Last $7.51 USD
Change Today -0.08 / -1.05%
Volume 623.0K
ELY On Other Exchanges
Symbol
Exchange
New York
Frankfurt
As of 8:04 PM 09/19/14 All times are local (Market data is delayed by at least 15 minutes).

callaway golf company (ELY) Snapshot

Open
$7.60
Previous Close
$7.59
Day High
$7.64
Day Low
$7.47
52 Week High
04/1/14 - $10.35
52 Week Low
09/30/13 - $6.95
Market Cap
583.6M
Average Volume 10 Days
481.1K
EPS TTM
$-0.14
Shares Outstanding
77.7M
EX-Date
08/20/14
P/E TM
--
Dividend
$0.04
Dividend Yield
0.53%
Current Stock Chart for CALLAWAY GOLF COMPANY (ELY)

callaway golf company (ELY) Related Businessweek News

View More BusinessWeek News

callaway golf company (ELY) Details

Callaway Golf Company, together with its subsidiaries, designs, manufactures, and sells golf clubs and balls. It offers drivers, fairway woods, hybrids, irons, wedges, and putters. The company also designs and sells golf accessories, such as golf apparel and footwear, golf bags, golf gloves, headwear, towels, umbrellas, eyewear, and travel gear under the Callaway Golf, Odyssey, and Strata brand names. In addition, it licenses its trademarks and service marks for use on golf related accessories, including golf apparel and footwear, prescription eyewear, golf gloves, umbrellas, and practice aids. The company sells its products directly to golf retailers, sporting goods retailers, and mass merchants; and to third-party distributors in the United States, as well as in approximately 100 countries worldwide. It also sells pre-owned golf products through its Website callawaygolfpreowned.com; and Callaway Golf and Odyssey products directly to consumers online through its Websites callawaygolf.com and odysseygolf.com. The company was founded in 1982 and is based in Carlsbad, California.

1,700 Employees
Last Reported Date: 02/27/14
Founded in 1982

callaway golf company (ELY) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $700.0K
Chief Financial Officer and Senior Executive ...
Total Annual Compensation: $542.0K
Senior Vice President of Global Operations
Total Annual Compensation: $395.6K
President of East Asia and Managing Director ...
Total Annual Compensation: $417.9K
Senior Vice President of Research and Develop...
Total Annual Compensation: $342.0K
Compensation as of Fiscal Year 2013.

callaway golf company (ELY) Key Developments

Callaway Golf Seeks Acquisitions

Callaway Golf Co. (NYSE:ELY) will consider acquisitions. Callaway Golf filed a shelf registration in the amount of $200 million. The net proceeds that will be received from the sale of the securities will be used for general corporate purposes, which may include, among other things: reducing or refinancing indebtedness; acquisitions; stock repurchases and capital expenditures; and for working capital.

Callaway Golf Company Declares Quarterly Dividend Payable on September 12, 2014

Callaway Golf Company Board of Directors has declared a regular quarterly cash dividend of $0.01 per share on its Common Stock. The dividend is payable on September 12, 2014 to shareholders of record at the close of business on August 22, 2014.

Callaway Golf Co. Announces Unaudited Consolidated Earnings Results for Second Quarter and Six Months Ended Jun. 30, 2014 ; Reiterates Earnings Guidance for the Year 2014

Callaway Golf Co. announced unaudited consolidated earnings results for second quarter and six months ended Jun. 30, 2014. For the quarter, the company reported net sales of $231,893,000, income from operations of $10,811,000, income before income taxes of $5,242,000, net income allocable to common shareholders of $3,369,000 or $0.04 per diluted share, adjusted EBITDA of $25,541,000 compared to the net sales of $249,646,000, income from operations of $11,478,000, income before income taxes of $11,506,000, net income allocable to common shareholders of $9,288,000 or $0.12 per diluted share, adjusted EBITDA of $20,448,000 for the same quarter a year ago. For the six months period, the company reported net sales of $583,767,000, income from operations of $72,488,000, income before income taxes of $62,028,000, net income allocable to common shareholders of $58,681,000 or $0.66 per diluted share, net cash used in operating activities of $31,335,000, capital expenditures of $6,238,000 compared to the net sales of $537,402,000, income from operations of $51,606,000, income before income taxes of $55,635,000, net income allocable to common shareholders of $50,165,000 or $0.59 per diluted share, net cash used in operating activities of $67,040,000, capital expenditures of $6,004,000 for the same period a year ago. The company reiterated earnings guidance for the year 2014. Net sales for the full year 2014 are estimated to range from $880 to $900 million, compared to $843 million in 2013. The company believes this growth rate will exceed the overall market and be driven by brand momentum and market share gains. Gross margins are estimated to improve to approximately 41.7%, compared to 37.3% in 2013. This improvement is expected to result from the positive full year impact of the many supply chain initiatives implemented as part of the turnaround strategy as well as an estimated improved mix of full price product sales. Operating expenses are estimated to be approximately $345 million, compared to $326 million in 2013. The increase in operating expenses is due to a planned increase in investments in tour and marketing, higher variable sales related expenses, and modest cost of living increases. Pre-tax income is estimated to range from $15 to $19 million, with a corresponding tax provision of approximately $6.5 million. Fully diluted earnings per share is estimated to range from $0.12 to $0.16 per share compared to a 2013 loss per share of $0.31. The company estimated full year capital expenditures to be approximately $50 million, which is consistent with previous guidance. And depreciation and amortization expense for the first half was $11 million and is estimated to be approximately $25 million for the year, also consistent with previous guidance.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
ELY:US $7.51 USD -0.08

ELY Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Arctic Cat Inc $36.36 USD -1.49
Crocs Inc $13.06 USD -0.26
Dunlop Sports Co Ltd ¥1,245 JPY +2.00
Johnson Outdoors Inc $26.51 USD +1.44
Li Ning Co Ltd $4.44 HKD +0.11
View Industry Companies
 

Industry Analysis

ELY

Industry Average

Valuation ELY Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.7x
Price/Book 1.7x
Price/Cash Flow NM Not Meaningful
TEV/Sales 0.4x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact CALLAWAY GOLF COMPANY, please visit www.callawaygolf.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.