1327 ET - Golf-equipment maker Acushnet sources about 6% of its products from China, CFO Sean Sullivan says on a call with analysts, meaning an incremental 10% tariff will likely result in a roughly $7 million headwind for the company. "We are actively exploring actions to mitigate this impact, including leveraging our supply chain and potential pricing actions," Sullivan says. The company has limited exposure to Canada and Mexico, he adds. Acushnet narrows its loss and posts higher revenue in 4Q. Shares edge 0.6% lower after the midpoint of the company's 2025 sales outlook--which doesn't include the effect of tariffs--misses estimates. (connor.hart@wsj.com)
(END) Dow Jones Newswires
February 27, 2025 13:28 ET (18:28 GMT)
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