Titleist

Professional golf is one of, if not the most cannabis-friendly globally played sports today. While Olympians and athletes in other sports continue to be suspended for cannabis use, several pro golfers and the Professional Golf Association (PGA) have largely embraced CBD and its $2.8 billion...

One of the most popular sports during the COVID-19 pandemic and immediately after was golf. The sport that requires minimal person-to-person contact and can be done through social distancing saw a surge in demand not seen since 1997. A transaction in the industry shows strength in demand and...

PGA Tour Champions player Scott McCarron has been playing remarkable golf over the past two years. After finishing second on the money list in 2018, McCarron capped off the 2019 season with a Charles Schwab Cup victory in dramatic fashion on Nov. 10 and topped the money list. What was the...

Callaway Golf Co (NYSE: ELY) shares have gained over 40 percent over the past year amid a resurgence in golf's popularity and some keen investments and acquisitions. Despite Callaway’s recent success, it was hit with a downgrade from D.A. Davidson on Wednesday on the firm's view that...

Recent IPO Acushnet Holdings Corp (NYSE: GOLF) is seeing an unlikely competitor in its most dominant segment, the golf ball. The high turnover soft good is one of the most profitable segments in the golf industry and makes up 1/3 of Acushnet’s revenue with a dominant market share north of 50...

Imperial Capital’s George Kelly noted that while Acushnet Holdings Corp (NYSE: GOLF) has good brands and the golf environment is improving, there continues to be margin risk and limited upside to the stock valuation. Kelly initiated coverage on the company with an In-Line rating and price...

Acushnet Holdings Corp (NYSE: GOLF) shares were soaring over 14 percent Friday following the company’s third-quarter earnings release, Acushnet’s first release since becoming a public company in October. Acushnet, the parent company of golf-staple Titleist, delivered third-quarter...

Following the conclusion of Acushnet Holdings Corp (NYSE: GOLF)'s recent IPO’s quiet period, sell-side analyst coverage has poured in on the golf manufacturer. Titleist parent company Acushnet has been seen as the gold standard in the golf industry for decades, possessing some of the most...

Acushnet Holdings Corp. (NYSE: GOLF), parent company of golf equipment leader Titleist, officially launched its IPO Friday amid a trying time for the industry. Announced last year in November, the Titleist offering shocked many, coming at a time when the majority of the sentiment around the...

Fila Korea Ltd (KRX: 081660) has announced it will increase its stake in Acushnet's upcoming IPO to 50 percent. Golf equipment manufacturer Acushnet, parent company of Titleist, is set to launch a $1.78 billion initial public offering next week. Shares of the Acushnet IPO will be priced in the $...

The state of golf industry has entered a defining moment. The future of the game has become a controversial topic, with Nike Inc (NYSE: NKE) exiting the equipment business just a few months ago and Tiger Woods briefly entertaining a comeback and then quickly rescinding, saying that his game was not...

As expected, now that Nike Inc (NYSE: NKE) will no longer be making golf equipment, golf companies are pursuing Tiger Woods to use their clubs when he makes his next comeback. Woods is on the market testing nearly every brand in preparation for his return to the course, according to various sources...

The news of Nike Inc's (NYSE: NKE) departure from golf shook the industry. Nike Golf's exit has investors and golf fans alike wondering what companies will stand to benefit. Callaway Golf Co (NYSE: ELY), the only pure golf play in the market, hit new highs after news of Nike's exit...

Determining who will benefit from Nike Inc (NYSE: NKE)'s departure from golf is the question everyone in the industry has been asking since the news broke this week. Callaway Golf Co (NYSE: ELY) stock reacted positively from the news, as it is the only pure golf play in the stock market currently....

Callaway Golf Co (NYSE: ELY) is up big Thursday, responding to the news that Nike Inc (NYSE: NKE) will stop manufacturing golf clubs. Nike will continue to sell golf footwear and apparel, similar offerings to what Under Armour Inc (NYSE: UA) currently makes for the golf industry. Under Armour's...