Acushnet Holdings Corp.

Acushnet Holdings Corp. (NYSE:GOLF) is a leading manufacturer and distributor of golf equipment and apparel, founded in 1910 and headquartered in Fairhaven, Massachusetts. The company went public in October 2016 and operates as the parent company of several iconic golf brands, most notably Titleist and FootJoy. With over a century of history in the golf industry, Acushnet has established itself as a premium brand focused on performance-oriented golf products for dedicated golfers worldwide.

Over the past few years, Acushnet has pursued several strategic initiatives to strengthen its market position and operational capabilities. The company has significantly expanded its global fitting network, recognizing that custom fitting services drive premium sales and customer loyalty. This includes investments in both golf equipment fitting and FootJoy footwear fitting capabilities. The company has made substantial investments in digital transformation, developing B2B and direct-to-consumer platforms to better serve retailers and end customers. A new global ERP system implementation is underway to support long-term growth and operational efficiency. Supply chain diversification has been a major focus, particularly the transition of footwear manufacturing from China to Vietnam to reduce costs and tariff exposure. The company is also working to diversify sourcing for other products in response to potential tariff impacts. Product innovation continues with regular launches of new golf ball models, including the 25th anniversary Pro V1 launch in 2025, and new golf club lines like the GT drivers. The company has also expanded its gear business through acquisitions, including Club Glove travel products and increasing its stake in the Titleist Performance Institute. Strategic acquisitions have complemented organic growth, with the company acquiring majority control of TPI (golf fitness and training) and expanding its gear portfolio. The company has also increased its quarterly dividend by 9% and maintained an active share repurchase program, returning over $51 million to shareholders in Q1 2025 alone.