Acushnet reported a solid fourth quarter with net sales growth of 7.2%, driven primarily by strong performance in Titleist golf equipment. However, the company swung to a net loss of $34.9 million for the quarter, largely due to a $17.0 million loss on debt extinguishment and increased operating losses. Despite the quarterly loss, the company increased its dividend and provided a positive outlook for 2026.
Fourth quarter net sales increased 7.2% to $477.2 million, led by a 10.2% jump in Titleist golf equipment sales.
The company reported a net loss of $34.9 million in Q4, compared to a $1.1 million loss in the prior year, impacted by debt refinancing costs.
Quarterly cash dividend was increased by 8.5% to $0.255 per share.
Full year 2026 outlook projects net sales between $2.625 billion and $2.675 billion with Adjusted EBITDA up to $435 million.
Acushnet expects continued growth in 2026 with net sales projected to increase approximately 3.6% at the midpoint.
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