Professional
Added to YB: 2026-07-27
Pitch date: 2026-07-23
CALY [neutral]
Callaway Golf Company
Author Info
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Company Info
Callaway Golf Company designs, manufactures, and sells golf equipment, golf and lifestyle apparel, and other accessories in the United States, Europe, Asia, and Internationally.
Market Cap
$3.2B
Pitch Price
N/A
Price Target
N/A
Dividend
N/A
EV/EBITDA
15.29
P/E
65.44
EV/Sales
1.60
Sector
Leisure Products
Category
special_situation
O'Keefe Stevens Advisory Portfolio Holding: Callaway Golf Company
CALY (holding update): Post-TopGolf sale reveals clean club/ball/apparel biz. Q1 net sales +9.2% to $687.5M, adj EBITDA +31% to $163.7M, non-GAAP net income +96%, GM +260bps despite $18M tariff hit. Raised FY guide. Bought back 5.6M shares at $14.08, settled $258M converts in cash, net cash. Upside remains.
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