News

Callaway announces record net sales and earnings for Q1 2018

Published

8 years ago

Apr 27, 2018

It’s been a great 2018 for Callaway Golf thus far, so it’s not hard to see why CEO Chip Brewer is smiling.

While you’ll want to head over to your preferred financial news site for deep dive into the balance sheet and Q1 results, here are a few highlights from the company’s earnings press release and conference call.

Yesterday, the company announced record sales and earnings for Q1, 2018. Not surprisingly, Callaway increased its sales and earnings estimates for the rest of 2018.

Callaway’s net sales increased $94 million (31 percent) to $403 million in the first quarter of 2018, compared to Q1 2018. Earnings per share increased $0.38 to $0.65.

Woods	+ 19.7%	U.S.	+ 31.9%
Irons	+ 61.3%	Europe	+ 14.8%
Putters	+ 23.8%	Japan	+ 49.0%
Golf Balls	+ 13.9%	Rest of Asia	+ 35.0%
Gear & Other	+ 35.3%	Other	+ 7.5%

“It has been a strong start to 2018,” said Chip Brewer, President and Chief Executive Officer of Callaway Golf Company. “Sales across our entire product line, including the Rogue line of woods and irons as well as the new Chrome Soft golf balls, are off to a strong start and we also benefitted from improved foreign exchange rates and market conditions. As a result, our EBITDA increased 95% during the first quarter.

“Business around the globe remains strong with all major regions reporting significant sales growth and our new businesses are performing at or above plan. While I am mindful that the first quarter generally represents the initial sell-in for the new golf season, I am pleased overall with how our business is performing and am cautiously optimistic for the balance of the year.”

What Brewer’s cautious optimism looks like quantitatively: expected 2018 net sales between $1.17 billion and $1.19 billion, compared with a prior guidance of sales between $1.12 billion to $1.14 billion.

Here are a few more remarks of note from CEO Brewer during the earnings conference call

“Revenues were up 31% to $403 million and fully diluted earnings per share, as well as trailing 12-month EBITDA more than doubled. Our new products, particularly the Rogue line of woods and irons, as well as our new Chrome Soft golf balls featuring Graphene are resonating on a global basis, and our new business initiatives continue to perform at or above expectations. We have made and are continuing to make significant investments in our business, which we believe are paying off nicely for shareholders.”

“In the U.S., our revenues were up 32% for the quarter. The quarterly performance was driven by double-digit growth in our core business, as well as the addition of TravisMathew, which had an outstanding quarter as well.”

“For the quarter, Callaway was the number one total hard goods brand, number one in total clubs, woods, irons, and putters. In golf balls, we remain the number two brand with 16.2% dollar share, up 220 basis points year over year.”

You can read the full conference call transcript on Seeking Alpha

And you can find Callaway’s earnings press release here.

News

GolfWRX’s Father’s Day Gift Guide (2026)

Published

2 days ago

Jun 9, 2026

GolfWRX Staff

A reminder from your friends at GolfWRX: Father’s Day is June 21. And as we do every year, we’re rounding up the best gifts for dad.

As we say every year, there’s no better golf-related Father’s Day gift than a round of golf with pops. Be it a country club or your favorite muni, take the time to get together to play 18 if you can.

Let’s get to the gifts.

Ghost Golf Qualifier Diamond Polo

We like the new polos that Ghost is offering, as the fabric and fit are so good. These new Qualifier Collection polos breathe well, are lightweight, stretch with your swing, and of course look great. You can wear them on the course, in the office, or just out at a casual event and they will fit right in.

Buy here.

STR8-Strip Grip Tape Remover

If your dad is an equipment aficionado and tinkers with his clubs, this tool works wonders. Removing grip tape has never been easier, just put a little head on the tape and the STR8-Strip peals it right off the shaft without any damage.

Buy here.

Why Golf: Putting Thing

When it comes to practice, it is good to have a purpose. This “Putting Thing” sure does it. We know from personal experience how challenging it can be and how rewarding it is on the practice green. This also provides some competition for your kiddo to see who will unload the dishwasher or do the next chore around the house.

Buy here.

OluKai Lae‘ahi Men’s Breathable Slip-On Shoes

Riding to and from the course in style and comfort is always a good thing. If you’re in a hurry, it’s a nice feature to slide into your shoes and get to the tee time. For the post-game shoe, at your locker or while putting your clubs away in the car. Nice to slide into a shoe that looks good anywhere. Pair that with meeting the family for dinner, no need to change!

Buy here.

Therabody Theragun Relief

A little wellness goes a long way. Keeping loose is a good way to go when it comes to the weekend game or treatment during the week. If there is a little ache or pain, the Theragun is there to help out. Help loosen up the back for a pre-game warm-up or cool-down.

Buy here.

World Cup golf apparel

Something for the soccer dads. Embrace the World Cup fever this summer on the course with custom gear to support the nation of your choice.

Buy here.

FootJoy Pro SL spikeless golf shoes

Give the old man a break and save his feet with the Footjoy Pro SL Men’s Spikeless Golf Shoes for some added comfort on the course.

Buy here.

Bushnell Wingman 2 GPS speaker

Combine all the hits as well as some game improvement with the Wingman 2 Golf GPS Speaker by getting audible distance readings from 38,000+ courses worldwide through the Wingman 2 remote or speaker.

Buy here.

Personalized Titleist Pro V1 golf balls

The No. 1 ball in golf is a safe bet, and the Pro V1 fits the largest chunk of the bell curve if you don’t know what ball pops plays. Add personalization for a, well, personal touch!

Buy here.

GolfWRX may earn a commission for purchases made through links on this page, at no extra cost to you.

Tour Photo Galleries

Photos from the 2026 OccuNet Classic

Published

2 days ago

Jun 9, 2026

GolfWRX Staff

With the PGA Tour across the border in Canada this week, GolfWRX Tour Photographer Greg Moore stayed stateside and headed to the OccuNet Classic presented by Amarillo National Bank in Amarillo, Texas.

It’s always interesting to see what the guys are playing on the KFT, and this week certainly hasn’t disappointed so far, with some incredible wedge stamping on display.

Check out links to all our albums below.

General Albums

2026 OccuNet Classic (KFT) – Monday #1

WITB Albums

Pullout Albums

Luke Potter’s custom Cameron putter – 2026 OccuNet Classic (KFT)

News

From the GolfWRX Classifieds: Scotty Cameron GOLO 6 with BGT Stability Tour2 2022 M Edition

Published

2 days ago

Jun 9, 2026

Will Schube

At GolfWRX, we are a community of like-minded individuals who all experience and express our enjoyment of the game in many ways.

It’s that sense of community that drives day-to-day interactions in the forums on topics that range from best driver to what marker you use to mark your ball. It even allows us to share another thing we all love – buying and selling equipment.

Currently, in our GolfWRX buy/sell/trade (BST) forum, @HuskerFlyer is sharing a Scotty Cameron GOLO with a BGT Stability Tour2 2022 M Edition shaft. While the putter is certainly enviable, the Augusta-inspired shaft is equally noteworthy.

From the listing:

Scotty Cameron Golo 6 with BGT Stability Tour2 2022 M Edition Scotty Headcover 34″ $375

To check out the full listing in our BST forum, head through the link. If you are curious about the rules to participate in the BST Forum, you can learn more here: GolfWRX BST Rules.