Board Change • May 20
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 4 highly experienced directors. Independent Director Leanne Cunningham was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • May 08
Acushnet Holdings Corp. announces Quarterly dividend, payable on June 22, 2026 Acushnet Holdings Corp. announced Quarterly dividend of USD 0.2550 per share payable on June 22, 2026, ex-date on June 05, 2026 and record date on June 05, 2026. Announcement • Apr 22
Acushnet Holdings Corp. to Report Q1, 2026 Results on May 06, 2026 Acushnet Holdings Corp. announced that they will report Q1, 2026 results at 6:30 AM, US Eastern Standard Time on May 06, 2026 Announcement • Mar 02
Acushnet Holdings Corp., Annual General Meeting, Jun 08, 2026 Acushnet Holdings Corp., Annual General Meeting, Jun 08, 2026. Announcement • Feb 12
Acushnet Holdings Corp. to Report Q4, 2025 Results on Feb 26, 2026 Acushnet Holdings Corp. announced that they will report Q4, 2025 results at 6:30 AM, Eastern Standard Time on Feb 26, 2026 Announcement • Nov 07
Acushnet Holdings Corp. announces Quarterly dividend, payable on December 19, 2025 Acushnet Holdings Corp. announced Quarterly dividend of USD 0.2350 per share payable on December 19, 2025, ex-date on December 05, 2025 and record date on December 05, 2025. Announcement • Nov 06
Acushnet Holdings Corp. Reiterates Revenue Guidance for the Second Half of 2025 and Provides Earnings Guidance for the Fourth Quarter and Full Year of 2025 Acushnet Holdings Corp. reiterated revenue guidance for the second half of 2025 and provides earnings guidance for the fourth quarter and full year of 2025. This company expects fourth quarter revenue of approximately $448 million, representing high single-digit growth over Fourth Quarter 2023, a period consistent with the cadence of product launch cycle.
For the second half of 2025, the company expects low single-digit revenue growth.
The company expect full year 2025 revenue to be in the range of $2.52 billion and $2.54 billion on a reported basis. Announcement • Oct 22
Acushnet Holdings Corp. to Report Q3, 2025 Results on Nov 05, 2025 Acushnet Holdings Corp. announced that they will report Q3, 2025 results at 6:45 AM, US Eastern Standard Time on Nov 05, 2025 Announcement • Jul 24
Acushnet Holdings Corp. to Report Q2, 2025 Results on Aug 07, 2025 Acushnet Holdings Corp. announced that they will report Q2, 2025 results at 6:45 AM, US Eastern Standard Time on Aug 07, 2025 Announcement • May 09
Acushnet Holdings Corp. announces Quarterly dividend, payable on June 20, 2025 Acushnet Holdings Corp. announced Quarterly dividend of USD 0.2350 per share payable on June 20, 2025, ex-date on June 06, 2025 and record date on June 06, 2025. Announcement • Apr 23
Acushnet Holdings Corp. to Report Q1, 2025 Results on May 07, 2025 Acushnet Holdings Corp. announced that they will report Q1, 2025 results at 6:45 AM, US Eastern Standard Time on May 07, 2025 Announcement • Apr 21
Acushnet Holdings Corp., Annual General Meeting, Jun 02, 2025 Acushnet Holdings Corp., Annual General Meeting, Jun 02, 2025. Announcement • Mar 01
Acushnet Holdings Corp. Provides Earnings Guidance for the Full Year 2025 Acushnet Holdings Corp. provided earnings guidance for the full year 2025. For the year, the company expects consolidated net sales to be approximately $2,485 million to $2,535 million on a reported basis, up 2.2% at the midpoint. This includes an estimated negative impact from foreign currency rates of approximately $35 million. On a constant currency basis, consolidated net sales are expected to be up between 2.6% and 4.6%. Announcement • Feb 13
Acushnet Holdings Corp. to Report Q4, 2024 Results on Feb 27, 2025 Acushnet Holdings Corp. announced that they will report Q4, 2024 results at 6:45 AM, US Eastern Standard Time on Feb 27, 2025 Recent Insider Transactions • Nov 16
President recently sold €1.8m worth of stock On the 14th of November, David Maher sold around 27k shares on-market at roughly €65.40 per share. This transaction amounted to 3.3% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was David's only on-market trade for the last 12 months. Reported Earnings • Nov 08
