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Web Street Golf Daily Pulse
VOLUME 7, NUMBER 59                                                         
Friday, March 24, 2017

ANY IDEA WHO SAID THIS? “I don't worry too much about the results. You never know what is going to happen. I played really well last year, ran into a buzz saw. Patrick Reed was 8-under through 11 holes. It can happen. You need to go out and focus as though it's the final round because you don't have the opportunity to recover from mistakes. If you play good golf you should get through.”

BRAIN TEASER: The winner of each of the World Golf Championships is awarded a Wedgwood trophy named after a great international figure in the game. Who is the trophy named after for the WGC Match Play?

SMOKE ‘EM IF YOU GOT ‘EM! Titleist is launching its 716 AP1 irons in a sleek new finish: Limited Edition Smoke. Limited to 500 sets, 716 AP1 Smoke features a rich, dark, durable PVD coating that, when applied to the high-polish stainless steel of 716 AP1, provides the appearance of a more compact blade length apismokeyand thinner top line at address. The darker finish also helps to reduce glare that might reflect off the irons on bright days.

According to the company, the Limited Edition Smoke finish on 716 AP1 was inspired by golfer feedback based on the growing popularity of the Jet Black and Steel Gray finishes available on Vokey SM6 wedges. (Jimmy Walker recently switched to a Jet Black finish on his SM6's.)

“More golfers than ever before are realizing the exceptional distance and forgiveness benefits of 716 AP1. This is superior game improvement technology that helps players hit the ball further with the proper trajectory to stop the ball on the green and maintain that performance even on off-center hits,” said Josh Talge, Vice President of Marketing, Titleist Golf Clubs.

“We’re introducing the Smoke finish as a test run because golfers have been asking us for it,” Talge continued. “We've seen a trend in players gravitating toward the darker finishes in our Vokey SM6 wedges and many of them have asked if we'll ever bring those types of finishes to our iron line. Smoke is our first experiment. Not only does it have a great look, but for many golfers it will also make the club appear smaller at address. It’s really a great option for those players who want all the benefits of a game improvement iron but want to look down and see something more slim and compact.”

The 716 AP1 Limited Edition Smoke irons are available in the U.S. only, at the same cost as the original 716 AP1 high-polish finish.

KID’S PLAY: COBRA Golf has the junior player in mind this season as the company has added the COBRA CONNECT Powered by Arccos technology into its new KING F7 Junior Driver. The KING F7 Junior Driver (MAP $249), a junior version of the KING F7 driver, features an ultralight sensor that’s embedded in the grip, allowing golfers to automatically track the distance and accuracy of every drive. Since kids often grow very quickly, COBRA Golf is continuing to use the free shaft upgrade option in the KING F7 Junior Driver. Golfers can register their purchased driver on the cobragolf.com and receive one free upgrade to a longer, firmer shaft when needed.

HAVE CLUBS WILL TRAVEL! Consumer sentiment appears to be alive and well when it comes to taking a golf trip in 2017. Longitudes Group LLC has announced the release of the 2017 Golf Travel Research Report, which captures how golfers across all major metropolitan areas have traveled in the past and how they plan to travel in the next 12 months.

“Golfers are extremely optimistic about how much they can afford, both time and money, to weave golf into their travel plans this year,” shared Sara Killeen, President of Longitudes Group. “With housing values and IRAs on the rise, there is an economic confidence fueling the desire.”

Among some of its key findings are 72% of avid golfers in the survey who play more then 21 rounds annually took two or more trips. It reported that 35% of high budget golf travelers book 3 to 6 months in advance. Golf travelers rank spouse/partner as their preferred travel companion over friends, 57% of the time versus other relatives or business associates. Women in golfing households have a growing influence on the spending decisions and plans for golf travel.

The research tackles the question – Where are golfers going and how are they influenced to travel? Travel industry stakeholders along with golf destinations will find the research helpful in making informed decisions to grow their business this season. The 49-page report is available for purchase at longitudesgroup.com for $499.

SPONSORS NEEDED: A week from Sunday night, when the 26th Shell Houston Open's final putt disappears into the cup, what had been the third-longest corporate partnership on the Tour - only Honda and AT&T have been around longer - will be over. And anybody who was around the event during the dozen years before Shell rescued it from possible demise can't help but be antsy. A beer (Michelob), a soft drink (Coca-Cola) and an insurance group (Independent Insurance Agents) all tacked their names on the tournament back in the day, but didn't stick around long. READ MORE>>>

IN THE REAR VIEW MIRROR: While his name has been mentioned as a pivotal figure in a federal insider trading criminal trial, Phil Mickelson shrugged off any hint that will be hanging over him this week or in the run up to The Masters next month - both with his play and his comments. "I'm not a part of that," Mickelson said after easily winning his first-round match Wednesday at the Dell Technologies Match Play. "It's not even a thought."

