Golfing News & Blog Articles

Q2 Financial Reports – Key Takeaways

Acushnet and Callaway both top $1 billion in sales so far in 2021.Acushnet Q2 sales are up 105 percent for Q2 and 70 percent for 2021.Callaway net sales are up 208 percent for Q2 and 112 percent for 2021.

The Q2 financial reports for golf’s two biggest dogs are out and, to put it simply, both Acushnet and Callaway are barking up a storm.

And as bad as last year’s COVID-laced second quarter was—and it was plenty bad—both companies’ 2021 results continue to rewrite the record books. Acushnet more than doubled its Q2 sales compared to last year and Callaway’s sales more than tripled.

And, most importantly, both companies are comfortably in the black.

So, with the requisite disclaimer that we are neither financial advisors nor experts in corporate finance—we’re just folks who love golf and like to read all about it—let’s dive in.

Q2 Financial Reports – Acushnet

After a strong first quarter, Acushnet’s Q2 financial reports show the momentum isn’t letting up. Sales hit $624.9 million in Q2. That’s an increase of more than 108 percent over last year. More importantly, it’s a 35-percent increase over the COVID-less 2019 mark.

Trailing on the back nine at Oakmont for the first time all week, Austin Greaser responded by winning four straight holes to win his semifinal match Saturday in the U.S. Amateur. Next up is the 36-hole championship match against James Piot.

Doug Barron eagled the par-5 18th for his second straight 6-under 64 and a one-stroke lead in the PGA Tour Champions' Shaw Charity Classic.

Russell Henley shot 1-under 69 on Saturday to take a three-stroke lead in the Wyndham Championship and move a round away from his first PGA Tour win in four years.

Ariya Jutanugarn, Charley Hull and Ryann O'Toole are tied for the lead in the Trust Golf Women's Scottish Open.

Nick Grabelcik played 38 holes to win three matches Friday, sending the North Florida sophomore into the semifinals of the U.S. Amateur at Oakmont.

Russell Henley's 14-under 126 at the Wyndham Championship ties Stewart Cink at the RBC Heritage in April for lowest 36-hole score this season.

Billy Mayfair shot an 8-under 62 on Friday at Canyon Meadows to take a one-stroke lead over Canadian star Mike Weir after the first round of the PGA Tour Champions' Shaw Charity Classic.

Ariya Jutanugarn had five birdies in a six-hole stretch on the back nine and shot a 6-under 66 on Friday to take the second-round lead in the LPGA Tour's windy and rainy Trust Golf Women's Scottish Open.

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PXG 0211 putter line features five different putter models.All putters feature the new Runway Reticle alignment system.Putters are designed to support the higher-handicap golfer.

Today, PXG announced the addition of a line of putters to their budget-conscious 0211 golf club line. This new putter line is not a replacement for their Battle Ready putter line. Instead, these putters are targeting a new golf consumer, much like the 0211 line did with full-swing clubs.

Since their inception, PXG has done their own thing in the golf arena. Mr. Parsons has a vision of how he wants to run his golf company. He stays true to that vison, even if it means that PXG must challenge some of golf’s accepted norms. What I appreciate about their approach is that PXG is also willing to blow up even their own accepted norms.

Case in point: the PXG 0211 line. A company known for making some of the most expensive golf equipment in the business launched a line that is priced well below competitors’ prices. Turns out that the 0211 gear is pretty good, too. During Most Wanted testing, the 0211 driver put up solid numbers against drivers that cost hundreds of dollars more.

I think you can guess where we are headed today with the PXG 0211 putters. Like the other 0211 products, these are less expensive than the other PXG putters. More importantly, like the other 0211 products, these putters look poised to deliver when it comes to innovation and performance.

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Russell Henley shot an 8-under 62 to take the lead Thursday in the suspended first round of the Wyndham Championship.

Michael Thorbjornsen made five straight birdies to win his first match and needs another big comeback in the second round of a U.S. Amateur that faced more delays Thursday.

Michele Thomson of Scotland shot a 7-under 65 on Thursday at Dumbarnie Links to take the first-round lead in the LPGA Tour's Trust Golf Women's Scottish Open.

Pop quiz!

Proto-C is:

A. The new Elon Musk project

B. The original name for Hi-C Fruit Punch

C. An ultraluxury Japanese equipment company.

As much as B) would make for a cool story, we’re not here to discuss sneaky ways for parents to trick kids into getting enough Vitamin C.

If you have been following these blogs for many years you will know that I have shared my research for the best golf swings. I’m hoping that you will discover the best swing fixes for your games (and my game too). All of my suggestions are provided by professional golf trainers or by offering the tips from the pros. Unfortunately I have also discovered that swing methods and tips from the pros may NOT be ideal for Weekend Warriors.

What the Pros have that Weekend Warriors Don’t
1/ The pros are in top physical condition so they don’t change their swing to accommodate weak arms or bellies or legs. They use their strength to power every perfect swing.
2/ The pros use hours of daily training both on the course and in the gym to build their muscle strength and memory for the perfect swing.
3/ Every pro has a slightly different back swing but they all deliver the same downswing for their draw, fade and straight shots. The direction of their swing at impact and the club face direction at the point of impact are ALWAYS CONSISTENT. That’s why you need to focus on impact and follow-through more than any other component of your swing.

The speed and direction of your takeaway should be personalized to help your hips rotate and to help your arms generate a proper wrist lag at the top of your swing. It doesn’t matter how fast you complete your backswing as long as you are in position for the perfect downswing. Your stance, your grip, your takeaway direction and the speed of your backswing can all be personalized.

Customize Your Backswing for Your Body
Your personal strength and your physical injuries are preventing you from creating the perfect swing of a 21 year old PGA Professional. Don’t try to generate the power and distance expected from a younger pro. Accept your limitations and focus on the perfect downswing and impact to a balanced finish.

Mark Goetz was the medalist among the 64 qualifiers Wednesday in the U.S. Amateur at Oakmont and managed only four holes of the first round when the rain-delayed championship was suspended by darkness.

Former NBA player J.R. Smith has enrolled at North Carolina AT&T and has petitioned the NCAA to be eligible to play, school spokesman Brian Holloway told ESPN.

Justin Rose has received the Payne Stewart Award, one of the premier awards on the PGA Tour. It recognizes character, sportsmanship and a commitment to charity.

The second 'anchor course' for the U.S. Open will be at Pennsylvania's Oakmont Country Club, according to an announcement Wednesday that also brings nine Opens for men and women to Pennsylvania.