Acushnet had a mixed first quarter, hampered by lower sales of Titleist golf clubs and currency headwinds. The company saw its net income drop by 15.9 percent year-on-year to $34.9 million. Revenues fell by 1.8 percent to $433.7 million, but they increased by 1 percent on a constant-currency basis.
Already an SGI Europe subscriber? Sign in here
To continue reading subscribe now. Your membership benefits:
for just 49€/month
Alternatively, try SGI Europe for 1€ for 30 days START YOUR 30-Day TRIAL NOW
If you are interested in a Team or Corporate subscription, click here to find out more