{"id":1043,"date":"2007-09-10T20:19:05","date_gmt":"2007-09-11T03:19:05","guid":{"rendered":"http:\/\/www.carlsbadistan.com\/?p=1043"},"modified":"2007-09-10T20:19:13","modified_gmt":"2007-09-11T03:19:13","slug":"ashworths-third-quarter-in-the-rough","status":"publish","type":"post","link":"http:\/\/www.carlsbadistan.com\/?p=1043","title":{"rendered":"Ashworth&#8217;s Third Quarter In The Rough"},"content":{"rendered":"<p><a href=\"http:\/\/www.carlsbadistan.com\/wp-content\/uploads\/2007\/09\/viewmedia-2.jpg\" onclick=\"window.open('http:\/\/www.carlsbadistan.com\/wp-content\/uploads\/2007\/09\/viewmedia-2.jpg','popup','width=120,height=60,scrollbars=no,resizable=yes,toolbar=no,directories=no,location=no,menubar=no,status=yes,left=0,top=0');return false\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.carlsbadistan.com\/wp-content\/uploads\/2007\/09\/viewmedia-2-tm.jpg\" height=\"49\" width=\"100\" border=\"1\" align=\"left\" hspace=\"4\" vspace=\"4\" alt=\"Viewmedia-2\" \/><\/a>More bad news for Carlsbad&#8217;s little white ball business. If it&#8217;s not <strong><a href=\"http:\/\/www.carlsbadistan.com\/?p=754\" target=\"_blank\">TaylorMade battling Callaway<\/a><\/strong> over patents, it&#8217;s <strong><a href=\"http:\/\/www.ashworthinc.com\/\" target=\"_blank\">Ashworth Golf Company<\/a><\/strong> reporting numbers for the third quarter ending July 31: down 6.4 percent over last year with a consolidated net loss of $5.7 million on net revenue of $49.5 million.<\/p>\n<blockquote><p>In the third quarter of fiscal 2007, the Company&#8217;s consolidated gross margin decreased 270 basis points to 38.2% as compared to 40.9% in the third quarter of fiscal 2006. The decrease in consolidated gross margin was driven significantly by a decrease in revenue without a commensurate decrease in overhead expenses being applied to cost of sales.<\/p><\/blockquote>\n<p>Guess letting people keep their jobs when sales are down is bad for business. But we don&#8217;t golf, so what do we know.<\/p>\n<p><strong>[Link: <\/strong><strong><a href=\"http:\/\/home.businesswire.com\/portal\/site\/google\/index.jsp?ndmViewId=news_view&amp;newsId=20070910006360&amp;newsLang=en\" target=\"_blank\">Businesswire<\/a><\/strong><strong>]<br \/>\n<\/strong> <\/p>\n","protected":false},"excerpt":{"rendered":"<p>More bad news for Carlsbad&#8217;s little white ball business. If it&#8217;s not TaylorMade battling Callaway over patents, it&#8217;s Ashworth Golf Company reporting numbers for the third quarter ending July 31: down 6.4 percent over last year with a consolidated net loss of $5.7 million on net revenue of $49.5 million. In the third quarter of [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0,"footnotes":""},"categories":[8,29],"tags":[],"_links":{"self":[{"href":"http:\/\/www.carlsbadistan.com\/index.php?rest_route=\/wp\/v2\/posts\/1043"}],"collection":[{"href":"http:\/\/www.carlsbadistan.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.carlsbadistan.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.carlsbadistan.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/www.carlsbadistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1043"}],"version-history":[{"count":0,"href":"http:\/\/www.carlsbadistan.com\/index.php?rest_route=\/wp\/v2\/posts\/1043\/revisions"}],"wp:attachment":[{"href":"http:\/\/www.carlsbadistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1043"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.carlsbadistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1043"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.carlsbadistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1043"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}