Stock Track | Acushnet Soars 5.15% in pre-market as Q2 Earnings, Sales Top Estimates on New Product Launches

Stock Track
08/06

Acushnet Holdings Corp. (GOLF) stock surged 5.15% in pre-market trading on Thursday, following the release of its second-quarter financial results that handily beat Wall Street expectations.

The golf equipment maker reported net income of $124.8 million, or $2.08 per diluted share, a 66% jump from $1.25 a year earlier and well above the consensus estimate of $1.63. Net sales rose 13.8% to $820 million, exceeding the $788.2 million forecast, driven by the early launch of Titleist GTS drivers and fairways, which saw strong adoption on professional tours. The company also benefited from refunds of IEEPA tariffs previously paid, which boosted both net income and adjusted EBITDA.

Looking ahead, Acushnet raised its full-year net sales outlook to $2.65–$2.68 billion and adjusted EBITDA guidance to $450–$470 million, reflecting confidence in sustained demand and a favorable product cycle.

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10