NYSE:CALYLeisure
Callaway’s Refocus on Core Golf and Upgraded Earnings Outlook Could Be A Game Changer For CALY
In recent months, Callaway Golf completed the sale of Jack Wolfskin and Topgolf, reorganizing around two core segments: Golf Equipment and Apparel, Gear and Other, with historical financials recast to reflect these divestitures as discontinued operations.
This renewed focus on core golf and apparel, combined with a very large increase in full-year earnings estimates versus 90 days ago, highlights a clearer business profile that investors can more easily assess.
We’ll now examine how the...