Net income attributable to shareholders rocketed 857% higher to $84,958,000 in the first quarter from $8,877,000 last year, on revenues that were up 42% to $580,885,000 from $408,741,000 and increased 34% over 2019. Titleist clubs, balls and gear contributed a 51% gain and Footjoy was up 22%, as soaring rounds of play and consumer demand that developed through the back half of 2020 continued into Q1.

Ball sales were up 49% to $173.6 million on a strong Pro V1 launch in the quarter, which overcame headwinds of delayed production last fall, compounded by a two week manufacturing shutdown after Texas storms ... Log in to view full article.