52

QoQ Revenue Growth

-16.5%

Cash Flow

Operating Cash Flow

$128M

Free Cash Flow

$121M

Stock-Based Comp.

$7M

Balance Sheet

Total Assets

$2.1B

Total Liabilities

$899M

Stockholders' Equity

$1.1B

Cash & Equivalents

$321M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$522M	$483M	+8.0%
Gross Profit	$269M	$252M	+6.7%
Operating Income	$52M	$85M	-38.4%
Net Income	$39M	$63M	-37.9%

Revenue Segments

Titleist Golf Balls

$167M34%

Footjoy Golf Wear

$138M28%

Titleist Golf Clubs

$136M28%

Titleist Golf Gear

$47M10%

Geographic Segments

UNITED STATES

$283M54%

KOREA, REPUBLIC OF

$76M15%

EMEA

$69M13%

JAPAN

$48M9%

Rest Of World

$46M9%