Professional
Added to YB: 2026-04-29
Pitch date: 2026-04-24
CALY [neutral]
Callaway Golf Company
+0.39%
current return
Author Info
No bio for this author
Company Info
Callaway Golf Company designs, manufactures, and sells golf equipment, golf and lifestyle apparel, and other accessories in the United States, Europe, Asia, and Internationally.
Market Cap
$2.8B
Pitch Price
$15.37
Price Target
N/A
Dividend
N/A
EV/EBITDA
16.57
P/E
72.90
EV/Sales
1.73
Sector
Leisure Products
Category
special_situation
O'Keefe Stevens Advisory Portfolio Holding: Callaway Golf Company
CALY (holding update): Topgolf sale closed Q4 for $1.1B, $770M net proceeds used to retire Term Loan B. Now pure-play golf OEM w/ $680M cash vs $480M debt. $200M buyback authorized. Trades ~12x 2027E earnings. Mgmt to continue deleveraging + buybacks. Simplified story: golf + capital returns.
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