PressMediaWire.com (Press Release Distribution) – Nov 15,2010 –
Callaway X 18 irons have been and still are terrific golf club. Despite that, the company posted a loss of over $20 million for 3rd Quarter of 2010 compared with nearly a $16 million loss for the same quarter last year. Callaway Golf Company (NYSE: ELY.N) reported weak quarterly results, as lower sales volumes injured gross margins for the quarter, which dropped from 31 percent to 28 percent. The company sees the golf industry recovery being delayed beyond this year and into 2011.
The stock has shed more than a quarter of its value over the past six (6) months. Callaway Golf Chief Executive George Fellows commented, “Global economic conditions continue to be challenging and the golf industry has not recovered as we had anticipated coming into this year.” Callaway Golf has helped more golfers experience the sweet sensation of striking the ball perfectly more often for over 25 years.
As a company, they constantly strive toward finding ways to help their customers find—the Pure shot. Callaway Golf Company manufactures and sells golf clubs and golf balls, and sells golf accessories, under the Callaway Golf, Odyssey, Ben Hogan and Top-Flite brands. From game-changing technologies like S2H2 and the revolutionary original Big Bertha Driver of then, to the Callaway X 18 series, to today’s HEX patterned Golf Balls, Fusion Technology and the game’s best-selling brand of irons, Callaway Golf represents the passion that lives in the heart of every golfer.
If you would like to see pictures or look to purchase any of these exclusive golf club irons, you can visit the website at https://www.CallawayX18.com and see what it has to offer. Powered by Amazon, it helps the customer get bargains. Plus, the Callaway X 18 reviews are good, still, even if the company’s bottom line continues to struggle.