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GOLF Acushnet Holdings News Story

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Acushnet Q4 revenue beats on Titleist equipment sales

Overview

Golf product maker's Q4 net sales rose 7.2%, beating analyst expectations

Company reported Q4 net loss of $34.9 mln

Company increased quarterly cash dividend by 8.5%

Outlook

Acushnet expects 2026 net sales between $2.625 bln and $2.675 bln

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

Acushnet sees constant currency net sales growth between 2.5% and 4.5% in 2026

Result Drivers

TITLEIST EQUIPMENT - Higher sales volumes of T-Series irons and SM10 wedges drove Titleist equipment sales

FOOTJOY PRICING - FootJoy golf wear sales increased due to higher average selling prices, primarily in footwear

DEBT REFINANCING LOSS - Net loss driven by $17.0 mln loss on debt extinguishment and increased interest expenses

Key Details

MetricBeat/MissActualConsensus Estimate
Q4 SalesBeat$477.20 mln$452.41 mln (8 Analysts)
Q4 Net Income-$34.90 mln
Q4 Adjusted EBITDA$9.80 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 $90.00, about 9.5% below its February 25 closing price of $99.49 The stock recently traded at 27 times the next 12-month earnings vs. a P/E of 22 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.)

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