Net income inched up 1% in the third quarter to $49,186,000 from $48,511,000, but revenues slipped 1% to $649,230,000 from $657,658,000, as strong Titleist ball sales were not enough to overcome declines in all other categories. Golf equipment sales were just positive overall, with balls up 3% to $209.1 million and clubs down 2% to $220.7 million, impacted by the decision to accelerate the GTS metals launch into Q2 from Q3. FootJoy golf wear sales dropped 8% to $126.2 million, and golf gear sales fell 10% to $55.4 million, both suffering ... Log in to view full article.