Callaway Golf Company filings document the company’s results, segment structure, governance and capital actions as a golf equipment, gear and apparel issuer. Recent 8-K reports furnish quarterly and annual earnings releases, outlook updates, share repurchase activity, convertible note settlement, debt repayment and supplemental segment schedules.
The filing record also documents the completed corporate name change from Topgolf Callaway Brands Corp. to Callaway Golf Company through charter and bylaw amendments. Other disclosures cover the realignment into Golf Equipment and Apparel, Gear and Other reportable segments, discontinued operations for Topgolf and Jack Wolfskin, proxy governance matters, executive compensation and shareholder voting information.
Callaway Golf Company reported stronger Q1 2026 results from its refocused golf and soft-goods business. Net sales rose to $687.5 million from $629.6 million, led by double‑digit growth in golf clubs and gear.
Income from operations increased to $138.2 million from $103.1 million, while net income jumped to $93.1 million versus $2.1 million, helped by a swing to income in discontinued operations after the Jack Wolfskin and Topgolf divestitures. Diluted EPS from all operations was $0.47, up from $0.02.
Following the sale of 60% of Topgolf, Callaway used proceeds to cut total long‑term debt to $429.7 million from $1,434.0 million, though Q1 operating cash flow from continuing operations was a negative $169.0 million, mainly from higher receivables.
Callaway Golf Company reported strong first quarter 2026 results and raised its full-year outlook. Net sales from continuing operations grew 9.2% to $687.5 million, driven by a 9.5% increase in Golf Equipment and 8.4% growth in Apparel, Gear and Other. GAAP net income from continuing operations rose to $74.9 million, while non-GAAP net income from continuing operations nearly doubled to $111.8 million. Adjusted EBITDA increased 31.1% to $163.7 million, supported by higher sales and gross margin expansion to 47.5%.
The company ended March 31, 2026 in a net cash position, with $500 million of cash and $474 million of debt, and fully repaid $258 million of convertible notes on May 1. Callaway repurchased $79 million of common stock through April, buying 5.6 million shares at an average price of $14.08. Management increased its 2026 net sales outlook to $2.015–$2.070 billion and Adjusted EBITDA outlook to $211–$233 million, and guided Q2 2026 net sales to $585–$610 million with Adjusted EBITDA of $98–$108 million.
Callaway Golf Co executive Mark F. Leposky reported routine equity compensation activity. On April 23, 2026, restricted stock units (RSUs) vested and converted into 6,243 shares of Callaway Golf common stock on a one-for-one basis. To cover tax withholding requirements, 3,096 of these shares were withheld by the company rather than sold in the open market. Following these transactions, Leposky directly holds 351,747 shares of Callaway Golf common stock.
Callaway Golf Company is holding its 2026 annual shareholders meeting virtually on May 21, 2026 at 11:00 a.m. Eastern Time. Shareholders of record as of March 30, 2026, when 181,976,071 common shares were outstanding, may attend online, submit questions and vote.
Investors will vote on electing nine directors, ratifying Deloitte & Touche LLP as independent auditor for 2026, and approving on an advisory basis the compensation of named executive officers. The board, led by independent chair John F. Lundgren, recommends voting “FOR” all three proposals and highlights its majority voting standard, proxy access rights and ESG-focused sustainability program.
Callaway Golf Co: The Vanguard Group amends Schedule 13G to report no beneficial ownership. The filing states 0% ownership and 0 shares beneficially owned as reported in Item 4. The amendment explains an internal realignment on 01/12/2026 that caused certain Vanguard subsidiaries to report separately.
Callaway Golf Co President and CEO Oliver G. Brewer III reported a series of bona fide gifts of common stock. On March 19, 2026, family-related entities transferred a total of 13,200 shares of Callaway Golf common stock for no consideration to various trusts for immediate family members as part of estate planning.
According to the disclosure, Mr. Brewer or his spouse serves as trustee of each recipient trust, so he retains beneficial ownership of the transferred shares. The transactions are all indirect, non-market gifts rather than open-market sales, and the filing also reflects substantial remaining indirect holdings in these family trusts after the transfers.
Callaway Golf Co President and CEO Oliver G. Brewer III reported a series of bona fide gifts of the company’s common stock. On March 18, 2026, he completed nine gift transactions totaling 565,400 shares, according to the Form 4 transaction summary.
The shares were transferred for no consideration to various family trusts and to his spouse as part of estate planning. A footnote explains that Brewer or his spouse serves as trustee of each recipient trust, so he retains beneficial ownership of the transferred shares. These are non-market, non-cash gifts rather than open‑market stock sales or purchases.
Rao Varsha Rajendra reported acquisition or exercise transactions in this Form 4 filing.
Callaway Golf Co director receives stock compensation instead of cash. Non-employee director Varsha Rajendra Rao was granted 1,869 shares of Callaway Golf common stock on March 15, 2026. The shares were issued at no cost in lieu of the cash retainer for the quarter ending March 31, 2026, bringing Rao’s direct holdings to 53,171 shares.
Ogunlesi Adebayo O. reported acquisition or exercise transactions in this Form 4 filing.
Callaway Golf Co director Adebayo O. Ogunlesi received 2,056 shares of common stock as a grant under the company’s non‑employee director compensation program. The shares were issued in lieu of the cash retainer for the quarter ending March 31, 2026.
After this stock award, he holds 138,778 shares directly. He also has indirect holdings of 100,000 shares through Raynham I LLC, where he and his spouse are the sole members, and 845,284 shares held jointly with his spouse.