{"id":1799,"date":"2008-01-18T08:47:03","date_gmt":"2008-01-18T15:47:03","guid":{"rendered":"http:\/\/www.carlsbadistan.com\/?p=1799"},"modified":"2008-01-18T08:47:21","modified_gmt":"2008-01-18T15:47:21","slug":"callaway-stock-drives-on-up","status":"publish","type":"post","link":"http:\/\/www.carlsbadistan.com\/?p=1799","title":{"rendered":"Callaway Stock Drives On Up"},"content":{"rendered":"<p>Stock of the Carlsbad-based golf manufacturer <strong><a href=\"http:\/\/www.callawaygolf.com\/en.html\" target=\"_blank\">Callaway Golf<\/a><\/strong> &#8220;jumped 11.8&#8221; on Thursday January 17, 2008 when it was announced that announced a 10 percent gain in net sales to &#8220;$1.25 billion&#8221; for 2007, according to a story in <strong><em><a href=\"http:\/\/www.businessweek.com\/investor\/content\/jan2008\/pi20080117_722329.htm?chan=top+news_top+news+index_investing\" target=\"_blank\">BusinessWeek<\/a><\/em><\/strong>.<\/p>\n<blockquote><p>But that gain isn&#8217;t as impressive as it first appears when you consider that the stock&#8217;s value had dropped 20% over the past two weeks after a couple of golf retailers said that the momentum of sales in the category had slowed substantially, said <strong>James Hardiman<\/strong>, an analyst at <strong><a href=\"http:\/\/www.midwestresearch.com\/\" target=\"_blank\">FTN Midwest Research<\/a><\/strong> in Cleveland, Ohio.<\/p><\/blockquote>\n<p>Sadly, some of the gains the company has made have come from &#8220;shifting its manufacturing operations&#8221; away from Carlsbad to Massachusetts and other locations overseas.  <\/p>\n<p><strong>[Link: <\/strong><strong><a href=\"http:\/\/www.businessweek.com\/investor\/content\/jan2008\/pi20080117_722329.htm?chan=top+news_top+news+index_investing\" target=\"_blank\">BusinessWeek<\/a><\/strong><strong>]<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Stock of the Carlsbad-based golf manufacturer Callaway Golf &#8220;jumped 11.8&#8221; on Thursday January 17, 2008 when it was announced that announced a 10 percent gain in net sales to &#8220;$1.25 billion&#8221; for 2007, according to a story in BusinessWeek. But that gain isn&#8217;t as impressive as it first appears when you consider that the stock&#8217;s [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0,"footnotes":""},"categories":[8,29],"tags":[],"_links":{"self":[{"href":"http:\/\/www.carlsbadistan.com\/index.php?rest_route=\/wp\/v2\/posts\/1799"}],"collection":[{"href":"http:\/\/www.carlsbadistan.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.carlsbadistan.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.carlsbadistan.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/www.carlsbadistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1799"}],"version-history":[{"count":0,"href":"http:\/\/www.carlsbadistan.com\/index.php?rest_route=\/wp\/v2\/posts\/1799\/revisions"}],"wp:attachment":[{"href":"http:\/\/www.carlsbadistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1799"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.carlsbadistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1799"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.carlsbadistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1799"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}