Acushnet increased fourth-quarter sales by 1.9 percent to $233.5 million from a year earlier and cut its operating losses to $24.7 million from $37.3 million. In the full year, the golf company's sales also went up by 1.9 percent to $1.24 billion and the operating loss was trimmed to $91.1 million from $91.5 million. In the fourth quarter, Acushnet had comparable sales gains in all markets and product categories, including a double-digit increase for Titleist clubs, driven by new 910 drivers and Vokey Design wedges. In the full year, Titleist golf clubs and FootJoy golf shoes posted double-digit sales growth thanks to new product launches. Results were also underpinned by growth in Asian sales and favorable currency fluctuations. In December, the parent company Fortune Brands, announced plans to either sell or spin off Acushnet, which comprises its golf business.

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