News & Events zu Callaway Golf Co (CALY)CALYCallaway Golf Co

Callaway Golf Reports Q2 Revenue of $612.2M

Reports Q2 revenue $612.2M, consensus $605.63M. "We are very pleased with our second quarter results with our revenue growth, gross margin improvement and Adjusted EBITDA all exceeding expectations," commented Chip Brewer, President and Chief Executive Officer of Callaway Golf Company. "We also continued to make significant progress on our capital allocation strategy with the repurchase of an additional $42 million of our common stock and the repayment in full of our $258 million of convertible notes and the $163 million that was remaining on our term loan B. While there is more opportunity ahead, we are pleased with the significant progress we have made, both operationally and financially, only six months into our return as a pure play golf company. We also remain encouraged by overall market conditions and the continued resilience of the golf consumer."

BofA Acts as Sole Book Running Manager

BofA is acting as sole book running manager for the offering.

Company Reports Q1 Revenue of $687.5M

Reports Q1 revenue $687.5M, consensus $688.42M.