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Article: Callaway Golf Company Announces Preliminary First Quarter Net Sales and Earnings.
- Article from:
- Business Wire
- Article date:
- April 6, 2005
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CARLSBAD, Calif. -- Callaway Golf Company (NYSE:ELY) today announced that, based on current information, the Company estimates net sales for the first quarter ended March 31, 2005 of approximately $300 million with corresponding earnings per diluted share ranging from $0.26 to $0.28. Excluding integration charges of approximately $0.03 per diluted share associated with the consolidation of the Top-Flite and Callaway Golf operations, pro forma earnings per diluted share are estimated to range from $0.29 to $0.31.
William C. Baker, Chairman and Chief Executive Officer of Callaway Golf, commented, "As we emphasized earlier this year, net sales generated in the first ...