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Callaway’s Second Quarter Below Forecasts
July 7, 2005
Reuters is reporting that Callaway Golf’s second quarter was below forecasts. Callaway, however, says that
There apparently are several issues here: one, related to the purchase of Top Flite, and the other:
The maker of the Big Bertha line of clubs is struggling to regain market share from its rivals like Adidas-Salomon’s (ADSG.DE: Quote, Profile, Research) TaylorMade, whose lower-priced models have cut into Callaway’s profits.
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I played Callaways for years until just recently. I love my TaylorMade 540XD and my Ping G2 irons.
Posted by ben on 07/08
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