But prosecutors and defense attorneys for gambler William "Billy" Walters have said Mickelson would be a key figure in the trial in New York, and the judge hinted to jurors last week the five-time major champion could be called to testify. Mickelson said that won't happen. READ MORE>>>

WEB GEMS:

MARCH MADNESS: Soren Kjeldsen and Alex Noren won their groups in the Dell Technologies Match Play, one round before group play is even finished. Rory McIlroy took the day off, and he's already guaranteed the weekend off. READ MORE>>>

ANSWERS: “I don't worry too much about the results. You never know what is going to happen. I played really well last year, ran into a buzz saw. Patrick Reed was 8-under through 11 holes. It can happen. You need to go out and focus as though it's the final round because you don't have the opportunity to recover from mistakes. If you play good golf you should get through.”--Phil Mickelson on his approach towards match play. In 12 appearances at the WGC Match Play, Mickelson has advanced beyond R3 just once, in 2004, losing to Davis Love III, 1-up in the Quarterfinals. Last year, he lost to Patrick Reed (5 and 4) after wins against Matthew Fitzpatrick (5 and 4) and Daniel Berger (1 up) and did not advance out of Group Play.

Each year the Walter Hagen Cup is awarded to the champion of the World Golf Championships Match Play. Hideki Matsuyama currently holds the Old Tom Morris Cup for his 2016 HSBC Champions victory. Dustin Johnson has the Gary Player Cup in his possession after winning the 2016 Bridgestone Invitational. Johnson also received the Gene Sarazen Cup as the winner of the 2017 Mexico Championship.

Hagen was golf’s first full-time touring professional. He won 40 times on the PGA TOUR, including 11 times in major championships. It is appropriate that the World Golf Championships-Dell Technologies Match Play trophy bears his name, as he was perhaps the greatest match player in history. He won five PGA Championships in match play, including four consecutive from 1924-1927. He once won 22 straight 36-hole matches in the PGA and 32 out of 33 matches between the first round in 1921 and the fourth round of 1928. In six Ryder Cup matches, his record was 7- 1-1. Hagen, an inaugural member of the World Golf Hall of Fame, also won two U.S. Opens and four British Opens.

THE INFORMATION CONTAINED IS BELIEVED TO BE RELIABLE, BUT IT IS NOT GUARANTEED. THE OPINION EXPRESSED IS THAT OF TERRY MCANDREW AND SHOULD NOT BE CONSIDERED A SOLICITATION TO BUY OR SELL SECURITIES IN ANY OF THE COMPANIES DISCUSSED WITHIN THIS NEWSLETTER. CONTENTS OF THIS NEWSLETTER MAY NOT BE REPRINTED OR REBROADCAST WITHOUT THE EXPRESSED WRITTEN CONSENT OF TMAC GOLF

 

 

Web Street Golf Daily Pulse
VOLUME 7, NUMBER 58                                                         
Thursday, March 23, 2017

ANY IDEA WHO SAID THIS? “Everyone here is really, really, really good. The top 64 in the world. And anybody can win any day. I understand that Golf Channel, they need things to talk about, but to look at some groups and be like, oh, that's an easy group to get through. Well, one of those guys has to get through. How do you think they feel? I don't know if this is Matt Fitzpatrick's first match play probably in terms of this. He won the U.S. Am. He's obviously good at match play. He's won on the European Tour. And that's just because this is his first time, he doesn't have a record, and people might say something about him.”

BRAIN TEASER: Can you name the only four players that played in seven matches at the 2016 WGC Match Play event?

PROOF IS ALWAYS IN THE NUMBERS: The Acushnet Holdings Corp. (NYSE: GOLF) had an eventful year in 2016. The company turned to public markets, despite a landscape that wasn’t conducive to most initial public offerings and a challenging macroeconomic picture often dominated by headlines of the US Presidential election. Nevertheless, it accomplished its goal despite one of its chief competitors, TaylorMade on the auction block and still remains so. Nike Golf retreated from the club and ball business and golf retail saw another round of contraction of approximately 500 doors.

