Van Wagner Sports Invests In CineSport Puma Reports Decline In Q1 Earnings ESPN Helps Boost Disney's Q2 Income IMG Reportedly Rejected $2B Bid SMI Reports Loss Of $1.3M For Q1 Callaway Golf Sees $42M Q1 Profit UA Exceeds Q1 Earning Expectations IMG Golf Acquires IGP S&E Sources: CAA Prepping Bid For IMG IMG Memo: Do Not Discuss Company's Sale
Upcoming Conferences and Events
CALLAWAY GOLF ANNOUNCES RECORD SALES OF $842.9M IN '97
Published January 29, 1998
Callaway Golf announced that its net sales in the year ended December 31, '97 increased 24% to $842.9M over the previous year's net sales of $678.5M. The company also announced that it had a net income of $132.7M for '97 -- an 8% increase from the $122.3M in '96. Net income included a one-time charge of $12M for the settlement of litigation between Callaway and a former employee (Callaway Golf).