Golfing News & Blog Articles

Q3 Financial Reports: Callaway and Acushnet – Key Takeaways

Callaway sales top $988 million in Q3 with $38.5 million in net profit.The new Topgolf Callaway Brands expects to hit nearly $4 billion in sales in 2022.Acushnet Q3 sales top $558 million with nearly $52 million in profit.Acushnet projects 2022 sales to approach $2.25 billion.

 

Golf’s two biggest publicly traded companies officially have closed the books on 2022’s Q3. And it doesn’t take a financial wizard to realize Acushnet and the newly rebranded Topgolf Callaway Brands aren’t playing the same game as PING, TaylorMade, COBRA or anyone else, for that matter.

You can’t even say they’re playing chess while everyone else is playing checkers. It’s more like Acushnet and Topgolf Callaway are playing three-dimensional chess in while everyone else is playing Chutes and Ladders.

Or Old Maid.

Or Go Fish.

Tiger Woods will team up with world No. 1 golfer Rory McIlroy against Justin Thomas and Jordan Spieth in The Match on Dec. 10.

 

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Cleveland HB SOFT Milled Putters

Key Takeaways

Updates to Cleveland’s Value putter line.Ten models: six for slight arc, four for straight back/straight through strokesOptional UST Mamiya All-In carbon fiber-steel shaft$199.99 in steel, $249.99 with All-In shaft. Available Nov. 18

 

If you’re looking for a new flatstick, Cleveland HB SOFT Milled putters check an awful lot of boxes.

Do you like a milled look? Check.

Do you like a milled look but don’t want to pay $400? Check.

Do you like a milled look, don’t want to pay $400 and would like some face technology? Check.

Russell Henley finished at 23-under 261 to tie the tournament record in the World Wide Technology Championship at Mayakoba.

Bernhard Langer now has 44 career Champions Tour victories, one away from matching the record Hale Irwin set from 1995 to 2007.

Gemma Dryburgh of Scotland won her first LPGA Tour title with a final-round 7-under 65 on Sunday to take the Toto Classic by four shots ahead of Japan's Kana Nagai. Nagai also closed with a 65.

Russell Henley rolled in a 25-foot birdie putt on his first hole and never really let up Saturday until he had a 6-under 65 and doubled the size of his lead to six shots in the World Wide Technology at Mayakoba.

Bernhard Langer beat his age by two shots Saturday with a 9-under 63, giving him a one-shot lead in the TimberTech Championship and a chance to move closer to the PGA Tour Champions record for career wins.

Dow Finsterwald, who was the first player to win the PGA Championship in stroke play and the last U.S. captain of a Ryder Cup before continental Europe was invited to join, has died at 93.

Momoko Ueda of Japan shot a 4-under 68 on Saturday to take a one-stoke lead after three rounds of the Toto Classic. Ueda also held a one-shot lead after the second round.

Miguel Angel Jimenez birdied his final four holes Friday for a 5-under 67, giving him a 1-shot lead over Paul Goydos and Rod Pampling in the TimberTech Championship.

Even if you’re not a moderate swing speed player looking for a ton of forgiveness, I’d encourage you to take a few swings with the COBRA T-Rail the next time you’re at a golf shop or demo event.

You need to experience the ball flight for yourself. Seriously. It’s fun.

I’ll never forget trying the first generation of T-Rail at La Costa in Carlsbad, Calif., several years ago. I’m a high ball hitter anyway but I’ve never seen anything like the height I got with the T-Rail.

Was it excessively high? For me, sure, but that’s not the point.

With Arccos Golf’s recent integration with the USGA, the company adds an important feature to its stat-tracking and performance management platform.

If Arccos isn’t a familiar name, here’s a primer. Or two.

Arccos Integration. Say What?

Software updates typically target improved convenience, added features or some measure of both. In this case, Arccos users now can input scores directly to their USGA handicap from the Arccos app. Additionally, Arccos members will be able to view their handicap index directly from the Arccos Caddie app. Essentially, it’s a portal within the Arccos Caddie app that allows users basic access to the USGA handicap dashboard.

If you already have Arccos, the update should be live and ready to go in the coming weeks. That said, a good bit of the country has already entered (or is about to) the inactive portion of the USGA calendar. To clarify, every state has an active season where golfers can post scores and receive an updated handicap index. States like California, Arizona and Florida are “Year-Round” and do not have an off season. Conversely, pretty much any state where people own a snow shovel (or better yet, a snowblower) have an inactive period from roughly the end of October through the beginning of March or April.

Motoko Ueda had a 3-under 69 to hold a one-shot lead on Friday after the second round the the LPGA's Toto Classic.

Will Gordon ran off four straight birdies to start the back nine and finished with a 9-under 62 to take a one-shot lead over Russell Henley in the World Wide Technology Championship.

The European tour will offer $150,000 against players' earnings and pay $1,500 to other players if they miss the cut as part of a new schedule announced Thursday that boosts prize money and returns to Australia and parts of Asia.

Are you a great putter because of the brand you use? Or do better putters simply tend to use certain manufacturers more often?

It’s a classic chicken/egg scenario that might take us back to the first time a teacher broached the concept of causal and correlative relationships.

Correlation can create a powerful association, even in the absence of a clear causal relationship. For example, smoking causes lung cancer. However, external weather and people’s clothing choice are strongly correlated.

DATA FROM THEGRINT

Quick refresher: TheGrint is an app-based handicap tracker with a multitude of on-course and community features. In addition, TheGrint’s platform interfaces directly with the USGA handicap system.

That aside, we took a closer look at TheGrint’s database to see what, if any, relationship existed between golfers, handicap ranges and putter brand of choice.

Japanese players Ai Suzuki and Momoko Ueda each shot 7-under 65s on Thursday to sit atop the first-round leaderboard at the LPGA Tour's Toto Japan Classic.