ACUSHNET $GOLF Q3’26 EARNINGS HIGHLIGHTS 🔹 Revenue: $649.2M (Est. $652M) 🔴; -1.3% YoY 🔹 EPS: $0.83 (Est. $0.98) 🔴; +2% YoY 🔹 Adj. EBITDA: $114.7M (Est. $112M) 🟢; -3.3% YoY 🔹 Oper Income: $80.34M (Est. $89.9M) 🔴; -14% YoY FY26 Guide: 🔹 Revenue: $2,650M-$2,675M (Est. $2.67B) 🟡 🔹 Adj. EBITDA: $455M-$470M (Est. $460M) 🟡; from $450M-$470M Segment Net Revenue: 🔹 Titleist Golf Equipment: $429.8M; +0.5% YoY 🔹 FootJoy Golf Wear: $126.2M; -7.5% YoY 🔹 Golf Gear: $55.4M; -9.5% YoY Other Q3 Metrics: 🔹 Adjusted EBITDA Margin: 17.7%; -30 bps YoY 🔹 Net Income: $49.2M; +1.4% YoY Key Updates: 🔹 Net IEEPA Tariff Refunds: ~$30M expected in FY26 Comments: 🔸 “Looking ahead, we are reaffirming our full-year revenue outlook and narrowing our Adjusted EBITDA outlook toward the high end of the range.” 🔸 “Continued growth from golf balls contributed to Acushnet’s performance in the third quarter, with net sales down 1% following the accelerated second quarter timing of our GTS metals launch.”