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Callaway Golf Beats Analyst Expectations For Q2, But Falls Short Of Sales Goals

Published in SportsBusiness Daily on 07 / 30 / 15

Callaway Golf yesterday "posted mixed financial results" for its Q2, with earnings beating analyst expectations "despite lower than anticipated sales," according to Mike Freeman of the SAN DIEGO UNION-TRIBUNE. Callaway reported revenue of $231M, "flat with the same quarter last year but slightly bel...

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Norman's Company Opens Investment Arm

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Wilson Purchases Louisville Slugger

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FIFA Makes Record Revenue Of $2B

The World Cup’s commercial power led to record revenue of $2B for FIFA last year, with $337M in profits "coming from the four-year cycle" leading up to the '14 tournament in Brazil, according to the AP. FIFA, which pocketed $140.7M in profit in '14 alone, added $91M to its reserves, "which now ...

Tags: Finance, FIFA

TLA Worldwide Acquires Elite Sports Properties

Talent agency TLA Worldwide today announced the acquisition of Elite Sports Properties in a deal worth up to $19.5M. Under terms of the deal, TLA is paying an initial $10.3M for the Australia-based agency. The amount will be split up into a cash payment of $7.7M along with the allocation of more tha ...

Tags: Finance

Mobile Fantasy Company Closes VC Funding

New York-based daily fantasy sports company Draft has closed on a $3.5M Series A round of venture capital funding, led by California-based Upfront Ventures. Draft offers a mobile-oriented, more casual daily fantasy product, described by company executives as a Words With Friends for fantasy sports b ...

Tags: Finance

Discovery, Liberty Get Formula E Stake

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Tags: Finance

SMI's Admission Revenue Down 5% in '14

Speedway Motorsports Inc. reported a $5.3M decrease in admission revenue across its eight tracks in '14, trending with lower attendance overall for NASCAR events last year, according to SMI officials. Some events were affected by weather at events held at Bristol Motor Speedway and Texas Motor Speed ...

Tags: Finance, Speedway Motorsports Inc.

Adidas Expects "Robust" Sales Growth

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Winter Weather Slows Sales For Dick's

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Tags: Finance, Dicks Sporting Goods

Tony Khan Buys TrueMedia Networks

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Tags: Finance, Jacksonville Jaguars

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