Acushnet Company's sales improved 4.1 percent in 2104 to $1.54 billion, according to financial documents from its parent Fila Korea. Sales for the parent of Titleist and FootJoy were $1.48 billion in 2013 and $1.45 billion in 2012.
Operating margins, however, slid to 7.1 percent from 8.1 percent in 2013. In 2012, Acushnet's operating margin was 5.5 percent.
In the fourth quarter, Acushnet's sales improved to $324.3 million from $294.2 million in 2013 and $280.9 million in 2012. Its operating margin showed a deficit in 2014 versus a margin of 0.9 percent in 2013.
In 2011, Fila Korea and Mirae Asset Global Investments Consortium acquired Acushnet.
Source:
http://www.sportsonesource.com/news/spor/spor_article.asp?section=4&Prod=1&id=55383
