Acushnet (Acushnet Holdings Corp.) reported FY 2025 net sales of USD 2.6 billion (+4.1%), gross profit of USD 1.2 billion and income from operations of USD 299.4 million. FY 2025 net income was USD 187.2 million, with net income attributable to shareholders of USD 188.5 million, while Adjusted EBITDA was USD 410.4 million and Adjusted EBITDA margin was 16.0%. By segment in FY 2025, Titleist golf equipment net sales were USD 1.6 billion (+5.9%), FootJoy golf wear net sales were USD 569.9 million, and Golf gear net sales were USD 244.9 million (+5.5%). Segment operating income in FY 2025 was USD 244.9 million for Titleist golf equipment, USD 28.5 million for FootJoy golf wear, and USD 35.7 million for Golf gear. Acushnet highlighted that worldwide rounds played increased by approximately 2% in 2025 versus 2024, and said it anticipates rounds played will remain resilient in 2026. Corporate updates for FY 2025 included a debt refinancing in Q4 with the issuance of USD 500.0 million of 5.625% senior notes due 2033 and the redemption of USD 350.0 million of 7.375% senior notes due 2028, contributing to a FY 2025 loss on debt extinguishment of USD 17.0 million. The company also recorded FY 2025 restructuring costs of USD 13.7 million tied to a voluntary bridge to retirement program (USD 16.8 million total restructuring costs) and incurred USD 10.5 million of information technology optimization expenses related to its multi-year global cloud-based ERP implementation, alongside USD 38.2 million of capitalized ERP implementation costs. Acushnet also reported a non-cash gain of USD 20.9 million in FY 2025 related to the deconsolidation of its Lionscore footwear joint venture following the shift of FootJoy footwear production from China to Vietnam, and noted it formed a new 40% joint venture with Myre on January 6, 2026 to support footwear sourcing and manufacturing in Vietnam.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Acushnet Holdings Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001672013-26-000057), on February 27, 2026, and is solely responsible for the information contained therein.
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