Subscribe
Font Size
Join our Mailing List
DailyPulse
Home Daily Golf Briefs Daily Pulse for May 15, 2017

 

ad3

Web Street Golf Daily Pulse
VOLUME 7, NUMBER 95                                                         
Monday, May 15, 2017

ANY IDEA WHO SAID THIS? “There's three things with surgery. You hope the Doctor does well. And then you got to hope that you can recover. I'm 41, I'm on the back nine for sure. My Doctor was incredible, my therapy went well and then I healed well and I was back in seven months. You don't know until you hit the ground if something is going to happen. I went slowly. And then I was full steam. Then Callaway dropped me and then I started to get more mad and then I was determined. Todd Rhinehart gave me a spot in Malaysia and that was unbelievable of him, because I really didn't deserve one. I finished 33rd, and then 7th in Vegas and I thought, you know, I can do this. Then I put the PXG's in and went down to Mayakoba and won and I cannot believe what's transpired in seven months here.”

BRAIN TEASER: In the 2016 PLAYERS Championship there were a total of 36 balls pumped into the water at the par-3 17th hole. Do you think 2017 was above or below that number?

CORRECTION: In Friday’s issue under the title of BELIEVE WHAT YOU WILL? an error was made. It was reported that TaylorMade spent 164 million euros in 2016 on research and development. This figure actually represents the total expense for all of adidas, which included TaylorMade. The specific amount it allocated towards its golf division was not divulged.

COMPARE AND CONTRAST: Callaway Golf reported first quarter sale of $309 million. It said U.S. sales were up 12.4%, Europe +13.8% (+22.2% in constant currency terms) and Japan +18.4% (+17.2% in constant currency terms). Acushnet reported first quarter net sales of $433.6 million. Its first quarter sales in the U.S. were down 3%, Europe Middle East Asia -7.2% (+0.8% in constant currency terms) and Japan -9.5% (-10.6% in constant currency terms). Acushnet broke out Korea on a stand-alone basis and it grew by 29.4% (-24.1% in constant currency terms) in the reporting period!

INSIDER SELLING: It would seem the strong start to the golf season, implied by Callaway’s recent financial performance has led some insiders to cash in. Thanks to the recent run up in Callaway shares a few decided not to look a gift horse in the mouth.

Neil Howie, Managing Director, Europe Middle East and Asia, sold 37,069 shares of company stock in a transaction dated Thursday, May 11th. The shares were sold at an average price of $13.10, for a total value of $485,603.90. SVP Richard H. Arnett sold 30,204 shares of the stock back on May 8th. The shares were sold at an average price of $12.68, for a total transaction value of $382,986.72.

SVP Alan Hocknell sold 29,931 shares of the company’s stock on May 5th. The shares were sold at an average price of $13.30, for a total transaction value of $398,082.30.  Doc Hoc, as he’s known within the company, also 10,759 shares at an average price of $11.60, for a total transaction of $124,804.40 on April 17th.

SURPRISE? Inside Acushnet’s first quarter sales of $433.6 million, the category that contributed the greatest volume came from none other than FootJoy. It had sales of $142.2 million, while Titleist golf ball sales were $134.2 million! FootJoy sales were down 1.7% from a year ago or 0.4% in constant currencies, while golf balls were up 2.9% or 3.1% in constant currencies.

WINNER’S CLUBS:  Si Woo Kim began the final round two strokes off the lead and posted the only bogey-free final round, a 3-under 69, to win THE PLAYERS Championship. He is the first winner on TOUR to go bogey-free over his last 18 holes since Jordan Spieth earlier this season at the AT&T Pebble Beach Pro-Am, and the first PLAYERS champion to do so since Tim Clark in 2010. Kim ranked second for the week in Strokes Gained: Off the Tee and Strokes Gained: Tee to Green. For the season, he ranks 195th and 194th on TOUR, respectively. Kim led the field in Scrambling (22 of 27). Kim is the first player from Asia to win twice on the PGA TOUR before the age of 22. Here is what Si Woo Kim had in the bag to win the 2017 PLAYERS Championship:

Driver: TaylorMade M1 2017 (8.5 degrees)
Fairway Woods: TaylorMade M1 2017 (15, 19 degrees)
Irons: TaylorMade P-770 (3 and 4 iron), TaylorMade P-750 Tour Proto (5-9 iron)
Wedges: Titleist Vokey SM6 (48-08 F-Grind, 54-08 M-Grind and 59 J Grind)
Putter: Scotty Cameron 009M
Ball: TaylorMade TP5x

Si Woo Kim’s– Numbers for the week:
Eagles: 1
Birdies: 14
Pars: 51
Bogeys: 6
Double Bogeys: 0
Cumulative Score: 278

WEB GEMS:

THE UPS AND DOWNS OF A PRO LIFE: Danny Willett admitted his body and mind need a rest after his disappointing season continued with a withdrawal from the prestigious Players Championship due to a back injury. Willett, who split with long-time caddie Jonathan Smart last month, was 11 over par for the so-called 'fifth major' when he retired after nine holes of the second round. READ MORE>>>

NOW YOU SEE ME, NOW YOU DON’T? An MRI scan on his injured back when he returns to Belfast will determine whether or not Rory McIlroy will be able to compete in next week’s BMW PGA Championship at Wentworth. “There’s so many unknowns because we don’t even know, unless you get an image taken of it and you know exactly what’s going on you don’t know,” said McIlroy of the injury concerns. READ MORE>>>

YOUNGEST OF THEM ALL! Si Woo Kim made Sunday at The Players Championship look like child's play. From a tough lie behind the green, in a bunker with not much room between him and the pin, or even standing on the 17th tee and staring at an island, the 21-year-old South Korean never flinched and never made worse than par. Kim kept a clean card to the end for a 3-under 69 to become the youngest champion in the 44-year history of the biggest tournament this side of the majors. "I feel like I'm still dreaming that I won this championship," Kim said after his three-stroke victory. READ MORE>>>

ANSWERS: “There's three things with surgery. You hope the Doctor does well. And then you got to hope that you can recover. I'm 41, I'm on the back nine for sure. My Doctor was incredible, my therapy went well and then I healed well and I was back in seven months. You don't know until you hit the ground if something is going to happen. I went slowly. And then I was full steam. Then Callaway dropped me and then I started to get more mad and then I was determined. Todd Rhinehart gave me a spot in Malaysia and that was unbelievable of him, because I really didn't deserve one. I finished 33rd, and then 7th in Vegas and I thought, you know, I can do this. Then I put the PXG's in and went down to Mayakoba and won and I cannot believe what's transpired in seven months here.”--Pat Perez.

In 2017 there were 58 balls knocked into the water on the 17th hole before Sunday’s round. Sunday saw another 11 balls for a cumulative total of 69 for the week.

THE INFORMATION CONTAINED IS BELIEVED TO BE RELIABLE, BUT IT IS NOT GUARANTEED. THE OPINION EXPRESSED IS THAT OF TERRY MCANDREW AND SHOULD NOT BE CONSIDERED A SOLICITATION TO BUY OR SELL SECURITIES IN ANY OF THE COMPANIES DISCUSSED WITHIN THIS NEWSLETTER. CONTENTS OF THIS NEWSLETTER MAY NOT BE REPRINTED OR REBROADCAST WITHOUT THE EXPRESSED WRITTEN CONSENT OF TMAC GOLF