Acushnet Holdings Corp. (NYSE:GOLF) Q2 2022 Earnings Conference Call August 4, 2022 8:30 AM ET

Company Participants

Sondra Lennon - Vice President of Financial Planning and Analysis and Investor Relations

David Maher - President and Chief Executive Officer

Thomas Pacheco - Executive Vice President, Chief Financial Officer and Chief Accounting Officer

Conference Call Participants

Kevin Heenan - JPMorgan Chase & Co.

Daniel Imbro - Stephens Inc.

Casey Alexander - Compass Point Research & Trading, LLC

Brian Harbour - Morgan Stanley

George Kelly - ROTH Capital Partners, LLC

Operator

Welcome to today's Acushnet Holdings Corp. Second Quarter 2022 Earnings Conference Call. My name is Jordan, and I'll be coordinating your call today. [Operator Instructions]

I'm now going to hand over to Sondra Lennon, Vice President of FP&A and Investor Relations, to begin. Sondra, please go ahead.

Sondra Lennon

Good morning, everyone. Thank you for joining us today for Acushnet Holdings Corp.'s second quarter 2022 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 those 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 six-month period ended June 30th, 2022, and the comparable six-month period.

With that, I'll turn the call over to David.