Acushnet reported its fourth quarter operating results for 2016 and closed the books, financially speaking, on the year. Sales came in at $329.8 million, an increase of $9.5 million from a year ago. The company said golf ball sales were $98.6 million, while Titleist clubs accounted for $119.8 million in revenues. FootJoy contributed $71.3 million, while Titleist gear represented $21.4 million.

For the full 2016-year, golf ball sales were $513.9 million, down 4% from 2015. On a constant currency basis ball sales were down 3.7%. Golf club sales were $431 million, up 11% or 9.8% on a constant currency basis, the company reported. FootJoy delivered sales of $433.1 million, up 3.4% or 3.6% on a constant currency basis. Titleist golf gear contributed $136.2 million in sales, up 5.3% or 5.5% in constant currency.

In prepared comments, Wally Uihlein, Acushnet President and CEO, said, “2016 was a good year for Acushnet Holdings as we continued to execute on our proven strategy and strengthen our relationships with dedicated golfers and trade partners. We are pleased with how our team delivered solid revenue and Adjusted EBITDA growth in a year highlighted by industry right sizing. We are also encouraged by indications that the industry long-term metrics appear to be stabilizing. Looking forward, we feel very good about our market position and opportunity for continued success. We are confident in our strategy and ability to execute into the future.”

David Maher, Acushnet COO, added, “Our businesses continued to deliver solid performance over the course of 2016, driven in part by our focus on accelerating growth and share gains outside of the United States. Globally, we saw annual growth in the key business segments of golf clubs, golf wear and golf gear capped by the successful fourth quarter introduction of the 917 drivers and fairways and the strong momentum of the new FootJoy PRO/SL shoe. Entering a new golf ball cycle, we launched the new Pro V1 and Pro V1x in January of 2017 and we are very pleased with the enthusiastic golfer reception and broad tour adoption worldwide.”

The company reported U.S. sales of $804.5 million, off 0.1% from 2015. Japanese sales were $219 million, up 20.2%, while Korea delivered $176 million, a jump of 21.4%. Europe, Middle East and African sales were $210.1 million, up 4.5%, while the rest of the world came in at $162.7 million, a decrease of 3.9% from 2015.

Gross profit margins held firm for the year (50.8%), while SG&A was down 0.5% and research and development expenses represented 3.1% of net sales for the year, a decrease from the previous year when it was 4.1%. Net income was 45 million, an increase of $46 million year-over-year Acushnet said.

Acushnet reported its new and improved ProV1 and ProV1x would be available in over 30,000 golf shops by the end of next week. The US PGA Titleist ball count year-to-date is 68% with its nearest competitor at 10%. The company expects to conduct north of 200,000 club fittings worldwide in 2017 thanks to a strong network of 2,500 US fitters and 4,000 worldwide. It reported strong demand for new products being delivered including new “Players” stand bags and headwear. FJ remains the #1 golf glove with pros and amateurs alike as well as the #1 shoe in the game. It reported an exceptional golf apparel growth led by a successful Fall 2016 US launch of Women’s Golfleisure line.

The company reported consolidated net sales are expected to be in the range of $1,565 to $1,595 million in 2017. It estimates the global golf market will grow 1-2% in 2017, without the impact of foreign exchange currency exchange rate movements. On a constant currency basis, Acushnet consolidated net sales are expected to increase by 1.8% to 3.7% in 2017 when compared to 2016. It said adjusted EBITDA is expected to be in the range of $220 to $230 million in 2017. “According to the recently published Datatech/Yano Size of Worldwide Golf Report (released January 2017), the golf equipment and apparel opportunity today remains just under $12 billion dollars at retail, which corresponds to a wholesale opportunity between $7.8 and $8.0 billion dollars. The total annual spend by golfers remains an attractive opportunity,” reported Uihlein.

PERFORMANCE BASED: Callaway reported 2016 full year net sales of $871 million, an increase of 3% or $27 million from 2015. US sales were flat, Europe was down 1.8%, but Japan jumped 23.7%. Income before taxes was $58.4 million with a one-time inclusion of $17.6 million on a partial sale of its Topgolf investment compared to $20 million in 2015.

While top line sales were essentially static on most parts of the world, the company was very pleased with the performance of its leader. Chip Brewer, Callaway Golf’s CEO saw an increase of $50,000 to his base salary for 2016, as he was compensated $800,000. A significant pat of the back came in the form of his annual bonus as he was awarded a $1.5 million by Callaway’s Compensation Committee and approved by its Board of Directors. His maximum bonus potential as outlined by the Board, was $1.6 million.

