Callaway Golf
Winners Play Callaway
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| Public | |
| Traded as | : ELY S&P 600 Component |
| Genre | Golf |
| Founded | 1982 |
| Founder | Ely Reeves Callaway, Jr. |
| Headquarters | Carlsbad, California, USA |
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Area served
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Worldwide |
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Key people
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Chip Brewer (CEO) |
| Products | Golf equipment |
| Revenue |
 US$887 Million (FY 2014)
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US$31 Million (FY 2014)
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US$16 Million (FY 2014)
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| Total assets |
 US$625 Million (FY 2014)
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| Total equity |
US$292 Million (FY 2014)
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| Subsidiaries | Odyssey, Ben Hogan |
| Website | www.callawaygolf.com |
Callaway Golf Company is an American global sporting goods company that designs, manufactures, markets and sells golf equipment, golf accessories and golf lifestyle-related products in more than 70 countries worldwide. The American company, based in Carlsbad, California, is the world’s largest maker of golf clubs.
Callaway Golf sells its products through golf retailers and sporting goods retailers, through mass merchants, directly online, and through its pre-owned and trade-in services. Callaway Golf licenses its name, trademarks and service marks for golf lifestyle products including golf apparel, golf shoes, golf bags, headwear, watches, rangefinders, practice aids and travel gear.
Callaway Golf also markets products under the Odyssey putter brand, acquired in 1997, as well as Strata and Ben Hogan golf brands picked up following the bankruptcy of Spalding's former golf division in 2003.
Callaway Golf Company was founded by former Burlington Industries textile president, Ely Callaway Jr. Callaway was raised in Lagrange, GA and was a graduate from Emory University. Callaway became very successful in the textile industry and was very fond of playing golf. At games, Callaway would use clubs by Hickory Sticks. The clubs were constructed of hickory-shafts with a steel core. At that time, Hickory Sticks was owned by Richard Parente, Dick De La Cruz and Tony Manzoni. As Hickory Sticks started running low on funds, they sought investors to help the company and approached Callaway. At the time, he had just sold his vineyards for a $9 million profit. Then in 1982, he bought half of Hickory Sticks, the company was renamed to Callaway Hickory Stick USA. In 1983, he became president and moved the company to Carlsbad, California where he sold clubs out of his Cadillac. In 1984, Callaway bought the rest of the company for $400,000. The company eventually changed to its present name in 1988.
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