06:57 AM EST, 02/27/2025 (MT Newswires) -- Acushnet Holdings ( GOLF ) reported a Q4 net loss Thursday of $0.02 per diluted share, narrowing from a loss of $0.41 a year earlier.

Analysts polled by FactSet expected a loss of $0.33.

Net sales for the quarter ended Dec. 31 were $445.2 million, up from $413 million a year earlier.

Analysts surveyed by FactSet expected $454.9 million.

The company said it expects 2025 net sales of $2.49 billion to $2.54 billion. Analysts surveyed by FactSet expect $2.47 billion.

Acushnet said its board has raised the company's quarterly cash dividend to $0.235 per share, payable March 21 to shareholders of record as of March 7, and approved an additional $250 million for its share buyback plan.

Shares of the company were up more than 7% in recent premarket activity on Thursday.

Price: 70.99, Change: +4.84, Percent Change: +7.3