Acushnet Holdings Corp. (GOLF) Q3 2024 Earnings Call Transcript Summary
Acushnet Holdings Corp. (GOLF) Q3 2024 Earnings Call Transcript Summary
Third-quarter gross profit reached $337 million, up 9%, with a gross margin of 54.4%, an improvement of 240 basis points from the previous year.The following is a summary of the Acushnet Holdings Corp. (GOLF) Q3 2024 Earnings Call Transcript:
以下是Acushnet Holdings Corp. (GOLF) 2024年第三季度業績會交流摘要：
Financial Performance:
財務表現：
Acushnet reported Q3 net sales of $621 million, a 5% year-over-year increase, and adjusted EBITDA of $107 million, up 9% from the previous year.
Year-to-date net sales surpassed $2 billion, an increase of 3%, while adjusted EBITDA rose by 4% to $392 million.
Third-quarter gross profit reached $337 million, up 9%, with a gross margin of 54.4%, an improvement of 240 basis points from the previous year.
Acushnet報告第三季度淨銷售額爲62100萬美元，同比增長5%，調整後的EBITDA爲10700萬美元，比去年同期增長9%。
年初至今淨銷售額超過20億美元，增長3%，而調整後的EBITDA上升了4%，達到39200萬美元。
第三季度毛利潤達到33700萬美元，增長9%，毛利率爲54.4%，比去年同期提高了240個點子。
Business Progress:
業務進展：
Titleist Golf Clubs experienced a significant 19% sales increase in Q3, driven by the launch of new GT drivers and Fairway Metals.
Titleist Golf Balls maintained positive feedback and production transition in anticipation of new Pro V1 model launches.
FootJoy is transitioning production lines to a new facility in Vietnam, aiming for enhanced innovation and speed to market.
Titleist高爾夫俱樂部在第三季度經歷了顯著的19%銷售增長，這是由於推出新的Gt球杆和Fairway金屬產品。
Titleist高爾夫球產品保持了積極的反饋，並進行生產轉型以期待新的Pro V1型號的推出。
FootJoy正在將生產線轉移到越南的新工廠，旨在提升創新能力和市場反應速度。
Opportunities:
機會：
Continued U.S. market strength with Q3 net sales up 6% and year-to-date up 7%, coupled with robust consumer demand across all segments.
FootJoy's transition to a new production facility in Vietnam reflects a strategic initiative to foster innovation and address market demands more effectively.
美國市場持續強勁，第三季度淨銷售額上漲6％，年初至今增長7％，並且消費者需求旺盛，涵蓋所有板塊。
FootJoy轉移到越南新生產工廠反映了一項戰略舉措，以促進創新並更有效地滿足市場需求。
Risks:
風險：
Expected decline in Golf Ball sales in Q4 due to the life cycle of products which may impact overall performance temporarily.
FootJoy experiences a decrease in sales by 2% in Q3 and 3% year-to-date, marking challenges in the soft apparel and footwear markets.
預計高爾夫球在第四季度的銷售將下降，這主要是產品生命週期的原因，可能會暫時影響整體業績。
FootJoy在第三季度銷售額下降2％，年初至今下降3％，標誌着軟裝和鞋類市場面臨挑戰。
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：如需更全面的詳情，請參閱投資人關係網站。本文僅供投資者參考，不作任何指引或建議。
譯文內容由第三人軟體翻譯。
