Reports Q2 revenue $720.5m, consensus $713.7M. “Acushnet delivered another strong performance in the second quarter while operating in this dynamic environment. Through the first six months of the year, the team delivered a 3% increase in constant currency net sales driven by growth in Titleist golf equipment and Golf gear. We are especially pleased with the response to our new Pro V1 models and continued growth in Titleist GT drivers and fairways,” said David Maher, Acushnet’s President and Chief Executive Officer.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on GOLF:
- Acushnet Holdings (GOLF) Q2 Earnings Cheat Sheet
- Acushnet Holdings price target raised to $80 from $63 at Morgan Stanley
- Acushnet Holdings: Strong Golf Industry Position with Limited Upside Potential and Competitive Challenges
- Acushnet Holdings price target raised to $80 from $75 at KeyBanc
- Acushnet Holdings management to meet with KeyBanc
