News Notes from the Business World
In news from Wilson Staff, the company is getting ready to launch product in three key categories. Tim Clarke, Vice President of Sales says, We obviously have just gone through a major re-launch with the Staff brand. Things have gone extremely well. We have a couple of areas where we want to do some tweakingto fine tune the success we are experiencing.
This involves the launch of a new control iron, the Ci6; nomenclature for Control iron, 2006 model year. The iron will marry the performance qualities of the tour developed Pi5 irons with the game improvement characteristics of the Di5. The top-line will be noticeably thinner than the Di5. According to Clarke, The feedback we were getting from customers and retailers suggested they wanted an iron that looked like a tour iron but was easier to play. The Ci6 now offers that.
And, continuing to work closely with Staff Advisory Member Padraig Harrington, the company will soon release a new series of forged tour wedges. Tom Gruger, Global Marketing Director Worldwide for Wilson Golf says, The Fw6 is our first entry back in to forged wedges since the days of the legendary Dyna-Power. These new wedges are Wilson Staff through and through. They have the traditional, classic look that Wilson pioneered including bore-through. Bob Mendrella and Joe Phillips both consulted on the project and Padraig was heavily involved. In the past, Staff wedges set the gold standard for wedges and the new Fw6 series will get us back to that place.
The final part of the equation is a new hybrid. Clarke says, The 05 model hybrids were our entry in to the ever changing and growing hybrid market. The 06 model has considerably more sophisticated internal technology as well as a different look. Weve shortened the head up and the club has play tested extremely well at the highest levels of golf.
From Poway, Calif., ALDILA, INC. (NASDAQ:NMS:ALDA) recently announced net sales of $21.8 million for the three months ended June 2005, an increase of 53% over the same period in 2004, and net income of $3.6 million ($0.66 fully diluted per share), an increase of 68% over Q2, 2004. In the comparable 2004 second quarter, the Company had net sales of $14.3 million and net income of $2.2 million ($0.42 fully diluted per share). For the six months ended June 30, 2005, net sales increased by $10.1 million to $39.6 million, an increase of 34% over the same period in 2004 and net income increased by $2.5 million to $7.0 million, an increase of 56% over the same period in 2004.
It is gratifying to report second quarter numbers that beat our strong first quarter results, said Peter R. Mathewson, Chairman of the Board and CEO. Our second quarter sales increased by 53% versus the second quarter of last year. The average selling price of golf shafts increased by 31% quarter on quarter on a 20% increase in unit sales, which increases were driven by the increased sales of branded and co-branded shafts.
Driven by continued strong sales of our flagship NV? shaft line our second quarter 2005 branded sales exceeded our branded sales in the second quarter 2004 by 54%. Our net income of $7.0 million for the six months ended June 30, 2005 represents the best first half of the year the Company has had in the past 10 years, Mathewson said.
We have some extremely compelling product development initiatives underway with club manufacturer OEMs whereby we are custom designing shafts to work in conjunction with their new product releases in order to optimize equipment performance, said Michael Rossi, Vice President Sales and Marketing for Aldila. Co-product development can happen as far as a year or more in advance of a new product launch date. These efforts are important to ensure were getting the best possible product to market.
Its a business strategy that also works for True Temper Sports. They are partnering on a new club release project with Mizuno. While the model name is under wraps, Dick Lyons, Mizunos Vice President /General Manager, Golf Division said, We are getting ready to release the highest quality game improvement set in our history. Weve worked closely with True Temper on a shaft that will ensure the clubs perform up to our expectations.
Chad Hall, True Tempers Director of Marketing said, Mizunos special game improvement project required a shaft to perform at very specific levels. Ball flight and trajectory ' getting the ball airborne with positive flight characteristics for higher handicap players ' the shaft plays a huge role in making that happen. Chad went on to say, Were launching, with Mizuno as our launch partner, the new Dynalite Gold SL in a Sensicore and non-sensicore version. Mizuno was looking for a shaft to optimize the performance of their new game-improvement set initiative. The Dynalite Golf SL shaft delivers just the ball flight and trajectory characteristics Mizuno was looking for with the tour performance standards set by True Tempers flagship shaft, Dynamic Gold.
Summertime golf, when the weather is most often hot and your hands sweat a bunch, can make holding on to your grips without slipping a problem.
People simply dont pay enough attention to their grips. Im not sitting here telling you this so people will buy our grips. Im a golfer. I believe in the advice Im giving, said Jeff Fiorini, General Manager, Golf Pride Grips. Many people just dont realize the benefit that can come from a fresh set of grips. Even if you dont play that often, when you do play, you deserve to give yourself every chance to play your best golf. New grips can help do that.
Product wise, the company is extremely happy with the market performance of its Dual Durometer and New Decade grips. Fiorini says, The combination of sophisticated new rubber and compound technology have taken our already dominant line of grips and helped position us with even more strength in the grip business. Im particularly pleased with the visibility we receive on television due to the fact that the red color part of the New Decade grip shows up so well on TV. And, you know, we dont pay the players. They just love our grips. I think that says a lot about the product right there.
