Callaway Golf Company

CALY

Market cap $2.71B

CARLSBAD, Calif., June 1, 2026 /PRNewswire/ -- Callaway Golf Company (NYSE: CALY)(the "Company") today announced that it has repaid in full the remaining approximately $163 million outstanding under its term loan B facility, following its voluntary prepayment of $1 billion of term loan B debt in January 2026.

Callaway Golf Company (CALY) Shareholder/Analyst Call Prepared Remarks Transcript

CALY's margin push is lifting profitability and cash generation as new products and a sharper golf focus fuel growth.

Callaway Golf remains a 'Strong Buy' after divesting Topgolf, focusing on golf gear and apparel, and delivering robust Q1 results. CALY reported Q1 revenue of $687.5 million (+9.2% YoY), beating estimates by $36.5 million, with EPS and adjusted EPS also exceeding expectations. Management raised full-year revenue and EBITDA guidance, citing strong U.S. golf demand, operational improvements, and successful new product launches.

CALY's record green grass market share and Chrome Tour momentum are fueling profit gains and a stronger 2026 outlook.

Callaway Golf Company (CALY) Q1 2026 Earnings Call Transcript

The headline numbers for Callaway (CALY) give insight into how the company performed in the quarter ended March 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Callaway Golf (CALY) came out with quarterly earnings of $0.56 per share, beating the Zacks Consensus Estimate of $0.42 per share. This compares to earnings of $0.11 per share a year ago.

First Quarter Net Sales (+9%), Net Income from Continuing Operations (+18%) and Adjusted EBITDA (+31%) Raises Full Year 2026 Net Sales and Adjusted EBITDA Outlook HIGHLIGHTS Q1 Non-GAAP Net Income from Continuing Operations increased 96%. Q1 GAAP and Non-GAAP Gross Margin increased 250 basis points and 260 basis points year-over-year, respectively.

Here is how Callaway Golf (CALY) and Interparfums (IPAR) have performed compared to their sector so far this year.