Acushnet Holdings Corp. (NYSE:GOLF) Q1 2023 Earnings Conference Call May 4, 2023 8:30 AM ET
Company Participants
Sondra Lennon - VP, Financial Planning & Analysis
David Maher - President and CEO
Tom Pacheco - CFO
Conference Call Participants
Daniel Imbro - Stephens
Casey Alexander - Compass Point
JP Wollam - ROTH Capital Partners
Noah Zatzkin - KeyBanc
Ivan Feinseth - Tigress Financial
Operator
Hello everyone and thank you for standing by. Welcome to the Acushnet Company's First Quarter 2023 Earnings Call. My name is Emily and I'll be coordinating your call today. [Operator Instructions]
I will now turn the call over to our host Sondra Lennon, Vice President of Financial Planning and Analysis. Please go ahead.
Sondra Lennon
Good morning, everyone. Thank you for joining us today for Acushnet Holding Corp's first quarter 2023 earnings conference call. Joining me this morning are David Maher, our President and Chief Executive Officer; and Tom Pacheco, our Chief Financial Officer.
Before I turn the call over to David, I would like to remind everyone that we will be making forward-looking statements on the call today. These forward-looking statements are based on Acushnet's current expectations and are subject to uncertainty and changes in 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 metrics, including items such as revenues at constant currency and adjusted EBITDA. Explanations of how and why we use these metrics and reconciliations of these items to a GAAP basis 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 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 will refer to the 3 month period ended March 31, 2023 and the comparable 3 month period.
With that, I'll turn the call over to David.
David Maher
Thanks, Sondra, and good morning, everyone.
As always, we appreciate your interest in Acushnet Holdings. I am pleased to report on a strong start to the year and as reflected by our results, the Acushnet team is excelling on the product development, manufacturing, and supply chain management fronts. My talented teammates are doing great work adapting and strengthening our capabilities, adding agility and capacity to keep pace with steady demand.