NYSE$GOLF
Acushnet Holdings Corp · Q3 2022 earnings
Q3 2022 earnings · · Investor relations
Briefing
Acushnet reported strong third quarter results with sales up 7.0% year over year and net income attributable to Acushnet Holdings Corp. up 31.8% year over year.
Acushnet Holdings Corp. announced strong third quarter results with net sales of $558.2 million, up 7.0% year over year, and net income attributable to Acushnet Holdings Corp. of $51.8 million, up 31.8% year over year. Adjusted EBITDA was $86.5 million, up 23.0% year over year.
- Third quarter net sales of $558.2 million, up 7.0% year over year, up 13.5% in constant currency.
- Year-to-date net sales of $1,822.9 million, up 5.5% year over year, up 10.5% in constant currency.
- Third quarter net income attributable to Acushnet Holdings Corp. of $51.8 million, up 31.8% year over year.
- Third quarter Adjusted EBITDA of $86.5 million, up 23.0% year over year.
Headline financials
Revenue & EPS history
Acushnet · Revenue · Quarterly
$558M
Revenue by segment
Acushnet · $191M total across 2 segments · Q3 2022
- FootJoy Golf Wear$132M-4.5%69.0%
- Titleist Golf Equipment$59.2M+27.0%31.0%
Forward guidance
The Company has narrowed the ranges of its full-year 2022 Outlook. The Company now expects full-year consolidated net sales to be approximately $2,225 to $2,250 million, compared to its previous range of $2,200 to $2,250 million. The Company now expects full-year 2022 Adjusted EBITDA to be approximately $325 to $335 million, compared to $325 to $345 million.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2022
+1.8%
Avg return
Earnings day
+1.0%
Avg return
5 days after
+2.1%
Avg return
30 days after
56%
25 / 45 earnings
Positive
+20.4%
Q1 2021
Best reaction
-11.5%
Q2 2020
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -8.4% | -6.7% | -4.0% | |
| Q4 2025 | +3.5% | -0.1% | -7.4% | |
| Q3 2025 | +3.9% | +7.1% | +11.0% | |
| Q1 2025 | +5.1% | +9.4% | +9.4% | |
| Q4 2024 | -1.9% | -2.0% | +1.8% | |
| Q3 2024 | +14.6% | +11.1% | +17.2% | |
| Q2 2024 | +1.7% | +0.4% | -0.6% | |
| Q1 2024 | -0.2% | +1.3% | +4.0% | |
| Q4 2023 | -5.3% | -6.6% | -4.6% | |
| Q3 2023 | +10.0% | +14.0% | +16.2% | |
| Q2 2023 | -1.1% | -2.5% | -0.4% | |
| Q1 2023 | +5.1% | +1.7% | -6.5% | |
| Q4 2022 | +10.1% | +7.1% | +5.6% | |
| Q3 2022 | -0.7% | -2.6% | +5.1% | |
| Q2 2022 | +2.9% | -0.2% | -2.2% | |
| Q1 2022 | -6.4% | -6.5% | -1.8% | |
| Q4 2021 | +3.6% | -1.5% | -8.1% | |
| Q3 2021 | +5.0% | +2.9% | -2.1% | |
| Q2 2021 | +2.0% | +0.7% | -6.7% | |
| Q1 2021 | +20.4% | +18.7% | +20.1% | |
| Q4 2020 | -4.0% | -6.6% | -4.0% | |
| Q3 2020 | +1.9% | +2.4% | +8.3% | |
| Q2 2020 | -11.5% | -12.1% | -12.0% | |
| Q1 2020 | +3.3% | +1.1% | +30.8% | |
| Q4 2019 | -5.4% | -1.4% | -5.1% | |
| Q3 2019 | +3.3% | +3.0% | +5.4% | |
| Q2 2019 | -0.0% | +0.5% | +4.9% | |
| Q1 2019 | -3.7% | -5.8% | -3.2% | |
| Q4 2018 | +1.6% | -2.4% | -7.1% | |
| Q3 2018 | +1.8% | +5.6% | -6.5% | |
| Q2 2018 | +9.0% | +8.6% | +12.2% | |
| Q1 2018 | -8.6% | -4.5% | +0.5% | |
| Q4 2017 | +2.1% | +3.3% | +7.8% | |
| Q3 2017 | +4.1% | -2.9% | +11.3% | |
| Q2 2016 | -6.4% | -5.2% | -3.3% | |
| Q2 2017 | -6.4% | -5.2% | -3.3% | |
| Q1 2017 | -1.1% | -4.7% | -3.1% | |
| Q1 2016 | -1.1% | -4.7% | -3.1% | |
| Q1 2015 | -0.3% | -1.6% | +5.4% | |
| Q4 2014 | -0.3% | -1.6% | +5.4% | |
| Q2 2015 | -0.3% | -1.6% | +5.4% | |
| Q4 2016 | +0.2% | -1.9% | +1.9% | |
| Q3 2016 | +12.5% | +12.2% | -0.1% | |
| Q4 2015 | +12.5% | +12.2% | -0.1% | |
| Q3 2015 | +12.5% | +12.2% | -0.1% |
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