Subscribe
Font Size
Join our Mailing List
DailyPulse
Home

As we all know golf is a very hard game to play. Its also a difficult business to make money in. The game doesn’t always follow a logical pattern. Explain how Jordan Spieth, #3 in the world rankings, missed the cut at the Waste Management Phoenix Open last week? The golf business can be just as unpredictable.

 

Callaway Golf provided a pleasant surprise when it reported its 2017 financial results. Sales were $1,049 million, a 20% increase compared to 2016. Anyone see that coming? A compelling argument could have made a year ago that a 20% improvement just wasn’t in the cards for any equipment business. Yet, low and behold, Callaway proved otherwise. 

 

In looking deeper into the results, Callaway’s improvement came from a couple of segments. First and foremost, metal woods grew by 42.5%, which equates to $91.8 million. When you divide $91.8 million by the cost of an individual metal wood (somewhere between $250-$400), its an incredible amount of volume that it picked up. What makes this even more impressive is the metal woods category was off double digits in on/off course units sales in 2017, according to Golf Datatech research.

Read more...

 

Polara Golf, the maker of one of the most controversial products in the modern history of golf, has filed for Chapter 11 bankruptcy protection. The Merrifield company — whose legal name is Aero-X Golf Inc. — has less than $1 million in assets and nearly $3 million in liabilities, according to a Chapter 11 petition filed Dec. 13 in U.S. Bankruptcy Court for the Eastern District of Virginia. READ MORE>>>

 

 

 

 

 

 
It didn’t take long for book makers to start looking to make a buck off of Tiger Woods. BookMaker.eu has posted Tiger Woods props for his return to professional golf, as well as the 2018 year.
 
Will Tiger Woods announce retirement from professional golf before January 1, 2019?
Yes +240
No -300
 
How many PGA Tour/European Tour events will Tiger Woods compete in during 2018 calendar year?
Over 5.5
Under 5.5

Read more...

 

Just three days removed from the one-year anniversary of his grandfather Arnold Palmer’s passing, Sam Saunders put his name in golf’s record books with a 12-under 59 at the season-ending Web.com Tour Championship, contested at Atlantic Beach Country Club. Playing on his home course, Saunders recorded 13 birdies on his way to becoming the seventh player in Web.com Tour history to post a round of 59 or better.

Read more...

 
More Articles...