Callaway facing large losses during golf downturn

[newtogolf]

Seems Callaway is struggling to be profitable and minimize losses.  According to 2nd quarter numbers, they expect to post a loss of $55M on $270M in sales which is pretty significant.

While Callaway might be considered the leaders in the GI/SGI iron market they are far behind in drivers and golf balls, the two most profitable sectors of the industry.  I wonder if they will develop an adjustable driver or return back to the iMix technology in an attempt to increase market share.  I don't see how they can compete with Titleist in the golfball sector, might be time to give up on that part of the business.

Here's the full article if you're interested;

http://msn.foxsports.com/golf/story/Golf-equipment-giant-Callaway-tries-to-stop-sales-skid-063011

[shades9323]

I'm sure they are not the only struggling golf company.  I think their drivers are good. I should have never sold my ft-5.

[Kieran123]

Originally Posted by shades9323

I'm sure they are not the only struggling golf company.  I think their drivers are good. I should have never sold my ft-5.

I only hear mainly bad stories about their drivers ( cracking, heads snapping )

Haven't heard anything bad about their irons though

[newtogolf]

I agree, I love my FT-9 with iMix, and just ordered an iMix FT-IZ driver head for $65.  I was disappointed when they discontinued the iMix, especially since Titleist and TM have made shaft swapping easier in the 910D and R11.

Originally Posted by shades9323

I'm sure they are not the only struggling golf company.  I think their drivers are good. I should have never sold my ft-5.

[ND Fan]

Just switched to the Callaway i(S) after 25 years of faithful Titleist use.  It's a better ball, plain and simple.  Less driver spin an uptick in iron distance and great feel, it's also a bit more durable.  To be fair I haven't a 2011 pro V1  I still had boxes left over from last year.  I have two boxes of this years Titleist but plan on trading them for Callaway's shortly.

Went through 2 FT Tour drivers both snapped right at the hosel and gave up up on it.

[WUTiger]

Going into fourth year with HyperX Tour driver and XTour 3W. Both still going strong.

For balls, I use the TopFlite Gamer.v2, also part of the Callaway family.

[Daniel Watkins]

I have Callaway clubs and i love them, but its hard to out do Taylormade with the AMAZING marketing they do