Acushnet CEO David Maher: Golf ball business plays 'outsized role in our profitability'
David Maher, Acushnet Holdings CEO, joins 'The Exchange' to discuss Acushnet Holdings' stock and recent earnings, predictionsΒ ...
President, Chief Executive Officer & Director, Acushnet Holdings
Search every verified David Maher interview, podcast appearance, and on-the-record quote β each transcript cross-checked by AI and human review to confirm speaker identity. In a September 2024 interview, David Maher discussed Acushnet Holdings' performance and outlook from a Titleist golf ball manufacturing facility in New Bedford, Massachusetts. He described the company's 2023 performance as "a great success" and noted that the business had grown "over 40% in the last couple of years." Maher stated that the company expects growth across its segments, including balls, clubs, and FootJoy, and said the ball business "plays an outsized role in our profitability." Maher also commented on the broader golf industry, saying that "the industry fundamentals are strong" and that the company is "optimistic about the golf opportunity." He cited a surge in participation, with the number of players up "some 20 odd percent," and noted that rounds of play globally were around 950 million in the prior year, approximately 150 million more than in 2019.
“The ball business certainly plays an outsized role in our profitability, as does the Titleist club business, which is based on the West Coast.”
“We expect growth in balls, growth in clubs, growth in FootJoy, growth across segments and regions.”
“We look at our performance in 2023, it was a great success. Our business up over 40% in the last couple of years.”
“The industry fundamentals are strong and we have terrific brand momentum with all of our brands. So we're optimistic about the golf opportunity.”
“Golf's been through quite a surge in the last handful of years. The number of players up some 20 odd percent.”
“Rounds of play around the world indexed right around 950 million rounds last year, that's about 150 million rounds per year more than we saw in 2019.”
David Maher, Acushnet Holdings CEO, joins 'The Exchange' to discuss Acushnet Holdings' stock and recent earnings, predictionsΒ ...
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