WEB GEMS:

YOU DON’T KNOW ME: “In 1990, a kid from Orange County named Eldrick Woods had won the Boys 13–14 division. In ’91, the same kid won the Boys 15–17 division. Now I was going to get a chance to take on this phenom. Only problem was, I didn’t own a set of clubs. Kind of an issue. I had won all the qualifiers with a mismatched set of clubs that I had borrowed from about five different people. But for world juniors, my friend’s father let me use his Ping Berylliums. And I won. I beat the guy we now know as Tiger by eight shots with clubs that were meant for someone two or three inches taller than me. I’ll never forget the sound Tiger’s club made when it struck the ball, and how valiant of a competitor he was that week. I’ll also never forget winning the way I did.” READ MORE>>>

LOVE AND MARRIAGE: Colin Montgomerie has given evidence at Scotland’s highest civil court in a divorce action in which he is suing his estranged wife for £5 million in a dispute. The former captain for the European Ryder Cup team split from Gaynor, 50, in 2015 after allegations emerged about the golfer’s private life. READ MORE>>>

FAMILY: Jason Day completed six holes at the WGC-Dell Technologies Match Play Championship before he simply couldn't play any longer, then walked off the golf course. Speaking through tears afterward, Day explained that his mother, Dening, was diagnosed in Australia at the start of the year and told she had 12 months to live. He brought her to Ohio, where Day lives with his family, in the last month for more tests, hopeful that surgery would lead to a chance for a recovery. READ MORE>>>

ANSWERS: “Everyone here is really, really, really good. The top 64 in the world. And anybody can win any day. I understand that Golf Channel, they need things to talk about, but to look at some groups and be like, oh, that's an easy group to get through. Well, one of those guys has to get through. How do you think they feel? I don't know if this is Matt Fitzpatrick's first match play probably in terms of this. He won the U.S. Am. He's obviously good at match play. He's won on the European Tour. And that's just because this is his first time, he doesn't have a record, and people might say something about him.”--Justin Thomas on the nature of match play. Fitzpatrick lost 5 and 4 to Kevin Na in his opening match.

Jason Day, the eventual winner, Louis Oosthuizen (runner up), Rafa Cabrera Bello (third place) and Rory McIlroy were the only players to play seven matches at the 2016 WGC Match Play event.

THE INFORMATION CONTAINED IS BELIEVED TO BE RELIABLE, BUT IT IS NOT GUARANTEED. THE OPINION EXPRESSED IS THAT OF TERRY MCANDREW AND SHOULD NOT BE CONSIDERED A SOLICITATION TO BUY OR SELL SECURITIES IN ANY OF THE COMPANIES DISCUSSED WITHIN THIS NEWSLETTER. CONTENTS OF THIS NEWSLETTER MAY NOT BE REPRINTED OR REBROADCAST WITHOUT THE EXPRESSED WRITTEN CONSENT OF TMAC GOLF

 

 

Web Street Golf Daily Pulse
VOLUME 7, NUMBER 57                                                         
Wednesday, March 22, 2017

ANY IDEA WHO SAID THIS? “At Dove Mountain, I played a lot of one-rounders. At least I get three chances to make it through here. So I do like that. It makes it a little more fun for the guys. But, I went to Dove Mountain a lot and went home on Wednesday afternoon. That course wasn't a bomber's course. This is the only WGC I haven't won, so, yeah, it would be very nice to get this trophy. I really like this golf course. Last year I think I made it the furthest I've ever made it in the match play.”

BRAIN TEASER: Austin is home to the WGC Match Play event this week. Do you know what the city’s adopted slogan is to help promote small businesses?

SEEKING THE NEXT LEVEL: Authentic Brands Group (ABG), owner of a global portfolio of fashion, sports, celebrity and entertainment brands, and Greg Norman have announced a joint venture to own and manage the shark brand. Norman joins the roster of ABG’s growing celebrity and entertainment portfolio that boasts brands such as Shaquille O’Neal, Dr. J, and Muhammad Ali. “We are thrilled to welcome Greg Norman to the ABG fold. Greg’s attributes and global appeal extend far beyond golf into travel, luxury, lifestyle, and more,” said Jamie Salter, Chairman & CEO, ABG. “Welcoming another ‘greatest’ athlete into our Sports, Fashion and Celebrity & Entertainment portfolios marks another step in our growth strategy while establishing immediate credibility for ABG in an entirely new space.”

