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Confident Callaway

November 4th, 2016

Chip Brewer, President and Chief Executive Officer of Callaway Golf Company, whose third quarter results we report today, expresses confidence in his Company’s future. See below for further details. It’s good to be able to give yet another example of positive thinking in the golf industry.

Geoff Russell, Publisher

gbc@golfbusinesslinks.net

@GBNPublisher

 

Callaway Golf Company Announces Third Quarter 2016 Financial Results

Callaway Golf Company Announces Third Quarter 2016 Financial Results

Corporate     1:41 pm, November 4, 2016

Third quarter 2016 net sales increased 6.9% to $188 million, compared to $176 million for the same period in 2015. Cash provided by operating activities for the first nine months of 2016 increased by $57 million (over 200%) to $86 million compared to $28 million for the same period in 2015

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Toro Company to acquire German-based Regnerbau Calw GmbH

Toro Company to acquire German-based Regnerbau Calw GmbH

Corporate     12:37 pm, November 4, 2016

Acquisition of the Perrot brand expands professional irrigation product portfolio in sports field and agricultural spaces

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Another year of spectacular growth for European Tour Properties

Another year of spectacular growth for European Tour Properties

Travel     12:31 pm, November 4, 2016

European Tour Properties returns to the International Golf Travel Market for the ninth consecutive year – complete with six new additions to its portfolio of prestigious golf venues

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John Deere shows new commercial mowers at SALTEX

John Deere shows new commercial mowers at SALTEX

New Products     12:25 pm, November 4, 2016

John Deere is expanding its range of commercial walk-behind mowers with the launch of the new PRO 53MV model, which was shown in public for the first time at SALTEX 2016 at the NEC this week

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Carin Koch and Syngenta love.golf

Carin Koch and Syngenta love.golf

Growing the Game     12:24 pm, November 4, 2016

Ladies European Tour star introduces love.golf the pioneering social coaching programme, to staff at Syngenta’s global headquarters in Switzerland

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Luxury Carts Arabia Appointed New Ransomes Jacobsen Distributor for UEA

Luxury Carts Arabia Appointed New Ransomes Jacobsen Distributor for UEA

Corporate     12:06 pm, November 4, 2016

Ransomes Jacobsen, the Ipswich-based manufacturer of turf maintenance equipment, has appointed a new distributor to strengthen its position in the United Arab Emirates and the Middle East

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New Golf Survey Reveals The Algarve As Number 1 UK Choice

New Golf Survey Reveals The Algarve As Number 1 UK Choice

Travel     12:05 pm, November 4, 2016

The southern Portuguese coastline, which boasts 43 fabulous courses, is celebrating new recognition of its enduring appeal to the British market following a poll among the readers of ‘Today's Golfer’ and ‘Golf World’ magazines

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CPD Points available for attendees at 59club’s ‘Sales, Service & Retention Roadshow’

CPD Points available for attendees at 59club’s ‘Sales, Service & Retention Roadshow’

Management Topics     11:53 am, November 4, 2016

The PGA, GCMA, CMAE & BIGGA are encouraging their members to attend 59club’s ‘Sales, Service & Retention Roadshow’ and are offering CPD points for attendance at a single event

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Old Sports Christmas Auction

Old Sports Christmas Auction

Salesroom & Memorabilia     11:52 am, November 4, 2016

It contains over 400+ lots covering all categories of golfing memorabilia, but two major consignments make this auction particularly noteworthy

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PowaKaddy Launches Christmas Cart Bag Promotion

PowaKaddy Launches Christmas Cart Bag Promotion

Corporate     11:26 am, November 4, 2016

PowaKaddy has launched an exciting new cart bag promotion in the run up to Christmas, which will see golfers receive a free cart bag when they purchase any lithium powered trolley

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APGS 2016 Hits All The Right Notes

APGS 2016 Hits All The Right Notes

Exhibitions & Conferences     11:22 am, November 4, 2016

The 2016 Asia Pacific Golf Summit explored the future of the golf club industry, the role and importance of effective marketing and experiential-generating service to grow the club industry in Asia

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Twice The Tech With New Callaway Rangefinder

Twice The Tech With New Callaway Rangefinder

Corporate     11:22 am, November 4, 2016

New range includes Hybrid model that combines Laser and GPS

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Advance tickets for the 2017 Senior Open Championship go on sale

Advance tickets for the 2017 Senior Open Championship go on sale

Sponsorship     11:21 am, November 4, 2016

Welsh wizards banking on strong home support as advance tickets for the Senior Open Championship Presented by Rolex go on sale

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New John Deere compacts launched at SALTEX

New John Deere compacts launched at SALTEX

New Products     11:21 am, November 4, 2016

This week John Deere has launched its new 2R Series compact tractors to the UK and Irish markets

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AQUA-AID returns to SALTEX after progressive year

AQUA-AID returns to SALTEX after progressive year

Corporate     11:20 am, November 4, 2016

AQUA-AID Europe exhibited at SALTEX for the second time this week after a successful twelve months of bringing their range of products to the UK and European market

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Sustainable Golf Tournament Standard Consultation Launched

Sustainable Golf Tournament Standard Consultation Launched

Management Topics     9:17 am, November 3, 2016

Industry leaders are calling for input into the creation of sustainable best practices for golf tournaments around the world

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The Unsung Heroes of Tournament Support

The Unsung Heroes of Tournament Support

Corporate     9:17 am, November 3, 2016

At Hazeltine National Golf Club the greens looked amazing and played even better. In the background a team of unsung heroes, led by Chris Tritabaugh, Hazeltine Course Superintendent, worked tirelessly round the clock to deliver the championship conditions that made the Tournament so special

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CMAA Stalwarts set for BMI Leadership Course at TPC Kuala Lumpur

CMAA Stalwarts set for BMI Leadership Course at TPC Kuala Lumpur

Management Topics     9:16 am, November 3, 2016

Respected industry stalwarts Jason Koenigsfeld and Dr Jack Ninemeier will share their wealth of knowledge with delegates at the third course to be offered under the Business Management Institute Asia Pacific education programme

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‘Fairway to heaven’ – Queen’s Chaplain gives golfers spiritual advice

‘Fairway to heaven’ – Queen’s Chaplain gives golfers spiritual advice

Courses     9:16 am, November 3, 2016

Golfers at one of the world’s most prestigious courses are being given spiritual advice by a Chaplain to Her Majesty the Queen

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Vietnam to attract record tour operator turnout for 6th Asia Golf Tourism Convention

Vietnam to attract record tour operator turnout for 6th Asia Golf Tourism Convention

Travel     9:15 am, November 3, 2016

With six months still to go to the 6th annual Asia Golf Tourism Convention (AGTC), the event this week received its 200th registration from international golf tour operators

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