Callaway Golf Company (CALY)

Callaway Golf Company beat expectations on both the top and bottom line in the second fiscal quarter of 2026, reported Aug. 4, 2026, as revenue fell about 45% to about $612.2 million from about $1.1 billion a year earlier, yet still edged the about $605.6 million estimate by 1%. Adjusted EPS of $0.39 topped the $0.35 estimate by 10%, up from $0.24 a year ago, while gross profit came in at about $306.7 million, gross margin held near 50%, and operating margin stayed around 19% on the lower sales base. Operating income reached about $114.8 million, and the company generated operating cash flow of $249.5 million while repurchasing $42.5 million of stock. Consensus for the next period calls for EPS of $0.01 on revenue of $430.6 million.