Callaway posted its results for the fourth quarter of the fiscal year, announcing revenue of $185.53 million, essentially the same as the previous year. Its net income came in at -$32.26 million, down from the previous year, when the company lost $15.55 million.
Callaway posted its results for the third quarter of fiscal 2010, reporting revenue of $175.6 million, an 8% decrease from the previous year. Its net income was -$20.9 million, compared with a loss of $16.1 million the year before.
Callaway Golf Company announced that it has declared a regular quarterly cash dividend of $0.01 per share on its Common Stock.
Lamborghini and Callaway have signed an agreement to connect the resources of their world-renowned Research and Development teams. This unique alliance establishes an ongoing collaboration to develop innovative technologies and materials designed to enhance the performance of each company’s products.
Callaway Golf reported a Q2 net income of $8.8 million, 36 percent above the $6.5 million generated during the same period of last year. Its revenue inched up 1% to $303.6 million from $302.2 million.
PGA Tour professionals Phil Mickelson and Graeme McDowell have captured the year's first two major tournaments, continuing a dominating start to the 2010 season for Callaway, the maker of each player's championship-winning equipment, and adding to the already impressive resume of the winningest driver on tour.
Callaway reported its results for the first quarter of fiscal 2010, posting net revenues of $303 million, compared to net sales of $272 million the year before. Its net income came in at $20.3 million, up from $6.8 the year before
Callaway lost a bid for $246 million in patent- infringement damages from Fortune Brands' Acushnet unit when a jury decided four Callaway golf ball patents aren’t valid
The company has announced that it expects 2010 revenue to end up around $990 million to $1.05 billion, up from the current consensus earnings estimate of $980.1 million for the year.
Callaway announced its Q4 fiscal results, including net sales of $186 million, a 9% increase from the $171 million the year before.
Callaway continues to find success without a famous sponsor such as Tiger Woods (much to the dismary of companies such as Nike), as it is the U.S. market leader in almost every equipment category.
Callaway has launches a wholly owned subsidiary in India and signed the country's top golfer, Jeev Milkha Singh, as its brand ambassador, citing the great potential of the Indian market as their reason for launching the subsidiary.
Callaway announced the January 15th launch of its new Black Series Tour Designs putters under its Odyssey brand
A Wall Street analyst has picked Callaway as one of the top stocks in the leisure industry in the coming year. The analyst cites the poor timing of the financial crisis for Callaway's struggles in 2009 - it hit in winter and spring, when Callaway is usually succesful. As the financial crisis lessens, the analyst expects its business to pick up again, especially due to Callaway's increasing role in the global market
Popular Science magazine honored Callaway's popular uPro® golf GPS device with a 2009 Best of What’s New Award. The award comes just as the Company’s latest golf GPS device, Callaway uPro Go, arrives in retail stores
Callaway announced the launch of the new Solaire line of golf clubs and golf balls for female golfers
Callaway announced that its new line of White Ice putters and Jaw wedges will be in stores November 15
Callaway's business suffered in Q3 of 2009, reporting a net loss of $16 million for the quarter. However, the company expects sales to pick up as the 2012 Olympics draw near. Another bright spot was its sales in Asia, as Asian nations outside of Japan registered $21 million in sales, a 13% increase from the year before
Callaway announced its Q3 2009 results, including $191 million in revenue and -$13.43 million in net income
Callaway, whose Q3 earnings projections fell short of both the firm's and Wall Street's expectations, and, as such, has been dropped to 'hold' status, although experts still believe Callaway has strong long-term prospects
Callaway's stock has fallen with news that the struggling company expects its Q3 earnings to produce a loss of nearly $16 million
Callaway expects its slow business to be helped by a slew of new products and the recent announcement that golf will be added back to the Olympics in 2016
KeyBanc reiterated a 'buy' rating for Callaway due to positive long-term effects such as the addition of golf to the 2016 Olympics, a strong 2010 product line, and the continuation of market share gains in several areas.
After struggling in the market for metal woods over the past couple of years, Callaway announced it is taking its FT IQ driver line off the market after only one year
Callaway Golf announced it had successfully completed its offering of 1.25 million shares of 7.5% series B preferred stock.
Callaway declared a dividend of $0.07 per share, payable April 29, 2009, to shareholders on record as of April 15, 2009.
Perry Ellis International will design, manufacture, and distribute Callaway golf and sportswear apparel in the U.S., Canada, Latin America and the Caribbean.
Callaway Golf global revenue declined 2% in Q4 of 2008. The company had a net loss of $3.2 million, compared with a loss of $16.2 million in Q4 2007.
ELY's sales during Q3 2008 dropped about 9.1% from a year earlier and reached $213.5 million. Additionally, the company reported a loss of $7.4 million because of costs associated with previous acquisitions and its slumping sales. However, the company beat most estimates and believes that its 2009 product line will help boost ELY's financial performance.
ELY laid off 154 employees, mainly because of improvements to its manufacturing processes as it seeks to improve its gross margin.
Callaway Golf Co expects to report profit for the third quarter of 2007. For Q3, the company expects earnings up to $0.02 per share while analysts expected a loss of $0.05 per share for the third quarter. Further, the company expects net sales of approximately $236 million, up 22% from $194 million last year, while the analysts have consensus revenue estimate of $199.12 million for the third quarter. The company also raised its financial outlook for fiscal 2007.