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Mixed Q4 Results For Callaway, As Some Numbers Beat Expectations

Callaway Golf reported "mixed financial results and forecasts," with Q4 revenue of $135M coming up "a little short" of the $139M forecast by analysts. The Q4 was smaller than projected. The fourth quarter is "typically the weakest for golf equipment makers." For the full FY '14, Callaway posted net income of $16M, compared with a loss of $19M in '13, marking its "first annual profit" since the '08-09 recession. Callaway forecasts sales of $870M for FY '15 (SAN DIEGO UNION-TRIBUNE, 1/30).

SBJ Morning Buzzcast: March 25, 2024

NFL meeting preview; MLB's opening week ad effort and remembering Peter Angelos.

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