In conjunction with the Greg Norman Company (GN), ABG will focus on the growth and development of consumer products and endorsements to deliver programs that reflect Norman’s confidence, sophistication, charisma, and appeal. Greg Norman Golf Course Design, Greg Norman Real Estate, Greg Norman Media, Greg Norman Investments, Greg Norman’s Australian Grille and Shark Wake Park are excluded from this partnership.

“Our shared purpose and vision makes ABG the ideal strategic partner. This alliance will unlock my company’s full potential by joining with one of the foremost brand development companies in the world,” explained Norman. “As we celebrate the 30-year anniversary of the Greg Norman Company, it is markedly important to continue to evolve the brand, reach new audiences and expand our portfolio, and ABG is undoubtedly the right partner to help us on that journey.”

CHEERS! Ketel One Vodka has made a commitment to donate $100,000 to Arnie’s Army Charitable Foundation. Arnold Palmer spent his life giving back to the game and those in need. To honor their lifelong friendship, and celebrate and toast the extraordinary achievements of their friend, the Nolet family, creators of Ketel One Vodka, have released the Arnold Palmer Collector’s Edition bottle – an ode to his life, dedication, and drive to succeed. The limited edition bottle launched nationwide March 16th with a suggested retail price of $24.99 (750ml), $31.99 (1L). Fans can purchase the Arnold Palmer Collector's Edition bottle by visiting www.reservebar.com or making a trip to their local retailer. The King’s signature cocktail recipe was 1.5 oz Ketel One Vodka, lemon twist and ice.

ROOM FOR MORE? Sean Toulon is hoping he can take a bite out of Scotty Cameron. Toulon has set his sights on the premium price putter category and has launched a few designs to tempt avid players. Putters are a tricky category as professionals to amateurs can fall in and out of love with them faster than any other club in the bag. In turn, it represents opportunity since it ultimately comes down to feel that hopefully transfers into confidence. If it looks good and feels good then eventually it makes players believe they’ll make more putts. However, there is always another putter just around the corner that promises it can be better than what you already have!

Toulon has launched five new models in 2017. Austin, Columbus and Long Island are heel-toe-weighted blade models. Latrobe is a pure blade and Indianapolis is a mallet. The models have a “contact patch” at the center of the face that incorporates crosshatch grooves that form a pattern. According to Toulon, it strategically channels vibration to promote a “uniquely satisfying” sound and feel. Also unique to the line are interchangeable sole plates to increase or reduce the head weight by installing aluminum sole plate (total head weight 350g), stainless steel sole plate (363g), or tungsten sole plate (383g).

Players can also choose between two counterbalance weights. SuperStroke offers the option of installing a 25g or 50g counterbalance plug into the butt-end of the grip. Configuring the sole plate/counterbalance in different weight combinations create a variety of ways to customize the putter’s feel and fit it to someone’s style of release, whether moderate or aggressive. The line will hit retail on April 4th and is priced at $399.99 for each new model.

FAN FAVORITE: Japan's Bridgestone Corp has gone from a rookie Olympic sponsor to a model for fan participation following their Fan Zone at the Olympic Golf Course for the 2016 Rio Games and will try to help other federations do likewise. "The feedback was incredible," Phil Pacsi, Bridgestone's vice president of sports marketing, told Reuters. "The focus was to try and educate the Brazilian population that really knows nothing about golf. It was really nice to see Brazilian families and kids picking up golf clubs and we hope it makes a lasting impression on the country." READ MORE>>>

WEB GEMS:

GEORGIA ON HIS MIND: "No matter what happens at this year's Masters, whether I can grab the jacket or I miss the cut or I finish 30th, it will be nice having the Masters go by," Spieth said. "The Masters lives on for a year. It brings a non-golf audience into golf. And it will be nice once this year's finished from my point of view, to be brutally honest with you." READ MORE>>>

ANSWERS: “At Dove Mountain, I played a lot of one-rounders. At least I get three chances to make it through here. So I do like that. It makes it a little more fun for the guys. But, I went to Dove Mountain a lot and went home on Wednesday afternoon. That course wasn't a bomber's course. This is the only WGC I haven't won, so, yeah, it would be very nice to get this trophy. I really like this golf course. Last year I think I made it the furthest I've ever made it in the match play.”--World #1 Dustin Johnson.

Keep Austin Weird is the slogan adopted by the Austin Independent Business Alliance to promote small businesses in Austin, Texas. It is intended to promote local businesses and is inspired by comments made by Red Wassenich in 2000 while giving a pledge to an Austin radio station. The slogan was later trademarked and used to market T-shirts, hats, and mugs. The Austin Independent Business Alliance is among at least 85 community organizations affiliated with the American Independent Business Alliance, a national non-profit that supports and connects pro-local community-based organizations.