From your hands to your eyesI recently met with J. Paul Moore, Founder and CEO of PeakVision Sports ' makers of eyewear for active sports including, of course, golf. PeakVision Sports utilizes a new material called NXT. This new material provides clarity equivalent to optical glass at less than 40% of the weight, while offering scratch and shatter resistance far superior to traditional polycarbonate lenses.
NXT offers 100% UV400 protection. Also, in addition to the challenges associated with single filter lens, most sunglass lenses today are injection-molded polycarbonate (plastic), a 40 year old manufacturing technology. This technology, while producing light weight and inexpensive lenses, also produces lenses with very poor optical clarity, Moore said. The distortion created during injection molding is a visible and pervasive artifact of all current performance sunglass lenses and also interferes with the ability to visualize contours and estimate distances. Our manufacturing process and the use of NXT material allow us to manufacture a superior product.
Ill have more in-depth news on PeakVisions technology in the weeks to come.
Lastly, all roads, apparently, lead back to Pinehurst. The Resort recently announced it will marry the its award-winning golf school with a research-based, scientifically validated golf fitness program; thereby potentially improving distance and overall game performance while at the same time reducing injury. The University of Pittsburgh Medical Center (UPMC) initiative is spearheaded by Scott Lephart, Ph.D., A.T.C., and director of UPMCs Neuromuscular Reseach Laboratory. The Pittsburgh'based center has conducted ongoing golf research since 2001.
I had an opportunity to spend some time with Dr. Lephart during my stay in Pinehurst. Ill share more detailed information on this project with you soon.
Email your thoughts to Casey Bierer
Tiger Tracker: 147th Open Championship
Tiger Woods shot his second consecutive 70 on Friday at Carnoustie and enters weekend play at even par for the championship, still in contention for major No. 15.
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How to watch The Open on TV and online
You want to watch the 147th Open? Here’s how you can do it.
Golf Channel and NBC Sports will be televising 182 hours of overall programming from the men's third major of the year at Carnoustie
In addition to the traditional coverage, the two networks will showcase three live alternate feeds: marquee groups, featured holes (our new 3-hole channel) and spotlight action. You can also watch replays of full-day coverage, Thursday-Sunday, in the Golf Channel app, NBC Sports apps, and on GolfChannel.com.
Here’s the weekly TV schedule, with live stream links in parentheses. You can view all the action on the Golf Channel mobile, as well. Alternate coverage is noted in italics:
(All times Eastern; GC=Golf Channel; NBC=NBC Sports; GC.com=GolfChannel.com or check the GLE app)
Monday, July 16
GC: 7-9AM: Morning Drive (stream.golfchannel.com)
GC: 9-11AM: Live From The Open (www.golfchannel.com/livefromstream)
GC: 7-9PM: Live From The Open (www.golfchannel.com/livefromstream)
Tuesday, July 17
GC: 6AM-2PM: Live From The Open (www.golfchannel.com/livefromstream)
Wednesday, July 18
GC: 6AM-2PM: Live From The Open (www.golfchannel.com/livefromstream)
Thursday, July 19
GC: Midnight-1:30AM: Midnight Drive (stream.golfchannel.com)
GC: Day 1: The Open, live coverage: 1:30AM-4PM (www.golfchannel.com/theopen)
GC.com: Day 1: The Open, Spotlight: 1:30AM-4PM (www.golfchannel.com/spotlight)
GC.com: Day 1: The Open, Marquee Groups: 4AM-3PM (www.golfchannel.com/marqueegroup)
GC.com: Day 1: The Open, 3-Hole Channel: 4AM-3PM (www.golfchannel.com/3holechannel)
GC: Live From The Open: 4-5PM (www.golfchannel.com/livefromstream)
Friday, July 20
GC: Day 2: The Open, live coverage: 1:30AM-4PM (www.golfchannel.com/theopen)
GC.com: Day 2: The Open, Spotlight: 1:30AM-4PM (www.golfchannel.com/spotlight)
GC.com: Day 2: The Open, Marquee Groups: 4AM-3PM (www.golfchannel.com/marqueegroup)
GC.com: Day 2: The Open, 3-Hole Channel: 4AM-3PM (www.golfchannel.com/3holechannel)
GC: Live From The Open: 4-5PM (www.golfchannel.com/livefromstream)
Saturday, July 21
GC: Day 3: The Open, live coverage: 4:30-7AM (www.golfchannel.com/theopen)
NBC: Rd. 3: The Open, live coverage: 7AM-3PM (www.golfchannel.com/theopen)
GC.com: Day 3: The Open, Spotlight: 4:30AM-3PM (www.golfchannel.com/spotlight)
GC.com: Day 3: The Open, Marquee Groups: 5AM-3PM (www.golfchannel.com/marqueegroup)
GC.com: Day 3: The Open, 3-Hole Channel: 5AM-3PM (www.golfchannel.com/3holechannel)
GC: Live From The Open: 3-4PM (www.golfchannel.com/livefromstream)
Sunday, July 22
GC: Day 4: The Open, live coverage: 4:30-7AM (www.golfchannel.com/theopen)
NBC: Rd. 4: The Open, live coverage: 7AM-2:30PM (www.golfchannel.com/theopen)
GC.com: Day 4: The Open, Spotlight: 4:30AM-2:30PM (www.golfchannel.com/spotlight)
GC.com: Day 4: The Open, Marquee Groups: 5AM-2PM (www.golfchannel.com/marqueegroup)
GC.com: Day 4: The Open, 3-Hole Channel: 5AM-2PM (www.golfchannel.com/3holechannel)
GC: Live From The Open: 2:30-4PM (www.golfchannel.com/livefromstream)
Storms halt Barbasol before Lincicome tees off
NICHOLASVILLE, Ky. - Brittany Lincicome will have to wait until the weekend to resume her bid to make the cut in a PGA Tour event.
