- Execs with Dick's Sporting Goods (DKS -1.2%) delivered a somber outlook on demand for golf apparel and equipment during the firm's conference call yesterday.
- The company saw sales drop 10% at its Golf Galaxy business and decline at a high single digit rate at Dick's stores.
- "We don't feel we found that bottom yet in the golf sales number," warns management.
- Callaway Golf (ELY +0.5%) is the company standing in harm's way if golf demand stays weak.
- Earnings call transcript