THE INFORMATION CONTAINED IS BELIEVED TO BE RELIABLE, BUT IT IS NOT GUARANTEED. THE OPINION EXPRESSED IS THAT OF TERRY MCANDREW AND SHOULD NOT BE CONSIDERED A SOLICITATION TO BUY OR SELL SECURITIES IN ANY OF THE COMPANIES DISCUSSED WITHIN THIS NEWSLETTER. CONTENTS OF THIS NEWSLETTER MAY NOT BE REPRINTED OR REBROADCAST WITHOUT THE EXPRESSED WRITTEN CONSENT OF TMAC GOLF

 

 

Web Street Golf Daily Pulse
VOLUME 7, NUMBER 56                                                         
Tuesday, March 21, 2017

ANY IDEA WHO SAID THIS? “I really loved La Costa, I just really enjoyed the tournament there. And once I left La Costa, I think my game left, as well. I don't know, I didn't have much success in the desert at all.”

BRAIN TEASER: Bernhard Langer broke a 17-year old record on Sunday for consecutive sub-par rounds on the PGA TOUR Champions. How many consecutive rounds has he posted under par?

TELL IT TO THE JUDGE: We must be getting into the golf season! Costco has sued Acushnet. It is seeking a declaratory judgment that it is not infringing any valid patent rights owned by Acushnet by its sale of its Kirkland Signature golf balls and that it has not engaged in false advertising regarding the golf balls. READ MORE>>>

WORTH A SHOT? Can free help grow golf? Well it appears the PGA TOUR, LPGA and Topgolf are going to give it a try. Topgolf announced free game play for charitable organizations committed to youth leadership and mentorship, in addition to any high school golf team. “The PGA TOUR and LPGA are collaborating with Topgolf on developing initiatives to help grow the game,” said Ty Votaw, PGA TOUR Executive Vice President & Chief Marketing Officer. “PGA TOUR Charities is excited to bring LPGA-USGA Girls Golf and The First Tee together to experience a free Topgolf event through Topgolf Junior PLAY.” Free game play is now available at any Topgolf location in the U.S. Monday through Thursday from 9 a.m. to 5 p.m. Play sessions must be scheduled at least 72 hours in advance and are subject to availability.

“You don’t have to play an 18-hole course to enjoy golf,” said Topgolf Entertainment Group Co-Chairman and CEO Erik Anderson. “Topgolf is always thinking of how we can help get clubs in the hands of new players, prepare them to transition to green grass and inspire them to enjoy golf in all of its forms, whether that’s on TV, a mobile app or a PGA TOUR event. Part of reaching the next generation of golfers means making the sport fun and accessible to everyone.”

On March 19, junior golfers (ages 6-17) from The First Tee and LPGA-USGA Girls Golf enjoyed an afternoon of free game play, golf instruction, food and beverage at Topgolf venues in Jacksonville, Fla., Gilbert, Ariz., Alpharetta, Ga., Dallas and Denver.

BEACH FRONT PROPERTY: Pebble Beach Company has announced an August 2017 opening for Fairway One at Pebble Beach Resorts. An addition to The Lodge at Pebble Beach, Fairway One will add 38 guest rooms, including 30 guest rooms in three two-story buildings and eight rooms in two four-bedroom golf cottages fronting the first fairway of Pebble Beach Golf Links. The Fairway One complex will also include a new meeting facility anchored by a 2,500-square-foot meeting room.

“The Lodge and Pebble Beach Golf Links are where our story began in 1919, and now, as we approach our 100th anniversary, the addition of Fairway One will help us continue that legacy for the next 100 years,” said Bill Perocchi, CEO of Pebble Beach Company. “Our guests will find that Fairway One maintains the style, personality, and signature amenities and services that they have come to expect at The Lodge, while delivering a little more privacy and an upgraded experience all its own.”

Fairway One is part of a series of upgrade projects taking place at the resort property, among them the phased renovation of all 454-guest rooms at The Lodge, The Inn at Spanish Bay and Casa Palmero, and subtle restorations to Pebble Beach Golf Links. All of these enhancements are being completed in preparation for hosting the 2018 U.S. Amateur and 2019 U.S. Open championships, as well as the celebration of the resort’s 100th anniversary in 2019.