Third quarter 2024 earnings released: EPS: US$0.89 (vs US$0.86 in 3Q 2023) Third quarter 2024 results: EPS: US$0.89. Revenue: US$620.5m (up 4.6% from 3Q 2023). Net income: US$56.2m (down 1.9% from 3Q 2023). Profit margin: 9.1% (in line with 3Q 2023). Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 8.6% growth forecast for the Leisure industry in Europe. Announcement • Oct 24
Acushnet Holdings Corp. to Report Q3, 2024 Results on Nov 07, 2024 Acushnet Holdings Corp. announced that they will report Q3, 2024 results at 6:45 AM, US Eastern Standard Time on Nov 07, 2024 Upcoming Dividend • Aug 30
Upcoming dividend of US$0.21 per share Eligible shareholders must have bought the stock before 06 September 2024. Payment date: 20 September 2024. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (3.7%). Declared Dividend • Aug 12
Second quarter dividend of US$0.21 announced Shareholders will receive a dividend of US$0.21. Ex-date: 6th September 2024 Payment date: 20th September 2024 Dividend yield will be 1.3%, which is lower than the industry average of 2.5%. Sustainability & Growth Dividend is well covered by both earnings (28% earnings payout ratio) and cash flows (19% cash payout ratio). The dividend has increased by an average of 8.7% per year over the past 7 years and payments have been stable during that time. EPS is expected to grow by 38% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Aug 08
Acushnet Holdings Corp. announces Quarterly dividend, payable on September 20, 2024 Acushnet Holdings Corp. announced Quarterly dividend of USD 0.2150 per share payable on September 20, 2024, ex-date on September 06, 2024 and record date on September 06, 2024. Reported Earnings • Aug 07
Second quarter 2024 earnings released: EPS: US$1.12 (vs US$1.09 in 2Q 2023) Second quarter 2024 results: EPS: US$1.12. Revenue: US$683.9m (flat on 2Q 2023). Net income: US$71.4m (down 4.3% from 2Q 2023). Profit margin: 10% (in line with 2Q 2023). Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the Leisure industry in Europe. Announcement • Jul 23
Acushnet Holdings Corp. to Report Q2, 2024 Results on Aug 06, 2024 Acushnet Holdings Corp. announced that they will report Q2, 2024 results at 6:45 AM, US Eastern Standard Time on Aug 06, 2024 Recent Insider Transactions • Jun 08
President of FootJoy recently sold €451k worth of stock On the 3rd of June, Christopher Lindner sold around 8k shares on-market at roughly €60.19 per share. This transaction amounted to 7.4% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €12m more than they bought in the last 12 months. Upcoming Dividend • Jun 01
Upcoming dividend of US$0.21 per share Eligible shareholders must have bought the stock before 07 June 2024. Payment date: 21 June 2024. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (3.4%). Declared Dividend • May 13
First quarter dividend of US$0.21 announced Shareholders will receive a dividend of US$0.21. Ex-date: 7th June 2024 Payment date: 21st June 2024 Dividend yield will be 1.3%, which is lower than the industry average of 2.5%. Sustainability & Growth Dividend is well covered by both earnings (27% earnings payout ratio) and cash flows (20% cash payout ratio). The dividend has increased by an average of 8.7% per year over the past 7 years and payments have been stable during that time. EPS is expected to grow by 34% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • May 08
First quarter 2024 earnings released: EPS: US$1.36 (vs US$1.37 in 1Q 2023) First quarter 2024 results: EPS: US$1.36 (down from US$1.37 in 1Q 2023). Revenue: US$707.6m (up 3.1% from 1Q 2023). Net income: US$87.8m (down 5.9% from 1Q 2023). Profit margin: 12% (down from 14% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 8.5% growth forecast for the Leisure industry in Europe. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 14% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Apr 24
Acushnet Holdings Corp. to Report Q1, 2024 Results on May 07, 2024 Acushnet Holdings Corp. announced that they will report Q1, 2024 results at 6:45 AM, US Eastern Standard Time on May 07, 2024 Announcement • Apr 21
