Net income declined 61% to $1,099,631 from $2,843,083for the period ended Oct. 3 as the golf specialty chain dealt with unevenresults in its various markets and a still value-conscious golf consumer butsequential monthly improvement in key metrics. Total Q3 sales declined 11% to$90,586,270 from $101,701,696 and gross margins were down 10 b.p. for theperiod to 34.2% despite ongoing tight expense controls. The chain’s monthlycomparable store sales results in Q3 reflect a double-digit drop in July; ahigh single digit decline in Aug. followed by a low single dip in Sep. Bycategory, consumables were described as down a bit as they followed ... Log in to view full article.