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Exhibit 99.1 Acushnet Holdings Corp. Announces Third Quarter and Year - to - Date 2021 Financial Results Third Quarter and Year - to - Date 2021 Financial Results • • • • • Third quarter net sales of $ 521.6 million , up 8.0 % year over year , up 7.0 % in constant currency ; up 25.0 % compared to 2019 Year - to - date net sales of $ 1,727.4 million , up 45.0 % year over year , up 40.9 % in constant currency ; up 31.6 % compared to 2019 Third quarter net income attributable to Acushnet Holdings Corp. of $ 39.3 million , down $ 23.9 million year over year ; up $ 9.5 million compared to 2019 Year - to - date net income attributable to Acushnet Holdings Corp. of $ 205.3 million , up $ 130.9 million year over year ; up $ 102.1 million compared to 2019 Third quarter Adjusted EBITDA of $ 70.3 million , down 29.1 % year over year ; up 26.0 % compared to 2019 • • Year - to - date Adjusted EBITDA of $ 333.3 million , up 80.1 % year over year ; up 70.4 % compared to 2019 Share repurchase program authorization increased by $ 100.0 million in October FAIRHAVEN , MA – November 4 , 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 and nine months ended September 30 , 2021 . " The company delivered a strong third quarter performance , with sales growth versus both last year and pre - pandemic 2019 levels , despite being constrained by supply chain disruptions across all of our segments , ” said David Maher , Acushnet's President and Chief Executive Officer . Maher continued , “ Our golf ball segment performed well against difficult year - over - year comparisons with robust demand across all models and markets . Double digit growth in our Titleist club and FootJoy golf wear segments were fueled by our next generation T- Series irons , continued success of our TSi metals and innovative new FootJoy footwear and apparel products . Our KJUS golf business continues to flourish both in the United States and Europe . " Looking ahead , we anticipate supply chain disruptions to continue throughout the fourth quarter and into 2022. Despite these challenges , we are raising our full - year 2021 guidance . We remain committed to rewarding shareholders through our dividend program and today announced the expansion of our existing $ 100 million share repurchase program to $ 200 million . I am proud of my fellow associates who continue to navigate a complex and dynamic supply chain environment and rise up to these near - term challenges while most importantly keeping our long - term strategies their top priority . ” 1