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Acushnet Holdings Corp. Announces First Quarter 2021 Financial Results Exhibit 99.1 First Quarter 2021 Financial Results • • • • First quarter net sales of $ 580.9 million , up 42 % year over year , up 38 % in constant currency ; up 34 % compared to 2019 First quarter Titleist Brand equipment and gear net sales up 51 % year over year and 38 % vs. 2019. FootJoy Brand net sales up 22 % year over year and 13 % vs. 2019 . First quarter net income attributable to Acushnet Holdings Corp. of $ 85.0 million , up 855 % year over year and up 144 % compared to 2019 First quarter Adjusted EBITDA of $ 135.3 million , up 156 % year over year and up 111 % compared to 2019 FAIRHAVEN , MA – May 6 , 2021 - Acushnet Holdings Corp. ( NYSE : GOLF ) ( " Acushnet " ) , a global leader in the design , development , manufacture and distribution of performance - driven golf products , today reported financial results for the three months ended March 31 , 2021 . " Acushnet is off to a promising start to 2021 as demand for all Acushnet product categories is strong and rounds of play momentum continues . Exceptional validation of new Titleist Pro V1 and Pro V1x golf balls , TSi drivers and FootJoy golf shoes on the worldwide professional tours carries over into strong sell - through and market momentum . Our gear and performance wearables businesses are also in great shape . Sales growth across all segments was fueled by our Product Development teams and the outstanding execution of our Operations teams by keeping pace with strong consumer demand , ” said David Maher , Acushnet Company's President and Chief Executive Officer . " As reflected by our first quarter results , our supply chain is holding up well , and we are confident that our teams will always strive to deliver the highest quality products and service to our trade partners and golfers . " Maher continued , “ I am extremely proud of the continued dedication and agility that the Acushnet team has demonstrated in the current environment . We are well positioned for the future thanks to their hard work and resilience . " 1