Overnight storms delayed the start of the second round Friday in the Barbasol Championship, and an afternoon thunderstorm suspended competition for good. The round will resume Saturday morning with much of the field still to play.
The second stoppage at Champions Trace at Keene Trace Golf Club came 20 minutes before Lincicome's scheduled tee time.
Lincicome was near the bottom of the field after opening with a 6-over 78 on Thursday. The first LPGA player since Michelle Wie in 2008 to start a PGA Tour event, she needs a huge rebound to join Babe Zaharias (1945) as the only female players to make the cut.
Troy Merritt had the clubhouse lead at 15 under, following an opening 62 with a 67.
Third-round tee times for the 147th Open
CARNOUSTIE, Scotland – Eighteen major champions made the cut at The Open and will be playing the weekend at Carnoustie, including 60-year-old ageless wonder Bernhard Langer, and both major champs so far this year, Patrick Reed and Brooks Koepka.
Twenty-four-year-old Gavin Green will be first off solo Saturday at 4:15 a.m. ET. Reed and Rhys Enoch will follow along 10 minutes later.
Phil Mickelson and Tiger Woods, both at even par for the tournament, six shots behind leaders Zach Johnson and Kevin Kisner, are in consecutive groups. Mickelson is playing with Austin Cook at 8:05 a.m. and Woods is with South Africa’s Shaun Norris at 8:15 a.m.
Jordan Spieth and Rickie Fowler, both three shots off the lead, are also in consecutive groups. Fowler is at 10 a.m. with Thorbjorn Olesen and Spieth is 10 minutes later with Kevin Chappell. Rory McIlroy, looking to win his first major since the 2014 PGA Championship, is at 10:40 a.m. with Xander Schauffele. McIlroy is two shots behind.
Johnson and Kisner are last off at 11 a.m.
4:15AM ET: Gavin Green
4:25AM ET: Rhys Enoch, Patrick Reed
4:35AM ET: Kiradech Aphibarnrat, Justin Rose
4:45AM ET: Yusaku Miyazato, Tyrrell Hatton
4:55AM ET: Ross Fisher, Keegan Bradley
5:05AM ET: Ryan Fox, Jason Dufner
5:15AM ET: Bryson DeChambeau, Henrik Stenson
5:25AM ET: Tom Lewis, Sam Locke (a)
5:35AM ET: Paul Casey, Chris Wood
5:45AM ET: Bernhard Langer, Rafa Cabrera Bello
6:00AM ET: Paul Dunne, Brett Rumford
6:10AM ET: Masahiro Kawamura, Shubhankar Sharma
6:20AM ET: Cameron Smith, Brendan Steele
6:30AM ET: Marc Leishman, Lee Westwood
6:40AM ET: Byeong Hun An, Kevin Na
6:50AM ET: Julian Suri, Adam Hadwin
7:00AM ET: Gary Woodland, Si-Woo Kim
7:10AM ET: Yuta Ikeda, Satoshi Kodaira
7:20AM ET: Marcus Kinhult, Thomas Pieters
7:30AM ET: Beau Hossler, Haotong Li
7:45AM ET: Cameron Davis, Sean Crocker
7:55AM ET: Louis Oosthuizen, Stewart Cink
8:05AM ET: Phil Mickeslon, Austin Cook
8:15AM ET: Tiger Woods, Shaun Norris
8:25AM ET: Lucas Herbert, Michael Kim
8:35AM ET: Jason Day, Francesco Molinari
8:45AM ET: Sung Kang, Webb Simpson
8:55AM ET: Patrick Cantlay, Eddie Pepperell
9:05AM ET: Matthew Southgate, Brooks Koepka
9:15AM ET: Kyle Stanley, Adam Scott
9:30AM ET: Charley Hoffman, Alex Noren
9:40AM ET: Ryan Moore, Brandon Stone
9:50AM ET: Luke List, Danny Willett
10:00AM ET: Thorbjorn Olesen, Rickie Fowler
10:10AM ET: Jordan Spieth, Kevin Chappell
10:20AM ET: Zander Lombard, Tony Finau
10:30AM ET: Matt Kuchar, Erik Van Rooyen
10:40AM ET: Rory McIlroy, Xander Schauffele
10:50AM ET: Pat Perez, Tommy Fleetwood
11:00AM ET: Kevin Kisner, Zach Johnson