Acushnet Holdings Corp. (NYSE:GOLF) Q3 2023 Earnings Call Transcript

Acushnet Holdings Corp. (NYSE:GOLF) Q3 2023 Earnings Call Transcript

Acushnet Holdings Corp. reported a 6% increase in third quarter sales to $593 million, with adjusted EBITDA up 14% to $99 million. Titleist Golf Balls and Golf Clubs were the key drivers of growth, with Golf Balls up 6% in the quarter and 16% year-to-date, and Golf Clubs up 18% for the quarter and 17% year-to-date. New product launches are scheduled for early 2024. Titleist was also the most played iron on the PGA Tour this past season.

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