David Maher on growth outlook
From Acushnet CEO David Maher: Golf ball business plays 'outsized role in our profitability' · · CNBC Television
“We expect growth in balls, growth in clubs, growth in FootJoy, growth across segments and regions.”
On , David Maher, President, Chief Executive Officer & Director at ACUSHNET HOLDINGS CORP, spoke about growth outlook during Acushnet CEO David Maher: Golf ball business plays 'outsized role in our profitability' on CNBC Television.
About David Maher
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.
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