Fortune Brands, the conglomerate parent of Acushnetand Cobra Golf, is projecting full-year operating company contribution from itsgolf segment to rise in the low single digits. FO’s golf segment OCC was up 3%to $121.5 million on an 8% rise in sales to $837.1 million for the nine monthsended Sep. 30.

In Q3, the golf segment had a 1% gain in OCC to $26.1million on an 8% rise in revenues to $236.4 million. OCC trailed sales duringthe period due to higher promotional and R&D costs and the company’sdecision to increase a summer golf ball production shutdown by a week to keepinventories in line. ... Log in to view full article.