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.
I played Callaways for years until just recently. I love my TaylorMade 540XD and my Ping G2 irons.