Acushnet Holdings Corp., Annual General Meeting, Jun 03, 2024 Acushnet Holdings Corp., Annual General Meeting, Jun 03, 2024, at 09:00 Eastern Daylight. Agenda: To elect as directors the following nominees recommended by the Board of directors: Leanne Cunningham, Gregory Hewett, Ho Yeon (Aaron) Lee, David Maher, Jan Singer, Steven Tishman, Yoon Soo (Gene) Yoon and Keon Chang (Kevin)Yoon; to ratify the appointment of pricewaterhouse Coopers LLP as the independent registered public accounting firm of the Company for the fiscal year ending December 31, 2024; to approve, in a non-binding advisory vote, the compensation paid to he named executive officers; and to conduct any other business properly brought before the meeting. Recent Insider Transactions • Mar 07
President of Titleist Golf Balls recently sold €2.2m worth of stock On the 5th of March, Mary Bohn sold around 36k shares on-market at roughly €60.13 per share. This transaction amounted to 19% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €9.6m more than they bought in the last 12 months. Reported Earnings • Mar 01
Full year 2023 earnings released: EPS: US$2.96 (vs US$2.77 in FY 2022) Full year 2023 results: EPS: US$2.96. Revenue: US$2.38b (up 4.9% from FY 2022). Net income: US$198.4m (flat on FY 2022). Profit margin: 8.3% (down from 8.8% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 7.8% growth forecast for the Leisure industry in Europe. Announcement • Feb 16
Acushnet Holdings Corp. to Report Fiscal Year 2023 Results on Feb 29, 2024 Acushnet Holdings Corp. announced that they will report fiscal year 2023 results at 6:45 AM, US Eastern Standard Time on Feb 29, 2024 Recent Insider Transactions • Dec 19
President of FootJoy recently sold €787k worth of stock On the 15th of December, Christopher Lindner sold around 14k shares on-market at roughly €57.02 per share. This transaction amounted to 16% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €1.1m. Insiders have been net sellers, collectively disposing of €9.1m more than they bought in the last 12 months. Recent Insider Transactions • Nov 29
President of Titleist Golf Clubs recently sold €1.1m worth of stock On the 22nd of November, Steven Pelisek sold around 20k shares on-market at roughly €52.55 per share. This transaction amounted to 22% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €8.3m more than they bought in the last 12 months. Upcoming Dividend • Nov 24
Upcoming dividend of US$0.20 per share at 1.4% yield Eligible shareholders must have bought the stock before 30 November 2023. Payment date: 15 December 2023. Payout ratio is a comfortable 23% and this is well supported by cash flows. Trailing yield: 1.4%. Lower than top quartile of German dividend payers (5.0%). Lower than average of industry peers (3.0%). Reported Earnings • Nov 03
Third quarter 2023 earnings released: EPS: US$0.86 (vs US$0.72 in 3Q 2022) Third quarter 2023 results: EPS: US$0.86 (up from US$0.72 in 3Q 2022). Revenue: US$593.4m (up 6.3% from 3Q 2022). Net income: US$57.3m (up 11% from 3Q 2022). Profit margin: 9.7% (in line with 3Q 2022). Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 8.8% growth forecast for the Leisure industry in Europe. Over the last 3 years on average, earnings per share has increased by 18% per year whereas the company’s share price has increased by 19% per year. Announcement • Oct 20
Acushnet Holdings Corp. to Report Q3, 2023 Results on Nov 02, 2023 Acushnet Holdings Corp. announced that they will report Q3, 2023 results at 6:45 AM, US Eastern Standard Time on Nov 02, 2023 Upcoming Dividend • Aug 24
Upcoming dividend of US$0.20 per share at 1.3% yield Eligible shareholders must have bought the stock before 31 August 2023. Payment date: 15 September 2023. Payout ratio is a comfortable 24% but the company is not cash flow positive. Trailing yield: 1.3%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (2.9%). Recent Insider Transactions • Aug 11
President recently sold €3.6m worth of stock On the 9th of August, David Maher sold around 70k shares on-market at roughly €51.82 per share. This transaction amounted to 9.0% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was David's only on-market trade for the last 12 months. New Risk • Aug 04
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 1.4% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 1.4% per year for the foreseeable future. Minor Risks High level of debt (58% net debt to equity). Significant insider selling over the past 3 months (€1.8m sold). Reported Earnings • Aug 04
