
Acushnet powers ahead with a 7% revenue increase
- Acushnet reported Q1 2026 net sales of $753 million, up 7.1% year over year.
- Diluted earnings of $1.36 per share missed the $1.38 consensus estimate, while shares fell 8.36%.
- The company maintained its 2026 outlook despite $17 million of additional tariff costs.
Acushnet Holdings (NYSE:GOLF) reported Q1 2026 sales of $753 million, up 7.1%, while net income fell 18.1% to $81.4 million.
Diluted earnings declined to $1.36 from $1.62 and missed the $1.38 consensus estimate, although revenue exceeded market expectations.
Gross margin fell 70 basis points to 47.2% after $17 million of additional tariff costs, while adjusted EBITDA rose 4.1% to $144.6 million.
Acushnet maintained its $2.625–$2.675 billion revenue forecast.
Titleist golf-equipment revenue increased 8.9%, supported by recently launched wedges, irons and performance golf balls.
Meanwhile, golf-gear revenue rose 10.8%, while FootJoy sales increased 1.7% but declined 1.3% on a constant-currency basis.
