Callaway Loses $7.4 million In The Third

by The Editors on October 30, 2008

CallawayCarlsbadistan’s big bertha of golf may want to spin their numbers all kinds of ways, but in the end Callaway Golf lost $7.4 million in the third quarter on $213.5 million in net sales. The loss, however, was a penny ahead of the street so it’s not all bad news. Plus. . .

The initial feedback on our new 2009 products has been very positive, and we feel the whole product line is stronger than our record 2007 line,” George Fellows, Callaway’s president and chief executive, said in a statement.

Well, at least they’ve got that going for them.

[Link: Reuters]

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