Second quarter 2023 earnings released: EPS: US$1.09 (vs US$0.91 in 2Q 2022) Second quarter 2023 results: EPS: US$1.09 (up from US$0.91 in 2Q 2022). Revenue: US$689.4m (up 4.7% from 2Q 2022). Net income: US$74.7m (up 12% from 2Q 2022). Profit margin: 11% (in line with 2Q 2022). Revenue is forecast to grow 2.4% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the Leisure industry in Europe. Over the last 3 years on average, earnings per share has increased by 25% per year whereas the company’s share price has increased by 22% per year. Announcement • Jul 23
Acushnet Holdings Corp. to Report Q2, 2023 Results on Aug 03, 2023 Acushnet Holdings Corp. announced that they will report Q2, 2023 results at 6:45 AM, US Eastern Standard Time on Aug 03, 2023 Announcement • Jun 25
Acushnet Holdings Corp.(NYSE:GOLF) dropped from Russell 2000 Value-Defensive Index Acushnet Holdings Corp.(NYSE:GOLF) dropped from Russell 2000 Value-Defensive Index Recent Insider Transactions • Jun 18
President of FootJoy recently sold €379k worth of stock On the 14th of June, Christopher Lindner sold around 8k shares on-market at roughly €47.42 per share. This transaction amounted to 8.6% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €4.3m more than they bought in the last 12 months. Announcement • Jun 11
Acushnet Holdings Corp. Announces Executive Changes On June 5, 2023, the board of directors of the Acushnet Holdings Corp. appointed Nicholas Mohamed, its Vice President and Controller, as the Company's Principal Accounting Officer, effective immediately. Mr. Mohamed assumes the role previously held by Thomas Pacheco, the Company's current Executive Vice President, who resigned from his position as Chief Financial Officer and Chief Accounting Officer, effective as of June 1, 2023. Mr. Pacheco will remain with the Company in a transitional role until July 7, 2023. Prior to joining the Company in April 2023, Mr. Mohamed, 47, served as the Global Controller of Converse Inc. from February 2021 to April 2023. From 2016 through February 2021, Mr. Mohamed was Converse Inc.'s Global Accounting Director. Prior to that, Mr. Mohamed served as Senior Finance Executive of Media General Inc. in 2015, as Vice President, Controller of LIN Media LLC from 2009 to 2014 and as Director, Finance Mergers and Acquisitions at Sensata Technologies Inc. from 2007-2008. Also on June 5, 2023, the Board accepted the resignation of Mr. Gregory Hewett from the Board's Compensation Committee and appointed him to serve as a member of the Nominating and Corporate Governance Committee of the Board. Mr. Hewett was also appointed chairman of the Audit Committee of the Board, replacing Mr. Sean Sullivan, who resigned from the Board effective June 1, 2023 and is now the Company's Executive Vice President and Chief Financial Officer. Upcoming Dividend • May 25
Upcoming dividend of US$0.20 per share at 1.8% yield Eligible shareholders must have bought the stock before 01 June 2023. Payment date: 16 June 2023. Payout ratio is a comfortable 25% but the company is not cash flow positive. Trailing yield: 1.8%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (2.5%). Announcement • May 05
Acushnet Holdings Corp. Affirms Earnings Guidance for the Full Year 2023 Acushnet Holdings Corp. affirmed earnings guidance for the full year 2023. For the full year, the company affirmed its full year outlook and expects full year consolidated net sales to be approximately $2,325 million to $2,375 million. On a constant currency basis, consolidated net sales are expected to be in the range of up 5.0% to up 7.2%. Reported Earnings • May 05
First quarter 2023 earnings released: EPS: US$1.37 (vs US$1.10 in 1Q 2022) First quarter 2023 results: EPS: US$1.37 (up from US$1.10 in 1Q 2022). Revenue: US$686.3m (up 13% from 1Q 2022). Net income: US$93.3m (up 15% from 1Q 2022). Profit margin: 14% (in line with 1Q 2022). Over the last 3 years on average, earnings per share has increased by 27% per year whereas the company’s share price has increased by 23% per year. Announcement • May 05
Acushnet Holdings Corp. Declares Quarterly Cash Dividend, Payable on June 16, 2023 On May 4, 2023, Acushnet's board of directors declared a quarterly cash dividend of $0.195 per share of common stock. The dividend will be payable on June 16, 2023, to shareholders of record as of June 2, 2023. Recent Insider Transactions • Mar 08
