Good Growth for Woods and Putters
The US golf retail sales figures are published by us today, with data for September 2024. Total sales for the month were down -2.6% vs 2023.
Top Line Commentary
Total equipment sales took another drop this month, following the recent trend.
Woods and Putters offered some hope seeing year on year growth of +10.4% and +7.5% respectively. Unfortunately, Irons and Wedges headed in the opposite direction and dropped by -16% and -7%.
Year to date we still have four equipment categories showing growth, with Balls, Woods, Wedges and Putters all offering positive support.
Retail is generally down for September vs 2023. Launch cycles seem to be having an impact with Irons struggling, in particular, when compared to last year.