Report: September Golf Rounds Show Uptick

Golf Datatech reported that U.S. golf rounds played were up 1.6 percent year-over-year in September and increased 3.8 percent year-to-date, according to the research firm’s latest National Rounds Played Report for September 2023.

Puma’s Q3 Profits Drop On Currency Effects; Confirms Annual Guidance

Puma’s earnings fell 9.6 percent due to currency headwinds, weakness in North America and higher expenses. However, higher-than-expected revenues due to momentum in Europe, a recovery in China as well as stronger-than-expected margins led the German-based company to reiterate its guidance for the year.

Topgolf Sets Opening Date for Memphis Location

Topgolf reported it will open a new venue in Memphis, TN, on October 27 about 20 minutes from downtown.  This is the sports entertainment company’s fourth in the state, with other venues in Nashville, Chattanooga and Knoxville.

Report: September Golf Equipment Sales Up Again

Golf Datatech reported that golf equipment sales posted a back-to-back increase in on- and off-course specialty stores in September after experiencing 11 consecutive months of contracting sales through July.