Golf equipment sales continue to grow, according to Golf Datatech, which tracks sell-through figures at retail stores and green grass shops. This past June, Datatech’s numbers show sales increased 78 percent YTD compared to the same period in 2020. June 2021 sales, according to Datatech, totaled more than $423 million – the second highest […]
Category: Golf Equipment
Tour Edge Golf Launches Limited Edition Pro 721 Series of Metals
Tour Edge Golf, one of the hottest and more innovative companies in the golf equipment industry, today introduced its Limited Edition Exotics Pro 721 Series: the Pro 721 Driver (440cc), Pro 721 Fairway and Pro 721 Hybrid. Only 1000 of each will be made available to the end consumer in this special small batch “Straight […]
Gifts for Father’s Day and Beyond
As Father’s Day and summer approach, it’s time renew the body, spirit and golf bag with new products. Here are a few of my favorites to get you into the summer and beyond. Tour Edge Exotics C721 Driver https://www.touredge.com/ Perhaps the best driver of 2021 and the best driver in the 30-year history […]
Dick’s Sporting Goods “reengineering” its Golf Galaxy business
Dick’s Sporting Goods Executive Chairman Edward Stack said his company, which saw a 119 percent jump in revenue in Q1 of 2021 vs Q1 of 2020, is” completely reengineering’’ its Golf Galaxy business. “The game of golf is in great shape,’’ Stack said in a conference call with Wall Street analysts. “Our golf business has […]
Big Day on Wall Street for Callaway Golf and Dick’s Sporting Goods
One of the biggest days in the recent history of golf’s publicly traded company finished this afternoon with Callaway Golf hitting a 52-week high of $37.29 per share before closing at $37.18. ELY opened this morning at $35.50 per share. Titleist and FootJoy parent Acushnet Co., which recorded a 52-week high of $53.99 this past […]
Golf Pride dominates grip count at PGA Championship
Think Phil Mickelson’s winning performance at this past week’s PGA Championship was dominant? Consider that Golf Pride was the leading grip brand in play at Kiawah Island Resort’s Ocean Course, with 81 percent of the field. Thirteen of the 13 of the 16 players who finished within the Top 10 (and ties), including the 50-year-old […]
SIK Golf, YUMAX Golf sign distribution agreement
SIK Golf, creator of patented Descending Loft Technology, and YUMAX Golf, one of the UK’s leading golf distribution companies, have signed partnership to distribute custom built SIK putters in the UK & Ireland, Europe, South Africa, and the United Arab Emirates. “We are excited to bring SIK putters into Europe, South Africa, and the UAE. […]
Q1 Titleist golf club sales come up big for Acushnet Co.
The Titleist golf ball segment, not suprisingly, led the way in parent Acushnet Company’s Q1 revenue of $581 million compared to $409 million in Q1 of 2020. Acushnet reported ball sales of $174 million in Q1 compared with $116 million during the beginning of Covid-19 in Q1 2020. Dig a little deeper, however, and you’ll […]
Callaway’s Brewer cautiously optimistic about company’s golf ball sales
Callaway Golf’s record first quarter revenue of $652 million included $60.5 million in golf ball sales, a more-than $20 million increase over the first quarter in 2020. That’s not a surprise given that the golf industry was in the beginning stage of the Covid-19 lockdown in Q1 of 2020. The ball sales increase in […]
Pandemic costs forcing Callaway Golf to explore price increases
Callaway Golf Chief Financial Officer Brian Lynch said the company will “explore price increases’’ due to a tight labor market, increased freight costs and increased commodity prices. It should be noted that many companies – large and small- are dealing with the same challenges thanks to the Covid-19 pandemic. Lynch, however, did not elaborate on […]