Full Year and Fourth Quarter 2023 Earnings Call DISCLAIMERS This presentation includes forward-looking statements that reflect our current views with respect to, among other things, our 2024 outlook, our operations and our financial performance. These forward-looking statements are included throughout this presentation and relate to matters such as our industry, business strategy, goals and expectations concerning our market position, future operations, margins, profitability, capital expenditures, liquidit ...

Acushnet Holdings Corp. (NYSE:GOLF) Q4 2023 Earnings Conference Call February 29, 2024 8:30 AM ET Company Participants Sondra Lennon - VP, Planning, Analysis & IR David Maher - President & CEO Sean Sullivan - CFO Conference Call Participants Megan Alexander - Morgan Stanley Randy Konik - Jefferies Michael Swartz - Truist Securities Joseph Altobello - Raymond James George Kelly - ROTH MKM Noah Zatzkin - KeyBanc Capital Markets Operator Hello, everyone, and welcome to the Acushnet Holdings Corp 4Q 2023 earnin ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Form 10-K ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-37935 Acushnet Holdings Corp. (Exact name of registrant as specified in its charter) Delaware 45-2644353 (State or other juri ...

Exhibit 99.1 Acushnet Holdings Corp. Announces Full Year and Fourth Quarter 2023 Financial Results, Declares Increased Quarterly Cash Dividend, Announces Increased Share Repurchase Authorization, Introduces 2024 Outlook Key Highlights: FAIRHAVEN, MA – February 29, 2024 – Acushnet Holdings Corp. (NYSE: GOLF) ("Acushnet"), the global leader in the design, development, manufacture and distribution of performance-driven golf products, today reported financial results for the full year and fourth quarter ended D ...

Yes. Happy to, Martin. So again, obviously two months left in the new year. It is a seasonally low point, as David talked about. I think that given the macroeconomic environment, we're just taking a conservative approach to Q4 on the sales side. October results are certainly coming in line with expectations. Across the board, I think, the footwear category and FootJoy we're keeping an eye out. We've talked about it a number of times now. But as we think about – it just seemed like the prudent approach to ho ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 Form 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-37935 Acushnet Holdings Corp. (Exact name of registrant as specified in its charter) Delaware 45-2644353 (State or oth ...

Third Quarter 2023 Earnings Call DISCLAIMERS The forward-looking statements contained in this presentation are based on management's current expectations and are subject to uncertainty and changes in circumstances. We cannot assure you that future developments affecting us will be those that we have anticipated. Actual results may differ materially from these expectations due to changes in global, regional or local economic, business, competitive, market, regulatory and other factors, many of which are beyo ...

Conference Call Participants Operator contributed to adjusted EBITDA of $132 million in the quarter, a 24% increase for the period. And for the first half, sales of $1.376 billion are up almost 12%, while adjusted EBITDA of $279 million represents a 23% gain over last year. Some 250 million rounds of golf were played in the U.S. during the first half, a 5.5% gain versus last year and roughly 16% increase compared to 2019. Total worldwide rounds for the first half are projected to be up low single digits as ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 Form 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-37935 Acushnet Holdings Corp. (Exact name of registrant as specified in its charter) Delaware 45-2644353 (State or other ju ...

JP Wollam But I would say near term we like where we are, we do have some allocations in place just to make sure we spread product availability fairly and broadly. We don't anticipate outages we do anticipate field inventories will be a little bit lean. But we're going to do everything we can to avoid outages. And again, by the end of the year, we think we'd be back to more normalized levels. Noah Zatzkin So that's some of the data that's that the National Golf Foundation would put out there more anecdotall ...