Executive VP recently sold €972k worth of stock On the 6th of March, Thomas Pacheco sold around 20k shares on-market at roughly €48.61 per share. This transaction amounted to 25% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Thomas' only on-market trade for the last 12 months. Reported Earnings • Mar 02
Full year 2022 earnings released: EPS: US$2.77 (vs US$2.40 in FY 2021) Full year 2022 results: EPS: US$2.77 (up from US$2.40 in FY 2021). Revenue: US$2.27b (up 5.7% from FY 2021). Net income: US$199.3m (up 11% from FY 2021). Profit margin: 8.8% (up from 8.3% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to stay flat during the next 2 years compared to a 8.4% growth forecast for the Leisure industry in Europe. Over the last 3 years on average, earnings per share has increased by 26% per year whereas the company’s share price has increased by 30% per year. Announcement • Feb 16
Acushnet Holdings Corp. to Report Q4, 2022 Results on Mar 01, 2023 Acushnet Holdings Corp. announced that they will report Q4, 2022 results at 6:45 AM, US Eastern Standard Time on Mar 01, 2023 Announcement • Feb 08
Acushnet Holdings Corp. (NYSE:GOLF) acquired Club Glove brand of West Coast Trends, Inc. Acushnet Holdings Corp. (NYSE:GOLF) acquired Club Glove brand of West Coast Trends, Inc. on February 7, 2023. Acushnet has acquired all relevant Club Glove trademarks, domains and products. West Coast Trends will continue to operate and service the Club Glove brand out of its headquarters in Huntington Beach, California.Acushnet Holdings Corp. (NYSE:GOLF) completed the acquisition of Club Glove brand of West Coast Trends, Inc. on February 7, 2023. Buying Opportunity • Dec 20
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 16%. The fair value is estimated to be €50.77, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 25%. Revenue is forecast to grow by 2.3% in 2 years. Earnings is forecast to grow by 15% in the next 2 years. Upcoming Dividend • Nov 24
Upcoming dividend of US$0.18 per share Eligible shareholders must have bought the stock before 01 December 2022. Payment date: 16 December 2022. Payout ratio is a comfortable 30% but the company is not cash flow positive. Trailing yield: 1.6%. Lower than top quartile of German dividend payers (5.0%). Lower than average of industry peers (3.0%). Recent Insider Transactions • Nov 16
President of Titleist Golf Clubs recently sold €1.4m worth of stock On the 9th of November, Steven Pelisek sold around 33k shares on-market at roughly €43.50 per share. This transaction amounted to 25% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €2.2m more than they bought in the last 12 months. Recent Insider Transactions • Nov 11
President of Titleist Golf Clubs recently sold €1.4m worth of stock On the 9th of November, Steven Pelisek sold around 33k shares on-market at roughly €43.50 per share. This transaction amounted to 25% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Reported Earnings • Nov 05
Third quarter 2022 earnings released: EPS: US$0.72 (vs US$0.53 in 3Q 2021) Third quarter 2022 results: EPS: US$0.72 (up from US$0.53 in 3Q 2021). Revenue: US$558.2m (up 7.0% from 3Q 2021). Net income: US$51.8m (up 32% from 3Q 2021). Profit margin: 9.3% (up from 7.5% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 1.3% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Leisure industry in Europe. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. Announcement • Oct 21
Acushnet Holdings Corp. to Report Q3, 2022 Results on Nov 03, 2022 Acushnet Holdings Corp. announced that they will report Q3, 2022 results at 6:45 AM, US Eastern Standard Time on Nov 03, 2022 Upcoming Dividend • Aug 25
Upcoming dividend of US$0.18 per share Eligible shareholders must have bought the stock before 01 September 2022. Payment date: 16 September 2022. Payout ratio is a comfortable 32% but the company is paying out more than the cash it is generating. Trailing yield: 1.4%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (2.9%). Reported Earnings • Aug 05
Second quarter 2022 earnings released: EPS: US$0.91 (vs US$1.09 in 2Q 2021) Second quarter 2022 results: EPS: US$0.91 (down from US$1.09 in 2Q 2021). Revenue: US$658.6m (up 5.4% from 2Q 2021). Net income: US$66.5m (down 18% from 2Q 2021). Profit margin: 10% (down from 13% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 2.3%, compared to a 10% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 29% per year whereas the company’s share price has increased by 30% per year. Announcement • Jul 28
