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Callaway Golf (ELY) Q2 2018 Results - Earnings Call Transcript

Aug. 02, 2018 11:29 PM ETTopgolf Callaway Brands Corp. (MODG)
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Callaway Golf Co. (ELY) Q2 2018 Earnings Call August 2, 2018 5:00 PM ET


Patrick S. Burke - Callaway Golf Co.

Oliver G. Brewer III - Callaway Golf Co.

Brian P. Lynch - Callaway Golf Co.


Steven Zaccone - JPMorgan Securities LLC

Susan Anderson - B. Riley FBR, Inc.

Dave King - ROTH Capital Partners LLC

Dan R. Wewer - Raymond James & Associates, Inc.

Michael A. Swartz - SunTrust Robinson Humphrey, Inc.

Brett Andress - KeyBanc Capital Markets, Inc.

John Kernan - Cowen & Co. LLC


Good afternoon. My name is Erica, and I will be your conference operator today. At this time, I would like to welcome everyone to the Q2 2018 Callaway Golf Earnings Conference Call. All lines have been placed on mute to prevent any background noise. After the speaker's remarks there will be a question-and-answer session.

Thank you. Mr. Patrick Burke, Head of Investor Relations, you may begin your conference.

Patrick S. Burke - Callaway Golf Co.

Thank you, Erica, and good afternoon, everyone. Welcome to Callaway's second quarter 2018 earnings conference call. I'm Patrick Burke, the company's Head of Investor Relation. Joining me on today's call are Chip Brewer, our President and Chief Executive Officer; Brian Lynch, our Chief Financial Officer; and Jennifer Thomas, our Chief Accounting Officer.

Today, the company issued a press release announcing its second quarter 2018 financial results. A copy of the press release and associated presentation are available on the Investor Relations section of the company's website at www.callawaygolf.com. Most of the financial numbers reported and discussed today on today's call are based on U.S. generally accepted accounting principles. In the few instances where we report non-GAAP measures, we have reconciled the non-GAAP measures to the corresponding GAAP measures at the back of the presentation in accordance with Regulation G.

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