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NEWS 2019 Callaway Financials

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JB

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Strong year reported for a market share leader can signal a growing industry. For those that enjoy following the business side, here is a look at Callaway’s 2019.

Record year with net sales of 1.7 billion, which was nearly a 40% increase over 2018.

We will be monitoring the other companies and have some info when reporting takes place.
 
40% increase? Holy crap. Talk about impressive growth.
 
Was thinking 'not at all surprised' as I read record year, but 40% is pretty insane. Wow.
 
Wow, that is a great performance. Wonder what their margins were?
 
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vdubtx said:
Wow, that is a great performance. Wonder what their margins were?
Click to expand...
Probably not real big with the extra $$ in R&D and the ball factory upgrades. But still impressive!
 
That’s a decent year of growth!
 
I contributed to the growth with new driver, fairway woods and hybrids from Callaway! ;)
 
Also up on twitter Callaway has a new VP of Global Marketing coming from Callaway Europe - Nick McInally

It will be interesting to see what he'll bring to the Zoo Crew.

A little video of the Nick from last year -
 
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Bunker Snot said:
Also up on twitter Callaway has a new VP of Global Marketing coming from Callaway Europe - Nick McInally

It will be interesting to see what he'll bring to the Zoo Crew.
Click to expand...

I got a chance to meet Nick and he is a great guy.
 
good lord that is some insane growth
 
JB said:
Strong year reported for a market share leader can signal a growing industry. For those that enjoy following the business side, here is a look at Callaway’s 2019.

Record year with net sales of 1.7 billion, which was nearly a 40% increase over 2018.

We will be monitoring the other companies and have some info when reporting takes place.
Click to expand...

 
vdubtx said:
Wow, that is a great performance. Wonder what their margins were?
Click to expand...

This is key.
Our company had record sales in 2018 as a result of agressive sales and coupons.
Didn’t translate to Margin gains or EBITDA which is our key metric.
 
impressive, will be interesting to see how 2020 unfolds.
Not a fan of the new name of their equipment this year, is it just me?
lost folks in marketing
lots of competition.
 
erock9174 said:
This is key.
Our company had record sales in 2018 as a result of agressive sales and coupons.
Didn’t translate to Margin gains or EBITDA which is our key metric.
Click to expand...
Yep, all comes down to the EBITDA at end of the day. (y)
 
JB said:
Strong year reported for a market share leader can signal a growing industry. For those that enjoy following the business side, here is a look at Callaway’s 2019.

Record year with net sales of 1.7 billion, which was nearly a 40% increase over 2018.

We will be monitoring the other companies and have some info when reporting takes place.
Click to expand...
How much of that 40% was organic? That's a huge freaking increase in the golf business. The Epic Flash and Apex 19 seemed to be huge deals in the business. I know drivers drive (pun intended) the business in golf, but surely Epic Flash wasn't 40% bigger than Rogue was it?
 
DataDude said:
How much of that 40% was organic? That's a huge freaking increase in the golf business. The Epic Flash and Apex 19 seemed to be huge deals in the business. I know drivers drive (pun intended) the business in golf, but surely Epic Flash wasn't 40% bigger than Rogue was it?
Click to expand...
A lot goes into it, including their growth in golf balls, acquisition business, etc.
 
That is most impressive!!! With the Mavrik lines taking off they are off to a good start this year already.
 
Those are some impressive numbers for sure!
 
Dang, they are killing it!
 
Congratulations to the great guys at Callaway!!
 
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