Callaway Cuts Losses

Callaway Golf has reported that it has cut its third quarter losses to $4.8 million, down from $35 million in the third quarter a year ago.

If charges for its acquisition of Top-Flite were excluded, Callaway would actually have shown a profit.

Much of the turnaround came from a 23% growth in the golf ball market.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: