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Drive Shack Inc. reported a strong third quarter with total revenue increasing by 16% to $88.7 million compared to the same period last year. The growth was primarily driven by increased event sales across American Golf and Drive Shack, as well as the addition of new Puttery venues.
Total revenue increased by 16% to $88.7 million compared to Q3 2021.
American Golf event revenue increased by 51% compared to Q3 2021.
Drive Shack event revenue increased by 22% compared to Q3 2021.
Puttery venues generated $6.6 million in total revenue.
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