Strong Revenue Growth
Acushnet delivered worldwide net sales of $658 million in Q3, a 5% constant currency increase over last year. Year-to-date sales of $2.08 billion were up 4% compared to last year.
Adjusted EBITDA Growth
Adjusted EBITDA for Q3 was $119 million, growing by 10% compared to the previous year. Year-to-date, adjusted EBITDA was $401 million, up 2% from last year.
Titleist Golf Equipment Momentum
Titleist Golf Equipment grew 5% both in the quarter and year-to-date, driven by the growth of the Pro V1 franchise and the successful launch of new Titleist T-Series irons and Vokey SM10 wedges.
Impressive EMEA Growth
EMEA posted a 14% gain in Q3 and is up 8% year-to-date, benefiting from favorable weather comps.