Lower club sales and currency headwinds for Acushnet

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.

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