WEB GEMS:

IT WON’T BE FOR A LACK OF EFFORT: Tiger Woods has not given up hope of competing in next month's U.S. Masters and is trying everything he can to overcome back problems, the former world number one said on Monday. Woods, speaking during an interview with ABC's "Good Morning America", returned to the PGA Tour in January after a 17-month absence but has struggled with a nagging back problem. "I'm trying everything I can just to be able to get back and play," Woods said when asked if he thought he had a chance of playing in the April 6-9 Masters. READ MORE>>>

COME ONE, COME ALL! The course that will host the 2020 Olympic golf tournament has avoided being stripped of the event by deciding to change its membership policy to include women. READ MORE>>>

ANSWERS: “I really loved La Costa, I just really enjoyed the tournament there. And once I left La Costa, I think my game left, as well. I don't know, I didn't have much success in the desert at all.”--Adam Scott last year prior to the start of the WGC Match Play. He has decided to pass on the 2017 event.

Bernhard Langer closed with an 8-under-par 65 on Sunday to break Gil Morgan’s 17-year-old PGA TOUR Champions record for consecutive sub-par rounds. Langer’s 65 gave him 32 in succession dating back to last year.

THE INFORMATION CONTAINED IS BELIEVED TO BE RELIABLE, BUT IT IS NOT GUARANTEED. THE OPINION EXPRESSED IS THAT OF TERRY MCANDREW AND SHOULD NOT BE CONSIDERED A SOLICITATION TO BUY OR SELL SECURITIES IN ANY OF THE COMPANIES DISCUSSED WITHIN THIS NEWSLETTER. CONTENTS OF THIS NEWSLETTER MAY NOT BE REPRINTED OR REBROADCAST WITHOUT THE EXPRESSED WRITTEN CONSENT OF TMAC GOLF

 

 

Web Street Golf Daily Pulse
VOLUME 7, NUMBER 55                                                         
Monday, March 20, 2017

ANY IDEA WHO SAID THIS? “It's pretty good. I've got, I had a second in South Africa at the start of the year, felt like I started off pretty good. And then a 7th in Mexico and was playing in the final group for the last two days. And then here I'm going to finish Top-5 (Arnold Palmer Invitational). So it's been good. I haven't had the win that I've wanted, but it's been good consistent play and that hopefully bodes well for the year ahead.”

BRAIN TEASER: Marc Leishman went five years between victories on the PGA TOUR. Can you name his only other win before claiming the 2017 Arnold Palmer Invitational?

WORKING HOLIDAY? Online golf community and training resource UltimateGolf.com (UG) has announced the launch of its ‘Write On Par’ competition, which promises to send one golf fan to the 117th US Open in Erin, Wisconsin. The winner will get the opportunity to act as UG’s field reporter, delivering daily updates and details of their experience to the Ultimate Golf headquarters where it will be shared with the wider UG community across the country.

To enter, participants must submit a 200-word article on the 2016 US Golf Open (116th event) final round as well as a golf-themed selfie to capture their personality. The best and most original submission will be selected to win.

The grand prize includes round-trip air transfer to Wisconsin, 8-nights hotel accommodation and a ‘Trophy Club’ ticket package to Erin Hills, which grants the attendee access to the Gallery, the tented pavilion and every day of the tournament between June 12-18, 2017. A playoff ticket is also provided if needed. All entries should be submitted at http://www.ultimategolf.com/write-on-par-us-open-golf-ticket-competition/ by 11:59 p.m. EST on Saturday, April 15, 2017, in order to be included in the competition.

LOOKING FOR AN EDGE? Tour Edge considers itself golf’s most solid investment, due to its prices that come with a lifetime warranty and a 30-day play guarantee. The company introduced a limited number of its new CBX irons at the PGA Show in Orlando, FL back in January. Now Tour Edge is ready for a full introduction into the market. The CBX forged irons feature new, softer materials, CNC milled face and cavity for the utmost in stability and forgiveness, according to the company.

The Exotics CBX irons are triple forged from Japanese S25c Carbon steel for a softer feel. Tour Edge engineers CNC mill the faces for perfect flatness, the company said. The square grooves are also CNC milled for 100 percent USGA compliant grooves. Every groove is computer laser engraved ensuring that every club head will pass USGA inspection.
 
The cavity in the CBX forged irons is designed for the most advantageous MOI and forgiveness by CNC milling, Tour Edge said. “The CNC milling allows us to control the depth precisely ensuring we take as much material out and place it in the flange area for more forgiveness and higher launch,” explained David Glod, President and Founder of Tour Edge Golf. 

