Acushnet’s comparable results rise sharply

2011-05-06T00:00:00

Acushnet, the golf division of Fortune Brands that is up for sale, raised its revenues by 4.7 percent in the first quarter to $370.1 million, but the operating profit slipped by 2.5 percent to $43.3 million. Excluding restructuring and other charges, operating profit fell by 0.5 percent to $43.9 million.

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