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Wall St Engine
@wallstengine
Fast, accurate, consistent stock market news, earnings highlights & more. By Brillinsight. Not financial advice.
Joined March 2022
995 Following    214.3K Followers
ACUSHNET $GOLF Q3โ€™26 EARNINGS HIGHLIGHTS ๐Ÿ”น Revenue: $649.2M (Est. $652M) ๐Ÿ”ด; -1.3% YoY ๐Ÿ”น EPS: $0.83 (Est. $0.98) ๐Ÿ”ด; +2% YoY ๐Ÿ”น Adj. EBITDA: $114.7M (Est. $112M) ๐ŸŸข; -3.3% YoY ๐Ÿ”น Oper Income: $80.34M (Est. $89.9M) ๐Ÿ”ด; -14% YoY FY26 Guide: ๐Ÿ”น Revenue: $2,650M-$2,675M (Est. $2.67B) ๐ŸŸก ๐Ÿ”น Adj. EBITDA: $455M-$470M (Est. $460M) ๐ŸŸก; from $450M-$470M Segment Net Revenue: ๐Ÿ”น Titleist Golf Equipment: $429.8M; +0.5% YoY ๐Ÿ”น FootJoy Golf Wear: $126.2M; -7.5% YoY ๐Ÿ”น Golf Gear: $55.4M; -9.5% YoY Other Q3 Metrics: ๐Ÿ”น Adjusted EBITDA Margin: 17.7%; -30 bps YoY ๐Ÿ”น Net Income: $49.2M; +1.4% YoY Key Updates: ๐Ÿ”น Net IEEPA Tariff Refunds: ~$30M expected in FY26 Comments: ๐Ÿ”ธ โ€œLooking ahead, we are reaffirming our full-year revenue outlook and narrowing our Adjusted EBITDA outlook toward the high end of the range.โ€ ๐Ÿ”ธ โ€œContinued growth from golf balls contributed to Acushnetโ€™s performance in the third quarter, with net sales down 1% following the accelerated second quarter timing of our GTS metals launch.โ€
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