Callaway Clubs Selling Quick
Callaway shares were up 8% today on news that the companies latest round of drivers are selling like lapdances. (Is that how it goes?) A Callaway press release credits three product areas:
— increased driver sales associated with the early launch of the FT-i and FT-5 fusion technology products
— increased irons sales associated with the X-20 and X-20 tour models as well as the new X-forged product line
— increased accessories sales associated with footwear, bags, and gloves
While the company is hesitant to say they are taking the season, early results are positive. It seems golfers are dying for “the worlds straightest driver.” Or maybe they’re just following Ernie Els.


July 26th, 2007 at 6:28 pm
[…] two year highs. The club and ball maker has had a spectacular turnaround the last two quarters as new products (drivers) and cost cuts have jump started growth at the firm. But the run in the stock may be […]