GOLF Q3 2024 Earnings — Acushnet Holdings Corp. Revenue & Financial Results | Market Cap Arena

GOLFAcushnet Holdings Corp.

$6B

Q3 2024 Earnings

Consumer Cyclical Leisure

Income Statement

Revenue

$621M+4.6% YoY

Gross Profit

$337M54.4% margin

Operating Income

$82M13.2% margin

Net Income

$56M9.1% margin

EPS (Diluted)

$0.89

QoQ Revenue Growth

-9.3%

Cash Flow

Operating Cash Flow

$144M

Free Cash Flow

$124M

Stock-Based Comp.

$9M

Balance Sheet

Total Assets

$2.3B

Total Liabilities

$1.4B

Stockholders' Equity

$864M

Cash & Equivalents

$99M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$621M	$593M	+4.6%
Gross Profit	$337M	$309M	+9.4%
Operating Income	$82M	$79M	+4.4%
Net Income	$56M	$57M	-1.9%

Revenue Segments

Titleist Golf Clubs

$214M34%

Titleist Golf Balls

$191M31%

Footjoy Golf Wear

$133M21%

Titleist Golf Gear

$52M8%

Other Operating Segment

$31M5%

Geographic Segments

UNITED STATES

$374M60%

EMEA

$75M12%

KOREA, REPUBLIC OF

$67M11%

Rest Of World

$62M10%

JAPAN

$42M7%