Callaway Golf Is #1 in Drivers, Fairway Woods and
24.03.1999, 12:30
Irons - on Five Major Tours and at Retail
CARLSBAD, Calif. (ots-PRNewswire) - Fueled by the successful
introduction of its latest technological breakthrough, the Hawk
Eye(R) line of titanium metal woods, Callaway Golf (NYSE: ELY)
enters golf's major championship season as the major
manufacturing champion -- the #1 choice in drivers, fairway woods
and irons on the five major professional tours around the world
combined for the period of January 7 to March 14, 1999.
Callaway Golf's tour dominance continues despite a number of
major spending cutbacks by the company, including a reduction in
tour spending of $7 million from 1998 levels. The cuts also
included reduction or elimination of bonus pools and tee-up
programs, yet Callaway has maintained its position as both the
predominant clubs of choice among touring pros and as the #1
selling brand at retail.
"This reinforces our belief that superior products are this
company's biggest asset," said Ely Callaway, Founder and CEO of
Callaway Golf. "We have been able to maintain and, in some cases,
expand our market share while significantly lowering our spending
on the professional tours. This demonstrates that professionals
continue to choose our golf clubs to make their living and that
amateur golfers around the world, regardless of gender and skill
level, find that our golf clubs give them the most satisfaction
and more opportunities to hit enjoyable shots more often."
The facts on Callaway Golf's 1999 tour penetration for the
period according to the Darrell Survey:
-- PGA Tour: Nearly one of every three PGA Tour pros (30.1%)
uses a driver made by Callaway Golf. That represents a decrease
from 1998 levels of 38.8%, but is offset by an increase in
fairway wood penetration -- which is up to 34%, easily #1 on the
Tour.
-- Senior PGA Tour: Callaway is #1 in driver usage at 36%, #1
in fairway wood usage at 41%, and #1 in iron usage at 22.4% -- a
clean sweep. The increase in fairway wood usage (up from 36% in
1998) comes despite the fact that Callaway Golf does not pay tee-
up or pool money for fairway wood use.
-- LPGA: Seven of 10 LPGA pros (71.2%) use Callaway Golf
fairway woods. That is an increase over 1998 levels (67%) and is
indicative of Callaway Golf's dominance on the LPGA. Drivers from
Callaway Golf are #1 at 56% usage and Big Bertha Irons from
Callaway Golf are an overwhelming #1 choice, used by 43.9% of
LPGA pros compared to 13.9% by our nearest competitor. In the
first eight tournaments on the LPGA schedule, five winners used
drivers made by Callaway Golf.
-- Nike Tour: Although the company has no driver pool or
driver tee-up programs on this tour, Callaway Golf remains a
strong #1, both in driver usage (45%) and fairway wood usage
(45.1%).
-- PGA European Tour: An ocean away, the story is the same.
Callaway Golf's drivers and fairway woods both are #1 among pros
on the PGA European Tour, with a driver penetration of 47.6%
compared to 14.6% by the nearest competitor, and a fairway wood
margin of 54.3% compared to 13.6% by the nearest competitor.
-- The vast majority of the Callaway drivers and fairway
woods in use on the tours are various models of the Big Bertha(R)
line.
Counting all five major tours combined from January 7 to March
14, 1999, the numbers from the Darrell Survey are as follows:
Drivers from Callaway Golf are used by 42.3% of pros (nearest
competitor is 22.6%); Fairway Woods by Callaway Golf are used by
52% of pros (nearest competitor is 13.8%); Irons by Callaway Golf
are used by 18.3% of pros (nearest competitor is 15.9%).
According to figures compiled by Golf Datatech and Sports
Research Inc.'s Golf Dealer Trends reports, Callaway Golf was the
#1 seller of woods and irons at retail for all of 1998 and for
the first month of 1999 -- the most recent period for which
figures are available.
All the numbers add up to a single indisputable fact: Callaway
Golf clubs are #1 with golfers around the world, from highly
skilled professional to amateurs.
For more information about Callaway Golf Company, please visit
our Web site at www.callawaygolf.com. ots Original Text Service:
Callaway Golf Company Internet: http://www.newsaktuell.de
Contact: Larry Dorman, Mike Galeski, or Jamie Taylor, all of
Callaway Golf Company, 760-931-1771 Web site:
http://www.callawaygolf.com
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