Acushnet Q1 sales rise 7% and beat estimates

Acushnet Holdings

06/05/2026 11:17

Overview

Golf products maker's Q1 net sales rose 7.1%, beating analyst expectations

Net income fell 18% due to prior-year non-cash gain from FootJoy JV deconsolidation

Adjusted EBITDA increased 4.1% from prior year

Outlook

Acushnet reaffirms 2026 net sales outlook of $2,625 mln to $2,675 mln

Company expects 2026 adjusted EBITDA of $415 mln to $435 mln

Acushnet sees 2026 net sales rising 2.5% to 4.5% on constant currency basis

Result Drivers

TITLEIST EQUIPMENT GROWTH - Higher sales volumes of new SM11 wedges, T-Series irons, and performance golf balls, plus higher average selling prices for Pro V1 models, drove Titleist golf equipment gains

GOLF GEAR PRICING - Higher average selling prices across all golf gear categories and increased golf bag sales contributed to segment growth

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Sales
Beat
$753 mln
$721.98 mln (8 Analysts)
Q1 EPS
$1.36
Q1 Net Income
$81.40 mln
Q1 Adjusted EBITDA
$144.60 mln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 8 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the recreational products peer group is "buy."

Wall Street's median 12-month price target for Acushnet Holdings Corp is $100.00, about 6.6% above its May 5 closing price of $93.79

The stock recently traded at 24 times the next 12-month earnings vs. a P/E of 26 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)