Acushnet Q2 Sales Surge 14%, Raises Full-Year Outlook on New Product Launches
GOLF sits 45% above its 52-week low of $73.09.
Summary
Acushnet reported Q2 2026 net sales of $820 million, up 14% year-over-year, and raised its full-year revenue and profit outlook, driven by new golf club launches and tariff refunds.
Key Events · Earnings and Guidance · GOLF
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Q2 Sales Beat on New Product Launches
Net sales rose 13.8% to $820.0 million, led by a 42% surge in golf clubs driven by the early launch of Titleist GTS drivers and fairways.
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Earnings Boosted by Tariff Refunds
Net income jumped 65.1% to $124.8 million, including a $38 million benefit from IEEPA tariff refunds; Adjusted EBITDA rose 45.8% to $208.6 million.
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Full-Year Guidance Raised
Management now expects 2026 net sales of $2,650–$2,675 million and Adjusted EBITDA of $450–$470 million, up from prior outlook, reflecting strong first-half performance.
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Shareholder Returns Continue
Declared a quarterly dividend of $0.255 per share and repurchased $16.0 million of stock in Q2, with an additional $52.5 million buyback agreement with Magnus Holdings underway.
Analysis · GOLF · Manufacturing
A strong second quarter saw net sales jump 14% to $820 million, fueled by the successful early launch of Titleist GTS drivers and fairways. Net income soared 65% to $124.8 million, boosted by $38 million in IEEPA tariff refunds. Management raised its full-year revenue and Adjusted EBITDA guidance, signaling confidence in sustained demand. The results underscore the company's pricing power and product innovation, though the tariff refunds are a one-time tailwind. The stock is likely to react positively to the beat and raised outlook.
At the time of this filing, GOLF was trading at $105.87 on NYSE in the Manufacturing sector, with a market capitalization of approximately $6B. The 52-week trading range was $73.09 to $119.65. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.