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00:02Golf's pandemic-era boom has proven more durable than past surges,
00:06driven by younger and more diverse participants, according to the Wall Street Journal.
00:11Rounds played in the U.S. rose 14% in 2020 and have grown nearly every year since,
00:17with rounds up 5.3% through April compared to a year earlier, according to Surkana.
00:23Golf equipment ranks among the top-performing sports categories tracked by Surkana,
00:27according to the firm's sports equipment director.
00:31Akushnet shares have nearly tripled over six years,
00:33while Callaway, following its planned Topgolf stake sale,
00:37now carries a net cash balance sheet and higher operating margins.
00:41Golf entertainment venues have grown 80% since 2019,
00:45and commercial simulator locations have roughly doubled in three years,
00:49driving off-course participation up 63% since 2019.
00:53Younger and more diverse participants are fueling the trend,
00:56with junior on-course participation up 58% in 2025 versus 2019.
01:03For all things money, visit Benzinga.com.
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