Financial

Callaway’s profit plunges due to Jack Wolfskin writedown

2020-08-07T15:19:00

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Callaway Golf Co. ended the second quarter in the red due to a $174 million impairment charge related to the Jack Wolfskin goodwill and trade name. It posted a net loss of $167. 7 million for the period, versus net income of $28.9 million for the year-ago quarter. The management ...

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