The parent of Titleist, Cobra Golf and FootJoy, saw2002 sales rise 7% to $1,007.5 million. FO executives attributed a large partof the gain to the resurgence of Cobra, which more than doubled its annualsales on the strength of its woods and irons. Management said Titleist/Cobranow ranks second in market share among all golf equipment brands.

Golf’s FY02 operating company contribution (OCC),defined as net sales less all costs and expenses except restructuring andspecial items, rose 1% to ... Log in to view full article.