ASHWORTH’s net loss was $2,448,000 against
ASHWORTH’snet loss was $2,448,000 against a loss of $50,000 for the period ended Jan. 31.Q1 revenues fell 6% to $38,272,000 from $40,612,000. By segment, U.S. golfsales, facing increased competitive pressure and market softness, dipped 22% to$9.0 million; corporate revenues improved 2% to $5.7 million; retail revenuesfell 21% to $4.1 million on slow holiday sellthrough; Gekko Brand salesincreased 3.5% to $10.4 million on higher revenues from the college bookstorechannel; company-own store sales rose 19% ... Log in to view full article.