Callaway Golf Reports Third-Quarter Revenue of $436.9 Million and EPS of $0.25
Net sales fell 5.6% year over year, while net income swung from a loss to a profit. Lower golf equipment sales and unfavorable currency impacts weighed on sales; tariff refunds, gross-margin initiatives, a Full Swing investment gain and lower interest expense supported the improvement.
Callaway Golf’s third-quarter net sales declined 5.6% year over year, while net income improved from a loss to profit. Lower golf equipment sales and unfavorable currency impacts weighed on sales; tariff refunds, gross-margin initiatives, a Full Swing investment gain and lower interest expense supp…