Callaway Q2 2026 adjusted EBITDA jumps 36% on gross margin gains, strong golf ball sales
Reuters2026/08/04 23:40- Callaway posted Q2 2026 net sales of USD 612 million, up 2%, helped by healthy demand and strength in Golf Equipment, especially golf balls.
- Adjusted EBITDA rose 36% to USD 125 million as gross margin expanded 460 bps to 48.5% on pricing, cost cuts, and lower-margin exits.
- Golf ball revenue climbed 15%; June U.S. share hit just over 23%, up 250 bps, despite volume cuts from SKU rationalization.
- Management raised 2026 guidance to USD 2.045 billion-USD 2.07 billion sales, EBITDA to USD 246 million-USD 260 million on tariffs and margin gains.
- Second-half results expected to soften on fewer launches, an iron launch delayed into next year, lower-margin rationalization, and higher fitting investment.
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