Callaway Sticks By Guidance Despite Uninspiring Quarter

Callaway Golf Company reported slight gains for the second quarter ended June 30. Net income was up by 1.3 percent to $37.1 million and the gross margin improved by 0.6 percentage points from last year. However, revenues were off by 3.7 percent to $366.0 million, with a 13.9 percent drop ...

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