Fourth Quarter Sales Growth
Acushnet delivered fourth quarter sales of $445 million, up 8% for the period, driven by strong golf equipment sales led by Titleist GT Metals and double-digit gains in gear.
Full Year Financial Performance
Acushnet achieved sales of $2.46 billion in 2024, a 4% constant currency gain, and adjusted EBITDA of $404 million, a 7.5% increase for the year.
Dividend Increase
The Board approved a 9% increase to the quarterly dividend payout in 2025 to $0.235 per share, marking the eighth consecutive annual increase since 2017.
Strong Golf Equipment Segment
Titleist Golf Equipment increased net sales by 7% for the year, with double-digit growth in golf clubs and strong performance in all regions led by the U.S. and Japan.
Healthy Golfer Participation
U.S. rounds increased 2% in 2024 to a record 543 million, with the golfer base increasing by 6% to 28.1 million golfers.