Acushnet Q3 sales slightly miss estimates as weaker FootJoy volumes weigh
GOLF•Acushnet's third-quarter sales fell 1.3% year over year to $649.2 million, slightly below the $652.33 million estimate, while net income rose 1.4% to $49.2 million. The company reaffirmed 2026 sales guidance and narrowed its adjusted EBITDA outlook to $455 million-$470 million.
1. Quarterly results
Acushnet reported third-quarter net sales of $649.2 million, down 1.3% year over year and slightly below analysts' $652.33 million estimate. Net income rose 1.4% to $49.2 million, while adjusted EBITDA fell 3.3% to $114.7 million.
2. Sales and outlook
Lower volumes in FootJoy golf wear and golf gear weighed on sales, partly offset by higher sales in Titleist golf equipment and golf balls. Acushnet reaffirmed 2026 net sales guidance of $2.65 billion to $2.675 billion and narrowed its adjusted EBITDA guidance to $455 million-$470 million from $450 million-$470 million. It expects constant-currency sales growth of 3.3%-4.2%.
