July 18, 2008

Callaway Golf Company Releases Preliminary Second Quarter 2008 Results (Centre Daily Times)

Callaway Golf Company (NYSE:ELY) today announced that, based on current information, the Company’s second quarter diluted earnings per share are expected to range from $0.56 to $0.58, an increase of approximately 8% compared to $0.53 in the second quarter of 2007. These results include after-tax charges of $0.05 per share in 2008 and $0.02 per share in 2007 associated with the gross margin …

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