Posted on 07/27/2014 12:02:25 PM PDT by Red in Blue PA
“We are selling drivers in our stores this spring for $99 that were $299 approximately 21 months ago,” Stack said during a conference call with analysts, according to a transcript.
Sales volume for men’s drivers was down 2% in the first quarter, he added, but the average price of those clubs fell 16%.
Analysts largely attribute the weakening golf market to the dwindling number of people playing the sport. The National Golf Foundation estimates that 400,000 U.S. golfers left the game in 2013. According to a survey from the Sports & Fitness Industry Association, the number of individuals who golfed at least once dropped 2.5% year-over-year, the fifth consecutive year that showed a decline.
(Excerpt) Read more at foxbusiness.com ...
Dick's chose golf over guns and now reaps the benefits.
it’s because Obama is hogging all the Golf courses
FYI...... I am not a golfer and don’t play one on TV.
I saw a really good movie this week on Netflix...... Seven Days in Utopia.
It involves a golf pro that lost it...... he took a fork in the road that took him to Utopia Texas, pop 318. There he found redemption and a new life.
It is far from you average Hollywood propaganda piece.
Golf is a sport largely played by the masses when the economy and their pocketbooks are doing well.. This is a symptom of the Obameconomy.
I also think that many people, being unemployed, have cut golfing and other luxuries out of their tight budgets.
I went into a new Gander Mountain and was amazed at the number of guns they had. Must have had 400 guns on display. No golf stuff tho
Yes, many in the middle class briefly flirted with golf when they thought their financial position was secure. Now they know better.
Yacht sales are probably down a bit as well.
Obama has single-handedly made Golf uncool while making guns cool.
while some of the decline in the numbers playing golf may be mortality among age groups that used to be more active in Golf, my counter evidence, anecdotal as it is, is an upswing in the numbers of my own recently retired age group who have just recently taken up golf in the last few years - half of those I know in my age group who never played golf much if at all in the past, retirement have taken up golf, or greatly expanded how much they play since they retired in recent years - and who buys more golf items year over year; those who have been playing for many years, or those whose active play starts in more recent years
maybe Dicks is in a slump of their own, with the expansion of outfits like Sports Authority and, from what I have seen in some locales, an expansion of independent pro golf shops.
A Dick’s opened up near me, talking a HUGE extravaganza of a store. Very modern, upscale looking. I am not the big sports guy, in fact, perhaps farthest from it. And I would never pretend to know much of anything about a business I don’t really care about....but sometimes you see a “Best Buy” kind of situation where sure, the store might do a good business just on flash, but in this era of very low retail margins, it’s hard for me to imagine such a huge store making sense.
Golf is fun to play but sucks to watch on TV. Just wanted to say that.
I haven’t played a game in years due to work taking up so much time.
I haven’t played a game in years because it sucks.
That’s it.
The little 9-hole course where I play (senior $15, regular $18) had been packed until just this year. I don’t see how they managed to attract paying golfers in the depths of the downturn (2009-2012) but can’t now that things are somewhat better, although hardly booming.
Unfortunately, the slow players and idiots are still coming....
I don’t think the economy has improved.
This is doubly good news. Besides shrinking the unfair economic gap between Americans and Nicaraguans, the anemic economy also reduces crowding at the golf courses. It’s no wonder Democrats in the Senate and in our White House are thrilled with their progress.
That is one thing, but also Golf is a luxury that fewer and fewer can afford. Thanks to Obama and Democrats for their war on the Middle Class!
Dicks is NO REFLECTION of golf popularity. We golfers all know Dicks prices are retail plus. Online purc
hases are 40 percent less
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