Callaway Golf to acquire German active wear brand Jack Wolfskin for about $476 million [MarketWatch]
Callaway Golf Company (ELY)
Last callaway golf company earnings: 2/10 04:20 pm
Check Earnings Report
US:NYSE Investor Relations:
callawaygolf.gcs-web.com/investor-overview
Company Research
Source: MarketWatch
Callaway Golf to acquire German active wear brand Jack Wolfskin for about $476 million Callaway Golf Co. ELY, -0.94% said Friday it has reached a deal to acquire Jack Wolfskin, a maker of outdoor clothing, footwear and equipment based in Germany, for the equivalent of about $476 million. The deal is aimed at helping the company expand into the active lifestyle market, following its 2017 acquisition of TravisMathew and Ogio. The deal is expected to shave 6 cents off adjusted per-share earnings in the first year after closing, but to boost earnings in the second year. It is expected to close in the first quarter of 2019. Jack Wolfskin will continue to operate out of its headquarters in Idstein, Germany. The brand is a big player in China as well as Europe. Callaway Golf shares were not yet active premarket, but have gained 35.8% in 2018, while the S&P 500 SPX, -0.22% has gained 2.4%. Have breaking news sent to your inbox. Subscribe to MarketWatch's free Bulletin emails. Sign up h
Show less
Read more
Impact Snapshot
Event Time:
ELY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
ELY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
ELY alerts
High impacting Callaway Golf Company news events
Weekly update
A roundup of the hottest topics