Acushnet Holdings Corp. (GOLF) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Thank you for joining us today for a Cushnet Holding Corp first quarter 2025 earnings conference call. Joining me this morning are David Marr, our president and chief executive officer, and Sean Sullivan, our chief financial officer. Before turning the call over to David, I would like to remind everyone that we will make forward-looking statements on the call today. These forward-looking statements are based on a Cushnet's current expectations and are subject to uncertainty and changes and circumstances. Actual results may differ materially from these expectations. For a list of factors that could cause actual results to differ, please see today's press release, the slides that accompany our presentation, and our filings with the U.S. Securities and Exchange Commission. Throughout this discussion, we will make reference to non-GAAP financial measures including items such as net sales on a constant currency basis and adjusted EBITDA. Explanations of how and why we use these measures and reconciliations of these items to the most directly comparable GAAP measures can be found in the schedules in today's press release, the slides that accompany this presentation, and in our filings with the U.S. Securities and Exchange Commission. Please also note that references throughout this presentation to year on year net sales increases and decreases are on a constant currency basis, unless otherwise stated, as we feel this measurement best provides context as to the performance and trends of our business. And when referring to year to date results or comparisons, we are referring to the three month period ended March 31st, 2025, and the comparable three-month period in 2024. With that, I'll turn the call over to David. Thanks, Sandra, and good morning, everyone. As always, we ap...