Financial

Acushnet suffers setback in Q4, but had a solid year thanks to global golf boom

By Bob McGee 2022-03-02T11:08:00

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The Titleist, FootJoy and Kjus parent reported a fourth-quarter operating loss of $21.9 million versus an operating profit of $27.1 million. The reported net loss was $26.4 million for the period ended Dec. 31. Quarterly revenues were essentially flat at $420.6 million versus $420.5 million. Sales in the EMEA rose ...

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