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3 Leisure Stocks Standing Strong Amid Industry Struggles
ZACKS· 2024-08-21 14:50
The Zacks Leisure and Recreation Products industry faces challenges due to high inflation and elevated interest rates. Nevertheless, there is a positive trend in sales of fitness products, driven by growing health and fitness awareness and strong boat sales. Industry participants — which design, market, retail and distribute products for the outdoor and recreation market — are witnessing solid demand. Stocks like Acushnet Holdings Corp. (GOLF) , On Holding AG (ONON) and Peloton Interactive, Inc. (PTON) are ...
Acushnet (GOLF) - 2024 Q2 - Quarterly Report
2024-08-06 20:42
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, 2024 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 ...
Acushnet (GOLF) - 2024 Q2 - Earnings Call Transcript
2024-08-06 17:57
f Acushnet Holdings Corp. (NYSE:GOLF) Q2 2024 Earnings Conference Call August 6, 2024, 08:30 AM ET Company Participants Sondra Lennon - VP of Financial Planning Analysis and IR David Maher - President and CEO Sean Sullivan - CFO Conference Call Participants Matthew Boss - JPMorgan Martin Mitela - Raymond James Randy Konik - Jefferies George Kelly - ROTH Capital Partners Operator Good morning, everyone, and welcome today's Acushnet Company 2Q '24 Earning Call. My name is Drew and I'll be your operator today. ...
Compared to Estimates, Acushnet (GOLF) Q2 Earnings: A Look at Key Metrics
ZACKS· 2024-08-06 14:36
Acushnet (GOLF) reported $683.87 million in revenue for the quarter ended June 2024, representing a yearover-year decline of 0.8%. EPS of $1.11 for the same period compares to $1.09 a year ago. The reported revenue represents a surprise of -3.66% over the Zacks Consensus Estimate of $709.88 million. With the consensus EPS estimate being $1.18, the EPS surprise was -5.93%. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street e ...
Acushnet (GOLF) - 2024 Q2 - Earnings Call Presentation
2024-08-06 12:58
ACUSHNET HOLDINGS CORP. Second Quarter 2024 Earnings Call August 6, 2024 DISCLAIMERS FORWARD-LOOKING STATEMENTS 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, ma ...
Acushnet (GOLF) Lags Q2 Earnings and Revenue Estimates
ZACKS· 2024-08-06 12:25
Acushnet (GOLF) came out with quarterly earnings of $1.11 per share, missing the Zacks Consensus Estimate of $1.18 per share. This compares to earnings of $1.09 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of -5.93%. A quarter ago, it was expected that this golf products maker would post earnings of $1.24 per share when it actually produced earnings of $1.43, delivering a surprise of 15.32%. Over the last four quarters, the co ...
Acushnet (GOLF) - 2024 Q2 - Quarterly Results
2024-08-06 10:04
Exhibit 99.1 Acushnet Holdings Corp. Announces Second Quarter and Year-to-Date 2024 Financial Results Second Quarter and Year-to-Date 2024 Financial Results • Second quarter net sales of $683.9 million, down 0.8% year over year, up 0.6% in constant currency • Year-to-date net sales of $1,391.4 million, up 1.1% year over year, up 2.3% in constant currency • Second quarter net income attributable to Acushnet Holdings Corp. of $71.4 million, down 4.4% year over year • Year-to-date net income attributable to Ac ...
5 Stocks Backed by High Efficiency to Enrich Your Portfolio
ZACKS· 2024-07-26 12:15
Screening Criteria Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. You can get the rest of the stocks on this list by signing up now for your 2-week free trial to the Research Wizard and star ...
JOHNNIE WALKER BLACK LABEL AND DEVEREUX GOLF DROP FIRST EVER CAPSULE COLLECTION TO CELEBRATE A NEW ERA FOR A TIMELESS DUO - SCOTCH & GOLF
Prnewswire· 2024-05-30 14:36
The 'Johnnie Walker Golf Collection' celebrates the game as it swings towards a more vibrant, accessible, fashionable and social future, reflecting the next generation of Scotch whisky drinkers and golfers NEW YORK, May 30, 2024 /PRNewswire/ -- Johnnie Walker, the world's number one blended Scotch whisky, is reigniting its roots in golf - a game it has been associated with for over a century - by bringing its bold, progressive spirit to the beloved game. 'The Johnnie Walker Clubhouse' – the brand's latest g ...
Acushnet (GOLF) - 2024 Q1 - Quarterly Report
2024-05-07 21:10
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 March 31, 2024 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 j ...