subject: Golfsmith Intl (Nasdaq:GOLF): Ryder Cup Stock +13% [print this page] As we near the Ryder Cup most trading pro's start to look for a horse while they watch the golf on TV and I saw a small trade go thru today on GOLF which has been part of our coverage for a few month's now. Thin trading names can move on small volume and wide bid to offers tell a better story when you pay attention to the tape. I always watch the sports traders during special events and GOLF is worth watching the prints over the next few weeks.
Golfsmith International Holdings, Inc., through its subsidiary, Golfsmith International, Inc., operates as a specialty retailer of golf and tennis equipment, apparel, footwear, and accessories. Its stores offer branded clubs, balls, apparel, and accessories, as well as its proprietary-branded products, including Clubmaker, Golfsmith, Killer Bee, J.G.Hickory, Lynx, Profinity, Snake Eyes, TourTrek, XPC, Zevo, Maggie Lane, and ZTech.
The company stores also provide club components, club making tools, supplies and on-site club making, custom club-fitting, and club repair services, as well as tennis equipment, and tennis racquet maintenance and repair services. In addition, Golfsmith International Holdings develops and promotes proprietary merchandise, including clubs, club components, apparel, golf bags and covers, pull and push carts, shoes, furnishings, accessories, training aids, and gifts. As of January 2, 2010, it operated 74 stores in Alabama, Arizona, California, Colorado, Connecticut, Florida, Georgia, Illinois, Indiana, Michigan, Minnesota, New Jersey, New York, Ohio, North Carolina, Oregon, Pennsylvania, Tennessee, and Texas. Golfsmith International Holdings also offers its products through catalog and Internet sales. The company was founded in 1967 and is headquartered in Austin, Texas.
