Acushnet Holdings, citing strong first half sales, today raised its constant currency full-year revenue outlook to $2.2-$2.25 billion from $2.175-$2.225 billion previously. GOLF, citing currency headwinds, higher freight costs and investments, is maintaining its full-year adjusted EBITDA guidance of $325-$345 million.

Second quarter net income was down 17% at $68.2 million versus $82.5 million, though sales rose 5% (11% CC) to $658,599,000 from $624,850,000 with growth across all segments due to higher sales volumes and higher average selling prices. U.S. sales were 11% higher at $351.4 million. EMEA revenues declined 6% (+5% ... Log in to view full article.