Acushnet Holdings Corp. Appoints Ho Yeon (Aaron) Lee to Board On July 26, 2022, the board of directors of Acushnet Holdings Corp. appointed Mr. Ho Yeon (Aaron) Lee to the Board, filling the vacancy left by the resignation of Ms. Jennifer Estabrook, effective immediately. Mr. Lee has been the Chief Financial Officer of Fila Holdings Corp. since September 2021 and the Head of Fila's Corporate Strategy Office since January 2018, and held a number of other positions since joining Fila in 2016. Mr. Lee has also been the President of Magnus Holdings Corp. since March 2021 and a member of the board of directors of Fila Luxembourg S.à.r.l. since 2019. Magnus and Fila Luxembourg are wholly-owned subsidiaries of Fila, a public company listed on the Korea Exchange. Prior to joining Fila, Mr. Lee worked at Samsungbioepis Co. Ltd., assisting in development and commercialization of various biopharmaceutical products. Announcement • Jul 22
Acushnet Holdings Corp. to Report Q2, 2022 Results on Aug 04, 2022 Acushnet Holdings Corp. announced that they will report Q2, 2022 results at 6:45 AM, US Eastern Standard Time on Aug 04, 2022 Announcement • Jul 21
Acushnet Holdings Corp. Announces Executive Changes Acushnet Holdings Corp. on July 14, 2022 Jennifer Estabrook notified the company her intent to resign from the board of directors of the Company (the Board"), effective as of July 26, 2022. Board Change • Jun 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 6 experienced directors. 1 highly experienced director. Independent Director Jan Singer was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Upcoming Dividend • May 26
Upcoming dividend of US$0.18 per share Eligible shareholders must have bought the stock before 02 June 2022. Payment date: 17 June 2022. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of German dividend payers (4.3%). Lower than average of industry peers (2.7%). Reported Earnings • May 06
First quarter 2022 earnings released: EPS: US$1.10 (vs US$1.14 in 1Q 2021) First quarter 2022 results: EPS: US$1.10 (down from US$1.14 in 1Q 2021). Revenue: US$606.1m (up 4.3% from 1Q 2021). Net income: US$81.0m (down 4.6% from 1Q 2021). Profit margin: 13% (down from 15% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 2.2%, compared to a 15% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth. Board Change • May 02
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 6 experienced directors. 1 highly experienced director. Independent Director Jan Singer was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Apr 22
Acushnet Holdings Corp. to Report Q1, 2022 Results on May 05, 2022 Acushnet Holdings Corp. announced that they will report Q1, 2022 results at 6:45 AM, US Eastern Standard Time on May 05, 2022 Announcement • Apr 15
Acushnet Holdings Corp., Annual General Meeting, Jun 06, 2022 Acushnet Holdings Corp., Annual General Meeting, Jun 06, 2022, at 09:00 Eastern Daylight. Agenda: To elect as directors the following nominees recommended by the board of directors: Jennifer Estabrook, Gregory Hewett, David Maher, Jan Singer, Sean Sullivan, Steven Tishman, Yoon Soo (Gene) Yoon and Keun Chang (Kevin) Yoon; to ratify the appointment of PricewaterhouseCoopers LLP as the independent registered public accounting firm of the company for the fiscal year ending December 31, 2022; to approve, in a non-binding advisory vote, the compensation paid to the named executive officers; and to conduct any other business properly brought before the meeting. Reported Earnings • Mar 02
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: EPS: US$2.40 (up from US$1.29 in FY 2020). Revenue: US$2.15b (up 33% from FY 2020). Net income: US$178.9m (up 86% from FY 2020). Profit margin: 8.3% (up from 6.0% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.9%. Over the next year, revenue is expected to shrink by 2.0% compared to a 15% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth. Announcement • Feb 16
