Callaway Golf (ELY) Reports In-Line Q4 EPS

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Go back to Callaway Golf (ELY) Reports In-Line Q4 EPS

Callaway Golf Company Announces Record Net Sales For Full Year 2018 and Provides 2019 Financial Guidance

February 6, 2019 4:20 PM EST

CARLSBAD, Calif., Feb. 6, 2019 /PRNewswire/ -- Callaway Golf Company (NYSE: ELY) announced today its full year 2018 financial results and provided financial guidance for 2019, including contributions from Jack Wolfskin which the Company acquired in January 2019.

"I am very pleased with our record results for 2018," commented Chip Brewer, President and Chief Executive Officer of Callaway Golf Company. "On a full year basis compared to 2017, our 2018 net sales increased $194 million (19%) and our Adjusted EBITDA increased $55 million (55%). These results reflect not only the strength of the Company's 2018 product line, continued brand momentum and favorable industry... More