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Article Date: September 2021
Word Count: 230

Callaway Raises Guidance on Strong Q3-to-Date Results


Callaway Golf announced an upgraded outlook for 2021, and is now projecting revenues will come in between $3,065 and $3,095 million for the full year, up from the prior $3,025 to $3,055 million range. The third quarter is now expected to see $850 to $860 million in revenue, raised from $775 to $790 million. Adjusted EBITDA is pegged to roughly double for the third quarter, to a range of $105 to $110 million from $51 to $58 million, and pushing full year adjusted EBITDA guidance to $370 to $390 million from $345 to $360 million. Some operating expenditures have been ... Log in to view full article.

 


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