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Acushnet Holdings' (GOLF) CEO David Maher on Q4 2017 Results - Earnings Call Transcript

Mar. 07, 2018 1:49 PM ETAcushnet Holdings Corp. (GOLF)
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Acushnet Holdings Corp. (NYSE:GOLF) Q4 2017 Earnings Conference Call March 7, 2018 8:30 AM ET


Anthony Takazawa - Vice President, Investor Relations

David Maher - President and Chief Executive Officer

William Burke - Executive Vice President, Chief Financial Officer and Treasurer


Randy Connick - Jeffries

Julie Kim - Nomura Securities

Kimberly Greenberger - Morgan Stanley

Michael Schwartz - SunTrust Robinson Humphrey

David King - ROTH Capital Partners, LLC

Andrew Burns - D.A. Davidson & Co.

Timothy Conder - Wells Fargo Securities

Casey Alexander - Compass Point Research & Trading LLC


Good morning. My name is Sharon, and I will be your conference operator today. At this time, I would like to welcome everyone to the Q4 2017 Acushnet Holdings Corp., Earnings Call. All lines have been placed on mute to prevent any background noise. After the speakers’ remarks, there will be a question-and-answer session. [Operator Instructions] Thank you.

Tony Takazawa, you may begin you conference.

Anthony Takazawa

Thank you. Good morning and welcome to Acushnet Holdings call to discuss our financial results for the fourth quarter and full-year 2017. This morning we are joined by Acushnet’s President and CEO, David Maher. David will provide commentary on the conditions in the golf industry and discuss the performance of our business across our segments and geographies. Next, Acushnet’s CFO, Bill Burke, will spend some time discussing our overall financial results for the quarter and full-year.

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 our filings with the U.S. Securities and Exchange Commission.

Throughout this discussion, we will be

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