Acushnet Holdings Corp. (GOLF) SEC Filing 10-Q Quarterly report for the period ending Friday, June 30, 2017

Exhibit  99.1

Acushnet Holdings Corp. Announces
Second Quarter and Year-to-Date 2017 Financial Results,

Declares Quarterly Cash Dividend

Second Quarter and Year-to-Date 2017 Financial Results

Quarterly Cash Dividend

FAIRHAVEN, MA – August 11, 2017

Wally Uihlein, Acushnet President and CEO, said, "We are encouraged by what we continue to view as improving structural stability of the golf industry and believe that the broad rationalization is a positive for the commerce of golf.  Near term, the industry is experiencing the effects of the US retail correction as well as the impact of unfavorable weather on rounds played, but we believe that the longer term forecast remains bright.  The dedicated golfer has been Acushnet’s primary focus and our proven strategy to address their needs is the key to our ongoing success.  We remain optimistic about the future and our ability to strengthen our market positions over time."    

David Maher, Acushnet COO, said, "The U.S. retail channel correction and the impact of weather on rounds and fittings have been near term realities affecting the golf industry and our business.  Acushnet associates are executing well while navigating these headwinds.  The growing strength of the ProV1 franchise, Titleist gear and the success of the FootJoy Pro/SL golf shoes are great examples of how we continue to fortify our positions on multiple fronts as we work closely with our trade partners to deliver value added products to dedicated golfers.  We are excited about our upcoming new product introductions and we are looking forward to building upon our brand momentum in the back half of the year."