Trade Acushnet Holdings Corp - GOLF CFD

About Acushnet Holdings Corp

Acushnet Holdings Corp. is engaged in the design, development, manufacture, and distribution of golf products. The Company’s segments include Titleist golf balls, Titleist golf clubs, Titleist golf gear, and FootJoy golf wear. The Titleist golf balls segment is engaged in the design and manufacturing a golf ball. The Titleist golf clubs segment designs, assembles, and sells golf clubs (drivers, fairways, hybrids and irons) under the Titleist brand, wedges under the Vokey Design brand and putters under the Scotty Cameron brand. The Titleist golf gear segment includes golf bags, headwear, golf gloves, travel products, headcovers, and other golf accessories. The FootJoy golf wear segment includes golf shoes, gloves, and apparel. The Company’s products include golf balls, golf clubs, wedges and putters, golf shoes, golf gloves, golf gear, and golf and ski outerwear and apparel. The Company designs, manufactures, and markets a range of products under the Titleist, FootJoy and KJUS brands.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Acushnet Holdings Corp revenues increased 33% to $2.15B. Net income increased 86% to $178.9M. Revenues reflect FootJoy golf wear segment increase of 40% to $580.6M, Titleist golf balls segment increase of 31% to $667.6M, Titleist golf clubs segment increase of 32% to $551.5M, United States segment increase of 34% to $1.13B, EMEA segment increase of 35% to $296M, Korea segment increase of 31% to $322.6M.