Projected ship date is April 4, 2017. The CBX forged irons suggested retail pricing: $125 per club stock steel shaft, and $150 per club in Recoil graphite and custom steel shafts.

FORE! There were seven drives of 362 yards or more last week at Bay Hill. Four of them belonged to Rory McIlroy, all recorded in the final round. His longest poke was 383 yards!

A DIFFERENT DAY? Defending champion Jason Day posted rounds of 70-71-75-70 to finish at 2-under 286 (T23) at the Arnold Palmer Invitational. This marks the second consecutive tournament Day has failed to post a round in the 60s (Genesis Open: 70-70-75-71). In 18 rounds this season, Day has only posted four sub-70 scores.

GO FIGURE? With weekend rounds of 69-68, Hudson Swafford finished T10, his first top-10 since his win in January at the CareerBuilder Challenge. Since his victory, Swafford missed three consecutive cuts and finished T38 at the Valspar Championship before his T10 at the API.

WINNER’S CLUBS: Raise your hand if you saw Marc Leishman winning the Arnold Palmer Invitational going into Sunday? You’re hardly alone if you didn’t see the Aussie coming out on top. Sports remains the best reality television! Leishman was complimentary of some of the equipment he used to close the deal. “I got a new Callaway driver in at the start of the year and it's really been a game changer. I've been driving it better than I ever have. Which, it's funny, the game's a lot easier out of the fairway. So that's been probably the biggest difference. And then just the putter. The putter's been amazing this year. The stats probably show that. Especially this week. But I feel like all year it's been really close and I just haven't played how I wanted to on Sundays,” he said after claiming the win. He earned a three-year exemption, instead of the two-year exemption awarded at other Tour events by winning the Arnold Palmer Invitational. He also earned a spot in the 2017 Masters field, which he was not qualified for prior to the win.

Here is what Marc Leishman had in his bag at the 2017 Arnold Palmer Invitational:

Driver: GBB Epic Driver (9*)
Fairway Metal: GBB Epic (15*, 21*)
Irons: Apex Utility 3-iron, Apex Pro 16 Irons (4-PW)
Wedges: Mack Daddy Forged Wedge (54*), Titleist Wedge (58*)
Putter: Odyssey Versa #1 Wide Black Putter
Golf Ball: Chrome Soft X

Marc Leishman’s– Numbers for the week:
Eagles: 1
Birdies: 16
Pars: 48
Bogeys: 7
Double Bogeys: 0
Cumulative Score: 277

WEB GEMS:

END OF AN ERA? The Masters, with its famed azaleas, precisely manicured greens and towering trees is bigger than any one golfer, even Tiger Woods. With the first major of the year three weeks away, Woods is still nursing an ailing back and his chances of teeing it up at Augusta National, where he is a four-time winner, do not look promising. Even if Woods does play, his chances of making the halfway cut and playing on the weekend appear bleak. But sports industry analysts say an absence of Woods from Augusta National will not have nearly as much of an impact as in 2014 when, as the world's top-ranked golfer, he missed the Masters for the first time. READ MORE>>>

SENIOR MOMENTS! Tom Lehman took advantage of senior newcomer Steve Stricker's late mistakes Sunday to win the Tucson Conquistadores Classic for his 10th PGA Tour Champions victory. READ MORE>>>

ANSWERS: “It's pretty good. I've got, I had a second in South Africa at the start of the year, felt like I started off pretty good. And then a 7th in Mexico and was playing in the final group for the last two days. And then here I'm going to finish Top-5 (Arnold Palmer Invitational). So it's been good. I haven't had the win that I've wanted, but it's been good consistent play and that hopefully bodes well for the year ahead.”--Rory McIlroy.

Marc Leishman’s maiden PGA TOUR title came at the 2012 Travelers Championship, which was 111 starts ago.

THE INFORMATION CONTAINED IS BELIEVED TO BE RELIABLE, BUT IT IS NOT GUARANTEED. THE OPINION EXPRESSED IS THAT OF TERRY MCANDREW AND SHOULD NOT BE CONSIDERED A SOLICITATION TO BUY OR SELL SECURITIES IN ANY OF THE COMPANIES DISCUSSED WITHIN THIS NEWSLETTER. CONTENTS OF THIS NEWSLETTER MAY NOT BE REPRINTED OR REBROADCAST WITHOUT THE EXPRESSED WRITTEN CONSENT OF TMAC GOLF

 

 
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