Acushnet Q3 Sales Dip 1.3% as Golf Gear Slides

Acushnet Holdings Corp. reported third-quarter net sales down 1.3 percent year-over-year, with Titleist the lone segment to grow.

Updated on Nov. 4, 2026 in Corporate Finance

Bold flat-color vector editorial illustration of three plain golf balls stacked beside a slim tee on a cream field, evoking a quarter of mixed golf equipment results. — Acushnet Holdings Corp. reported third-quarter net sales down 1.3 percent year-over-year, with Titleist golf equipment the only segment to grow. AI Illustration. Upload story photo >

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Acushnet Holdings Corp. reported consolidated third-quarter net sales decreased 1.3 percent year-over-year on a reported basis and 0.6 percent on a constant-currency basis. Net income attributable to the company rose 1.4 percent to $49.2 million, while Adjusted EBITDA fell 3.3 percent to $114.7 million.

Why it matters

The quarter shows strength concentrated in Titleist Golf Equipment, which grew 0.5 percent, offsetting declines in FootJoy Golf Wear and Golf Gear. The company also reaffirmed its 2026 net sales guidance and narrowed its Adjusted EBITDA outlook.

Acushnet repurchased 616,749 shares for $55.4 million in the third quarter at an average price of $89.81, and declared a quarterly dividend of $0.255 per share. The filing does not address how the company will fund repurchases beyond the current period.

The players

Acushnet Holdings Corp.

A Fairhaven, Massachusetts-based golf equipment and apparel company that owns the Titleist, FootJoy and Golf Gear brands.

The details

Titleist sales rose on higher volumes of recently introduced GTS drivers and fairways and higher average selling prices for Pro V1 golf balls. FootJoy Golf Wear and Golf Gear declined primarily on lower sales volumes across all product categories, with U.S. sales a key driver of the overall decline.

Q3 2026 (July 1 to September 30, 2026): Third-quarter results reported.
October 15, 2026: Company repurchased 583,527 shares from Magnus Holdings Co., Ltd. for $52.5 million.
October 29, 2026: Shares outstanding reported as 57,204,768.
December 4, 2026: Record date for the quarterly dividend.
December 18, 2026: Quarterly dividend of $0.255 per share payable.

Market Landscape

Titleist's premium ball pricing continued to offset weakness in apparel and accessories, a mix pattern that helps the company hold margins in a softer golf retail environment. The result keeps Acushnet reliant on its flagship equipment and ball lines for segment growth.

Shareholders receive a quarterly dividend of $0.255 per share, payable December 18, 2026, to holders of record on December 4. The reported 1.4 percent rise in net income to $49.2 million reflects per-share earnings of 83 cents for the quarter.

The takeaway

Acushnet's results show that premium equipment pricing can carry a quarter even when apparel and gear volumes fall. Investors should watch whether Titleist momentum holds as the company works through tariff refunds and continued buybacks.