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Callaway Golf Company (CALY) Stock News

CALY NYSE

Callaway Golf Company reports developments for a pure-play golf equipment, gear and apparel business built around the Callaway Golf, Odyssey, TravisMathew and OGIO brands. News typically covers financial results, outlook updates, gross margin trends, share repurchases, debt actions and performance across its Golf Equipment and Apparel, Gear and Other segments.

Company updates also include product introductions such as the Quantum family of drivers, fairway woods, irons and hybrids, as well as corporate actions following the completed sale of Jack Wolfskin and a majority stake in Topgolf. The company’s current identity reflects its return from Topgolf Callaway Brands Corp. to Callaway Golf Company and its NYSE ticker change to CALY.

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Callaway Golf Company (CALY) intends to release third-quarter 2026 financial results after the market closes on November 5, 2026. Management will discuss results, business and outlook at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time). The company also announced participation in the Stephens Annual Investment Conference on November 17 in Nashville and the Morgan Stanley Global Consumer & Retail Conference on December 1 in New York.

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Callaway Golf (NYSE: CALY) has appointed Harry Arnett as senior vice president and chief brand officer, returning him to the company.

Arnett previously led Callaway's global brand and marketing from 2012–2019. His new responsibilities cover global brand strategy and demand creation, including creative communications and consumer-facing strategies. Callaway aims to deepen its connection with golfers and drive market-share growth through the role.

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Callaway Golf (NYSE: CALY) reported Q2 2026 net sales of $612.2 million, up 2% year-over-year, with GAAP net income from continuing operations rising 66.6% to $75.8 million and non-GAAP Adjusted EBITDA up 35.8% to $124.9 million. GAAP and non-GAAP gross margins improved to 50.1% and 48.5%, expanding 620 and 460 basis points, respectively, aided by pricing, cost reductions and a $10.8 million Phase 1 tariff refund.

The company fully repaid $258 million of convertible notes and $163 million of term loan B, ending Q2 with $74 million of debt and $278 million of cash, and repurchased $84 million of stock year-to-date (5.9 million shares). Callaway raised its 2026 Adjusted EBITDA outlook to $246–$260 million and updated net sales guidance to $2.045–$2.070 billion, while guiding Q3 2026 net sales to $415–$435 million and Adjusted EBITDA to $10–$20 million, below Q3 2025 levels. Tariff changes are expected to increase 2026 gross tariff expense to about $43 million, partly offset by a refund program with potential of approximately $50 million.

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Callaway Golf Company (NYSE: CALY) plans to release its second quarter 2026 financial results on Tuesday, August 4, 2026, after the market closes. Management will host a conference call to review results and discuss the business and outlook at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time), accessible via a live webcast and presentation in the Investor Relations section of the company’s website, with a replay available about two hours after the event. Callaway Golf Company also announced its participation in the Goldman Sachs 33rd Annual Global Retailing Conference in New York, NY on September 15, 2026.

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Callaway Golf (NYSE: CALY) fully repaid the remaining ~$163 million of its term loan B, after a prior $1 billion voluntary prepayment in January 2026. The repayment, funded with cash on hand, simplifies the capital structure and is expected to reduce future cash interest expense.

After repayment, Callaway Golf reports ~$53 million of gross debt, including ~$44 million under its Japan ABL facility and ~$9 million of equipment notes and finance leases, and over $150 million in unrestricted cash. The company continues to expect to end 2026 in a net cash to zero net leverage position.

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Callaway Golf (NYSE: CALY) reported Q1 2026 results with net sales $687.5M (+9.2%), GAAP net income from continuing operations of $74.9M and non-GAAP net income of $111.8M. Adjusted EBITDA $163.7M (+31.1%). Company repurchased $79M of shares and settled $258M of convertible notes, returning to a net cash position. Full‑year 2026 net sales and Adjusted EBITDA outlook were raised.

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Callaway Golf Company (NYSE: CALY) will release its first quarter 2026 financial results on Thursday, May 7, 2026 after market close.

Management will host a conference call at 2:00 p.m. PT / 5:00 p.m. ET with a live webcast and a replay available via the company Investor Relations website. Upcoming investor events and conference participation dates were also listed.

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Callaway Golf (NYSE: CALY) reported Q4 and full‑year 2025 results and completed portfolio sales that return the company to a pure‑play golf equipment focus. The company reported $2.06B net sales for 2025 and $222.4M Adjusted EBITDA, initiated 2026 guidance of $1.98B–$2.05B revenue and $170M–$195M Adjusted EBITDA, and emerged in a net cash position with approximately $680M cash and $480M gross debt.

Callaway used transaction proceeds to repay $1.0B of term debt, plans to retire $258M convertible notes in May 2026, and announced a $200M share repurchase program.

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Callaway Golf (NYSE: CALY) announced it intends to release its fourth quarter and full year 2025 financial results on Thursday, February 12, 2025, after the market closes. Management will hold a conference call at 2:00 p.m. Pacific Time (5:00 p.m. Eastern) to review results and outlook.

A live webcast and presentation will be available via the company's Investor Relations website, with a replay posted approximately two hours after the event. Investor relations will attend the BofA Securities Consumer and Retail Conference in Miami on March 10, 2026 and the UBS Global Consumer and Retail Conference in New York on March 11, 2026.

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Callaway Golf (NASDAQ: CALY) on Jan 16, 2026 introduced the all-new Quantum family of Drivers, Fairway Woods, Irons, and Hybrids, engineered with new multi-material and AI-optimized designs.

Key features include the Tri-Force Face for drivers (Titanium + Poly Mesh + Carbon Fiber) to boost speed, next-generation Ai tuning, Speed Wave 2.0 in fairway woods/hybrids for faster ball speeds, Step Sole and Ai-Optimized faces for turf contact and consistency, and Modern 360 Undercut and Progressive Tri-Sole in irons for higher launch and forgiveness.

U.S. retail availability: Drivers/Fairways/Hybrids on Feb 13, 2026; Irons on Feb 27, 2026. Starting U.S. prices: Drivers $649.99, Fairway Woods $399.99, Hybrids $349.99, Irons $1,149.99 (7-piece set).

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FAQ

What is the current stock price of Callaway Golf (CALY)?

Callaway Golf (CALY) last closed at $15.19.

What is the market cap of Callaway Golf (CALY)?

The market cap of Callaway Golf (CALY) is approximately $2.7B.