Global Edition

Golf Industry News - net sales

Fortune Brands, owners of Titleist, FootJoy and Cobra, have reported record fourth-quarter and full-year results. Fortune’s net sales for the last fiscal year of $965.3 million (around £600 million) contrasted with $962.9 million in 1998. Their operating company contribution was $147 million (£92 million) in 1999 compared to $142.9 million in 1998.

Net sales of Spalding Holdings, the parent company of Spalding Sports Worldwide, dropped for the second quarter ending July 3, 1999, to £80 million from £101 million over the same period last year. For the first half of 1999, net sales decreased to £153 million compared with £194 million in 1998. However, profits for the […]

GolfBusinessNews.com (GBN) is for the many thousands of people who work in the golf business all around the world.

We cover the full range of topics both on and off the course. We aim to supply essential information both quickly and accurately in a format which is easy to use. We are independent of all special interest groups.

Subscribe

Click here to sign up for our free twice weekly golf industry news summary

View the latest newsletter here