secwatch.observer — SEC 8-K summary
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Issuer:     Callaway Golf Co (CALY)
CIK:        0000837465
Form:       8-K
Filed at:   2026-05-07T23:59:59+00:00
Accession:  0000837465-26-000016
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Callaway Q1 net sales $687.5M (+9%), Adj. EBITDA +31%; raises FY2026 outlook
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- Q1 GAAP net income from continuing ops $74.9M ($0.38 diluted EPS); non-GAAP EPS $0.56, up 87% YoY.
- Q1 Adjusted EBITDA $163.7M, up 31.1%; gross margin expanded ~260 bps to 47.7% on non-GAAP basis.
- Full year net sales guidance raised to $2.015-2.070B (prev. $1.98-2.05B); Adj. EBITDA raised to $211-233M (prev. $170-195M).
- Repurchased $79M in shares through April; settled $258M convertible notes in cash on May 1, 2026.
- Golf Equipment segment sales +9.5%; Apparel, Gear and Other +8.4%; incremental $18M tariff expense absorbed.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/837465/000083746526000016/0000837465-26-000016-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/837465/000083746526000016/modg-20260507.htm
  HTML page:      https://secwatch.observer/filing/0000837465-26-000016

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