A History Of Excellence

Callaway Golf: A Leader in the Golf Industry

A History of Excellence

Callaway Golf Company (NYSE: ELY) is a premium golf equipment and active lifestyle company that has been at the forefront of the industry for over 40 years. Founded in 1982, Callaway Golf has grown to become one of the most recognized and trusted brands in golf.

Topgolf Callaway Brands Corp: A Merger of Giants

In 2021, Callaway Golf merged with Topgolf Entertainment Group to form Topgolf Callaway Brands Corp. This merger brought together two industry leaders to create a global golf and active lifestyle powerhouse.

Callaway Golf's Global Reach

Callaway Golf's products are sold in over 100 countries around the world. The company has a strong presence in North America, Europe, and Asia-Pacific, and is rapidly expanding its reach in emerging markets.

• Topgolf Callaway Brands Corp has over 80 Topgolf locations worldwide.
• Callaway Golf has a portfolio of over 25 global brands, including Odyssey, OGIO, and Jack Wolfskin.

Financial Performance

Callaway Golf has consistently delivered strong financial performance over the years. In 2022, the company reported revenue of $3.1 billion, an increase of 12% over the previous year.

• First half cash provided by operations improved by 173 million compared to the prior year.
• Callaway Golf has a strong balance sheet with low debt and ample liquidity.

Innovation and Technology

Callaway Golf is committed to innovation and technology. The company's research and development team is constantly pushing the boundaries of golf equipment design.

• Callaway Golf's products feature cutting-edge technologies such as Artificial Intelligence (AI) and machine learning.
• The company's focus on innovation has led to numerous industry-leading products, including the Epic driver and the Apex irons.

Conclusion

Callaway Golf is a global leader in the golf industry, with a strong portfolio of brands, a commitment to innovation, and a proven track record of financial success. The company is well-positioned to continue its growth and success in the years to come.