Callaway Disappoints Investors But Promises Changes

2006-08-10T00:00:00

Investors are reportedly skeptical of Callaway Golf’s 3-year business plan to return the company to higher profitability. Some are suggesting that the company should be sold to a private equity group. Net income did grow by 23 percent to $22.5 million in the 2nd quarter, but the result was below ...

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