Acushnet Holdings Corp. (NYSE:GOLF) Q3 2023 Earnings Conference Call November 3, 2023 8:30 AM ET

Company Participants

Sondra Lennon – Vice President-Planning, Analysis and Investor Relations

David Maher – President and Chief Executive Officer

Sean Sullivan – Chief Financial Officer

Conference Call Participants

Randy Konik – Jefferies

Megan Alexander – Morgan Stanley

Matthew Boss – JPMorgan

JP Wollam – ROTH MKM

Casey Alexander – Compass Point

Operator

Good morning, everyone, and welcome to the Acushnet Holdings Corp. Third Quarter 2023 Earnings Conference Call. My name is Carla, and I will be your operator for today’s call. [Operator Instructions] I will now hand over to your host, Sondra Lennon, Vice President of Planning, Analysis 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 third quarter 2023 earnings conference call.

Joining me this morning are David Maher, our President and Chief Executive Officer; and Sean Sullivan, 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 nine-month period ended September 30, 2023, and the comparable nine-month period.

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

David Maher

Thanks, Sondra. And good morning, everyone. We appreciate your interest in today's call.