Callaway Golf Co (ELY.N)
Latest Key Developments (Source: Significant Developments)
Callaway Golf Co:Says that Bradley J. Holiday, Senior Executive Vice President and Chief Financial Officer, has announced his plans to retire in 2015.Says the company plans to conduct a search for his successor in early 2015. Full Article
Callaway Golf Co:Declares a regular quarterly cash dividend of $0.01 per share on its Common Stock.Payable on Dec. 15 to shareholders of record at the close of business on Nov. 24. Full Article
Callaway Golf Co raises FY 2014 EPS guidance; updates FY 2014 revenue guidance; gives FY 2015 revenue guidance
Callaway Golf Co:Raises FY 2014 earnings guidance, estimating fully diluted earnings per share of $0.15 to $0.18 compared to prior guidance of $0.12 to $0.16.Estimates FY 2014 net sales of about $890 million, consistent with prior guidance of $880 million to $900 million.Estimates that its net sales will grow 1pct-2pct on a consolidated basis in FY 2015.FY 2014 revenue of $891 million and EPS of $0.15 - Thomson Reuters I/B/E/S.FY 2015 revenue of $942 million - Thomson Reuters I/B/E/S. Full Article
Sept 14 Specialty golf retailer Golfsmith International Inc filed for Chapter 11 bankruptcy on Wednesday and agreed to sell its Canadian retail chain to a group led by Fairfax Financial Holdings Ltd and a unit of CI Investments Inc.