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Stock impact report

Acushnet Holdings Corp (GOLF) Reports Mixed 2023 Results and Provides 2024 Outlook [Yahoo! Finance]

Acushnet Holdings Corp. (GOLF) 
Last acushnet holdings corp. earnings: 2/27 06:19 am Check Earnings Report
Company Research Source: Yahoo! Finance
Adjusted EBITDA : Rose by 11.1% to $376.1 million for the full year. Q4 Net Sales : Decreased by 7.7% to $413.0 million, 8.6% down in constant currency. Q4 Net Loss : Attributable to Acushnet Holdings Corp was $26.8 million, a significant drop from the prior year. Dividend : Quarterly cash dividend increased by 10.3% to $0.215 per share. 2024 Outlook : Expects net sales between $2.45 to $2.50 billion and Adjusted EBITDA of $385 to $405 million. Warning! GuruFocus has detected 7 Warning Sign with GOLF. On February 29, 2024, Acushnet Holdings Corp ( NYSE:GOLF ) released its 8-K filing , detailing its financial results for the full year and fourth quarter ended December 31, 2023. Acushnet, a global leader in golf products, reported a full year net sales increase but faced a net income decline and a significant net loss in the fourth quarter. Acushnet Holdings Corp is renowned for its design, development, manufacture, and distribution of golf products, including golf balls, Show less Read more
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