Acushnet reported an increase in third quarter net sales, but a decrease in year-over-year net sales, as well as a decrease in net sales of Titleist golf balls. For that report, click here. Acushnet has also announced the commencement in an offering of shares of its common stock. That release is here.
Acushnet president and CEO Wally Uihlein has unexpectedly announced his retirement at the age of 68. Mike Stachura and E. Michael Johnson has more here for Golfworld.
Achushnet has filed a 284-page countersuit against Costco, alleging that its popular Kirkland Signature balls infringes on 10 of its patents and that its guarantee amounts to false advertising. Mike Stachura has more here for Golf Digest.
Acushnet announced second quarter and year-to-date financial results recently, reporting second quarter net sales down 7.6 per cent year over year and year-to-date net sales down 4.6 per cent year over year, but president and CEO Wally Uihlein is convinced the future is bright. For the company report, click here.
Acushnet president and CEO Wally Uihlein said the golf industry is in a good place and Acushnet is encouraged as that company reported first quarter financial results on Friday. Click here for more.
Acushnet announced fourth quarter and full-year 2016 financial results last week. For the company report, click here.
As first reported by David Dawsey of Golf-Patents.com here, Costco is taking Acushnet to court to seek a declatory judgement that it is not infringing any patent rights owned by Acushnet through the sale of its popular Kirkland Signature golf balls. The complaint adds that Acushnet has wrongfully accused Costco of patent infringement and false […]
Acushnet recently announced its third quarter 2016 results, showing a 3.9 per increase in net sales year over year. For the full report, click here.
The initial public offering of Acushnet Friday on the New York Stock Exchange was a less-than-stellar debut. Dan Adams of the Boston Globe has more here.
Acushnet is expected to make its initial public offering next week on the New York Stock Exchange with share expected to be priced between $21 and $24 each. Dan Adams of the Boston Globe has more here.