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Golf Giants Shine Amid Market Challenges

News Summary

Despite economic fluctuations, leading golf equipment manufacturers Acushnet and Topgolf Callaway have reported resilience in their sales. Acushnet’s Titleist equipment showed increased sales, while Topgolf Callaway maintained a strong performance despite a temporary decline. Both companies project optimistic revenue growth for 2025, indicating a sturdy demand for quality golf gear. Investor confidence remains high as their stocks rise following positive earnings reports.

Golf Giants Shine Despite Market Hurdles

In a world where golf swings in rhythm with the ups and downs of the economy, recent reports from two of the biggest names in the golf equipment game have revealed a surprising level of resilience. Acushnet Holdings Corp., the proud parent of renowned brands like Titleist and FootJoy, along with Topgolf Callaway Brands, home to popular names such as Callaway Golf and Odyssey, both unveiled their Q3 earnings reports this week.

Swinging Numbers: Topgolf Callaway’s Performance

Topgolf Callaway has reported impressive golf equipment sales, reaching $1.161 billion during the first nine months of 2025. This reflects a discerning increase of 0.3% compared to the same timeframe in 2024, showcasing that even amid challenges, consumers are still attached to their golf gear. The operating income from their equipment segment rose a significant 7.9% to $201 million.

Although the third quarter saw an 8% decline in sales compared to last year, if you exclude the sale of the Jack Wolfskin brand, there was a glimmer of hope with an increase of 3%. It’s clear that Topgolf Callaway’s diversity in the product line keeps them competitive in a tight market.

Acushnet’s Winning Streak Continues

Turning to Acushnet, they have reported year-to-date sales of Titleist equipment hitting an impressive $1.303 billion, marking a robust 4.9% uptick. Golf balls have been particularly popular, contributing $677.9 million to this total, while golf clubs brought in $624.6 million. Acushnet also announced an adjusted EBITDA reaching $400.6 million, which represents a 2.2% increase. Even more thrilling is the report of FootJoy, which saw a positive turn with its first quarterly sales increase in two years, hitting $136.5 million—up by 4%.

Profit Variations: A Mixed Bag

$48.5 million for the third quarter, reflecting a drop of 14%, primarily due to increased tax burdens. Meanwhile, Topgolf Callaway faced challenges with a net loss of $14.7 million in Q3. Such fluctuations highlight the ongoing difficulties within the sector, exacerbated by tariffs and the sale of the Jack Wolfskin brand that affected their bottom line.

Year-to-date, Topgolf Callaway’s profits have collapsed by an astonishing 88% to just $7.7 million from an overall sales figure of $3.14 billion. In contrast, Acushnet managed to see a year-to-date profit increase of almost 4%, totalling $223.4 million from sales of $2.08 billion.

Looking Ahead with Optimism

$2.52 billion to $2.54 billion, while Topgolf Callaway expects to see $3.9 billion to $3.94 billion. This kind of forward-thinking can only bode well for the future of the golf equipment industry.

Market Resilience

On the stock front, both companies received some positive news following their earnings releases, with Acushnet’s shares rising 3.2% and Topgolf Callaway’s soaring by 4.6%. This reflects investor confidence that the golf equipment market is far from sinking, and it’s very much still driving forward.

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Author: STAFF HERE DALLAS WRITER

The DALLAS STAFF WRITER represents the experienced team at HEREDallas.com, your go-to source for actionable local news and information in Dallas, Dallas County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as the State Fair of Texas, Deep Ellum Arts Festival, and Dallas International Film Festival. Our coverage extends to key organizations like the Dallas Regional Chamber and United Way of Metropolitan Dallas, plus leading businesses in telecommunications, aviation, and semiconductors that power the local economy such as AT&T, Southwest Airlines, and Texas Instruments. As part of the broader HERE network, including HEREAustinTX.com, HERECollegeStation.com, HEREHouston.com, and HERESanAntonio.com, we provide comprehensive, credible insights into Texas's dynamic landscape.

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