Acushnet reports $38.9M profit in Q2: U.S. sales rise as int’l sales fall

ACUSHNET HOLDINGS CORP., parent company of the Titleist and FootJoy brands, reported a profit of $38.9 million in the second quarter of 2019. / COURTESY TITLEIST GOLF
ACUSHNET HOLDINGS CORP., parent company of the Titleist and FootJoy brands, reported a profit of $38.9 million in the second quarter of 2019. / COURTESY TITLEIST GOLF
FAIRHAVEN – Acushnet Holdings Corp. reported a 3.6% drop in net income in the second quarter of 2019 to $38.9 million, or 51 cents per diluted share, on revenue of $462.2 million, a 3.3% decline over the year. Sales of Titleist golf balls increased 0.6% to $173.3 million in the quarter compared with the same…

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