Shipping discounts will automatically apply. This warranty gives the consumer specific legal rights; a consumer may have other rights depending upon where he or she lives. © 2020 Affordable Golf Ltd. VAT Registered: 279 6786 23. The one stop shop for everything you may need, whether it's a golf day, corporate event or activation, Callaway and our family of brands have got you covered. Join & start earning points. Through an unwavering commitment to innovation, Callaway manufactures and sells premium golf clubs, golf balls, golf and lifestyle bags, golf and lifestyle apparel and other accessories. Callaway Golf Sales Company – Fort Worth, TX. This increase is being driven primarily by a positive mix benefit of the margin-accretive apparel business and higher golf equipment gross margin associated with this cycle of product launches. The gross margin in 2019 was negatively impacted by $13 million of purchase accounting adjustments and non-recurring costs related to the Jack Wolfskin acquisition. Menu Close navigation menu. In either case a Return Merchandise Authorization (RMA) is required. To listen to the call, and to access the Company's presentation materials, please go to the website at least 15 minutes before the call to register and for instructions on how to access the broadcast. They include the estimated impact of certain factors, including (1) the coronavirus which is estimated to have a negative impact of $20 million on net sales and $10 million on Adjusted EBITDA, (2) changes in foreign currency effects, which are estimated to have a negative impact of $5 million on net sales and $5 million on Adjusted EBITDA, and (3) incremental tariff expense of $4 million on cost of goods sold and Adjusted EBITDA. This $458 million net sales increase reflects increases in all operating segments, all major product categories and all major regions. This increase is being driven primarily by the continued investment in the Company's soft goods businesses, which includes new market expansion for Jack Wolfskin, continued infrastructure and brand investment for TravisMathew and investment in Asia to grow all of the Company's apparel brands. We are always searching for solutions that will improve the accessibility of our site. This warranty does not cover paint scratches, cosmetic blemishes or other normal wear and tear. Gear up for your season with men’s golf apparel clearance items featuring performance wear that pushes the limits. To obtain warranty service in the United States on a complete Callaway Golf product, return the product to a Callaway Golf authorized retailer or directly to Callaway Golf. 2020 Adjusted EBITDA Guidance Reconciliation to GAAP, Adjusted EBITDA excludes from forecasted net income interest expense, taxes, depreciation and amortization expense, and non-cash stock compensation expense. That's right—you get a brand new, still-in-the-plastic club to try for two weeks for just $25. It does not include any other effect of changes in foreign currency rates on the Company's results or business. In California call collect 760-931-1771; outside California call toll free 1-800-588-9836. The earnings per share for 2018 includes $0.01 per share of acquisition costs related to the TravisMathew and OGIO acquisitions. Gross margin decreased 140 basis points to 45.1% compared to 46.5% in 2018. Our Utry ® program gives you the opportunity to try out brand new products from the game's top brands for 14 days for only $25, or $100 for an iron set. Weighted-average common shares outstanding: Less: Net income (loss) attributable to non-controlling interests, Net income attributable to Callaway Golf Company. Balls can be purchased in white, green, yellow, or orange, or as a variety pack. The above warranty also does not apply to upro gps devices or accessories. All Rights Reserved. In the case of a Callaway Golf component, you must obtain warranty service through an authorized Callaway Golf retailer of that component. ", "Looking forward to 2020, the outbreak of the coronavirus will impact our business with regard to sales in Asia and on the supply side," added Mr. Search Find a Retailer Get Custom Fit Shop Online Clubs Golf Balls Accessories Media Team Corporate Account Cart ( 0) Back to previous navigation menu Get Custom Fit Close navigation menu. For more information please visit www.callawaygolf.com, www.odysseygolf.com, www.OGIO.com, www.travismathew.com, and www.jack-wolfskin.com. Callaway Golf will fix such blemishes and scratches, however, for a fee. Represents non-recurring transition costs associated with the acquisition of Jack Wolfskin, including consulting costs, audit fees and travel expenses, in addition to other non-recurring advisory fees. Adjustments to reconcile net income to net cash provided by operating activities: (Gain)/loss on disposal of long-lived assets, Unrealized (gains) losses on designated hedging instruments, Net cash provided by operating activities, Proceeds from sales of property and equipment, Proceeds from (repayments of) credit facilities, net, Debt issuance and credit facility amendment costs, Distributions to non-controlling interest, Net cash provided by (used in) financing activities, Effect of exchange rate changes on cash and cash equivalents, Net increase (decrease) in cash and cash equivalents, Cash and cash equivalents at beginning of period, Cash and cash equivalents at end of period, Consolidated Net Sales and Operating Segment Information and Non-GAAP Reconciliation, (1) Calculated by applying 2018 exchange rates to 2019 reported sales in regions outside the U.S, (2) Prior period amounts have been reclassified to conform to current year presentation of regional sales. *No coupon code required. Callaway Golf Hölzer für Herren 448,00 € * pieper-golf.de 25 . The golf balls category increased 26% in the fourth quarter driven by continued success of the 2019 Supersoft and ERC Soft golf balls, as well as continued success of the Chrome Soft golf balls. On a non-GAAP basis, 2019 earnings per share was $1.10, which excludes $0.28 per share related to the non-recurring and acquisition-related expenses related to the Jack Wolfskin, TravisMathew and OGIO acquisitions. The Company presents certain of its financial results excluding the non-recurring OGIO, TravisMathew and Jack Wolfskin transaction and transition-related expenses.
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