Acushnet Ratings Affirmed by Moody’s
The ratings agency said that GOLF’s growing customer base, engagement, and popularity support a healthy EBITDA margin, with golf consumables helping offset slowing golf club sales. It affirmed Acushnet’s Ba2 corporate family rating, and the Ba3 rating on its senior unsecured notes due 2033, with a stable outlook. While tariffs remain a moderate risk, Acushnet has taken some pricing in golf equipment to mitigate elevated sourcing costs. Moody’s expects GOLF to moderate buy-backs to ... Log in to view full article.