Acushnet Holdings Corp. to Report Q4, 2021 Results on Mar 01, 2022 Acushnet Holdings Corp. announced that they will report Q4, 2021 results at 6:45 AM, US Eastern Standard Time on Mar 01, 2022 Upcoming Dividend • Nov 25
Upcoming dividend of US$0.17 per share Eligible shareholders must have bought the stock before 02 December 2021. Payment date: 17 December 2021. Trailing yield: 1.2%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (1.5%). Recent Insider Transactions • Nov 11
President of FootJoy recently sold €551k worth of stock On the 8th of November, Christopher Lindner sold around 11k shares on-market at roughly €49.25 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €974k more than they bought in the last 12 months. Reported Earnings • Nov 07
Third quarter 2021 earnings released: EPS US$0.53 (vs US$0.85 in 3Q 2020) The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: US$521.6m (up 8.0% from 3Q 2020). Net income: US$39.3m (down 38% from 3Q 2020). Profit margin: 7.5% (down from 13% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 30% per year and the company’s share price has also increased by 30% per year. Upcoming Dividend • Aug 26
Upcoming dividend of US$0.17 per share Eligible shareholders must have bought the stock before 02 September 2021. Payment date: 17 September 2021. Trailing yield: 1.3%. Lower than top quartile of German dividend payers (3.1%). In line with average of industry peers (1.4%). Reported Earnings • Aug 06
Second quarter 2021 earnings released: EPS US$1.09 (vs US$0.031 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$624.9m (up 108% from 2Q 2020). Net income: US$81.1m (up US$78.8m from 2Q 2020). Profit margin: 13% (up from 0.8% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 21% per year whereas the company’s share price has increased by 23% per year. Upcoming Dividend • May 27
Upcoming dividend of US$0.17 per share Eligible shareholders must have bought the stock before 03 June 2021. Payment date: 18 June 2021. Trailing yield: 1.3%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (1.6%). Announcement • May 08
Acushnet Holdings Corp. Provides Consolidated Earnings Guidance for the Full-Year 2021 Acushnet Holdings Corp. provided consolidated earnings guidance for the full-year 2021. The company expects full-year consolidated net sales to be approximately $1,795 million to $1,875 million. Announcement • May 07
Acushnet Holdings Corp. Declares a Quarterly Cash Dividend, Payable on June 18, 2021 Acushnet Holdings Corp.'s Board of Directors declared a quarterly cash dividend of $0.165 per share of common stock. The dividend will be payable on June 18, 2021 to shareholders of record as of June 4, 2021. The number of shares outstanding as of April 30, 2021 was 74,063,851. Reported Earnings • Feb 26
Full year 2020 earnings released: EPS US$1.29 (vs US$1.61 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: US$1.61b (down 4.1% from FY 2019). Net income: US$96.0m (down 21% from FY 2019). Profit margin: 6.0% (down from 7.2% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 27% per year, which means it is well ahead of earnings. Analyst Estimate Surprise Post Earnings • Feb 26
Revenue beats expectations Revenue exceeded analyst estimates by 2.7%. Over the next year, revenue is forecast to grow 7.6%, compared to a 9.6% growth forecast for the Leisure industry in Germany. Announcement • Feb 12
Acushnet Holdings Corp. to Report Q4, 2020 Results on Feb 25, 2021 Acushnet Holdings Corp. announced that they will report Q4, 2020 results at 6:45 AM, US Eastern Standard Time on Feb 25, 2021 Is New 90 Day High Low • Feb 07
New 90-day high: €37.80 The company is up 16% from its price of €32.60 on 06 November 2020. The German market is up 15% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Leisure industry, which is up 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €23.26 per share. Announcement • Jan 28
Acushnet Holdings Corp.(NYSE:GOLF) dropped from Russell 2000 Dynamic Index Acushnet Holdings Corp.(NYSE:GOLF) dropped from Russell 2000 Dynamic Index Announcement • Nov 07
Acushnet Holdings Corp. Announces Not to Provide Guidance for the Fiscal 2020 Acushnet Holdings Corp. announced that given the high degree of uncertainty related to the COVID-19 pandemic, the Company has withdrawn all previously issued fiscal 2020 guidance and the Company is not providing further guidance at this time.