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TWC Enterprises Ltd T.TWC

Alternate Symbol(s):  CLKXF

TWC Enterprises Limited is a Canada-based company engaged in golf club operations under the trademark ClubLink One Membership More Golf (ClubLink). The Company is the owner, operator and manager of golf clubs with 47, 18-hole equivalent championship and two, 18-hole equivalent academy courses (including three managed properties), at about 35 locations in Ontario, Quebec and Florida. Its segments include Golf Club Operations Segment and Corporate Operations and Other Segment. Its golf clubs are organized in clusters that are located in densely populated metropolitan areas and resort destinations frequented by those who live and work in these areas. It also offers golfers in their region a variety of membership, daily fee, corporate event and resort opportunities. ClubLink also has annual membership programs, and the product offerings include Players Card and Players Club in the Ontario/Quebec region as well as the ClubLink Card in the Florida region.


TSX:TWC - Post by User

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Post by undervalueon Oct 03, 2023 4:03pm
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Post# 35667703

Golf rev tracker August and rounds played.

Golf rev tracker August and rounds played.Dollar volumes increased 4.5% over August 2022 with Alberta showing the highest increase followed by Manitoba/Saskatchewan. While all regions gained over August 2022; Atlantic, Quebec and British Columbia saw slight growth. Regionally YTD revenues in all regions were ahead of the prior year, although Ontario’s growth remained quite modest at 3.6%. Transactions in August were up 4.5%, with increases in all regions except British Columbia, bringing YTD transactions to a 10% increase.

Rounds played.

Nationally rounds played in August remained relatively stable, showing a marginal increase of 1.5% compared to the EPORT HIGHLIGHTS previous year. This brings the National YTD rounds to a 2.8% increase over 2022 and still some 22% higher than pre-covid levels. Regionally YTD rounds are up in the western half of the country and down in the east. With the start of YTD weather closure reporting, we can see that Qubec has averaged 18 weather-related closures since May 1 and Atlantic has seen 16. In stark contrast, British Columbia averaged only 3 weather closure days. These differences are visibly reflected in their rounds results with British Columbia showing an increase of approximately 8%, while Quebec and the Atlantic region experienced a decline of 5%. While not solely attributable to weather, it is certainly a contributing factor.
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