Acushnet Holdings Corp. Revises Earnings Guidance for the Full-Year 2023
August 03, 2023 at 06:02 am EDT
Share
Acushnet Holdings Corp. revised earnings guidance for the full-year 2023. For the period, the company expects nets sales to be approximately $2,350 to $2,400 million, compared to its previous range of $2,325 to $2,375 million.
On a constant currency basis, consolidated net sales are still expected to increase 5.0% to 7.2%.
Acushnet Holdings Corp. is engaged in the design, development, manufacture, and distribution of golf products. The Companyâs segments include Titleist golf balls, Titleist golf clubs, Titleist golf gear, and FootJoy golf wear. The Titleist golf balls segment is engaged in the design and manufacturing of a golf balls. The Titleist golf clubs segment designs, assembles, and sells golf clubs (drivers, fairways, hybrids, and irons) under the Titleist brand, wedges under the Vokey Design brand and putters under the Scotty Cameron brand. The Titleist golf gear segment includes golf bags, headwear, golf gloves, travel products, headcovers, and other golf accessories. The FootJoy golf wear segment includes golf shoes, gloves, and apparel. The Companyâs products include golf balls, golf clubs, wedges and putters, golf shoes, golf gloves, golf gear, and golf and ski outerwear and apparel. It designs, manufactures, and markets a range of products under the Titleist, FootJoy and KJUS brands.
ACUSHNET HOLDINGS CORP. 
