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Home  >  austin accounting  >  Golfsmith announces preliminary financial results

Golfsmith announces preliminary financial results

Posted on Wednesday, January 12th, 2011 at 5:46 pm.

Golfsmith International Holdings, Inc., has announced their preliminary financial results for the fourth quarter of the 2010 fiscal year.

For the fourth quarter of 2010 there were multiple highlights such as a net revenue increase of 14.2 percent from the fourth quarter of 2009.

Total inventory for the quarter was at $78.9 million compared to $78.0 million on January 2. Golfsmith has been in business for more than 40 years and specializes in selling golf and tennis equipment, accessories and apparel.

If your business would has questions regarding the financial side of your business, contact the Austin Accounting to discuss your situation.