Callaway Looking Up In Second Quarter

by The Editors on July 19, 2007

CallawayGolf giant Callaway is reporting better-than-expected sales of drivers and irons, according to the San Diego Union-Tribune.

The Carlsbad golf club maker estimated that net sales will be roughly $380 million, up 11 percent from the previous year. Earnings are expected at 50 cents to 53 cents a share, including one-time charges of 2 cents a share.

These results are apparently beating the street.

[Link: San Diego Union-Tribune]

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