This further reduced to $549 million in 2012. The reason behind this decrease is was a subsequent decrease in revenues and reduced nerd sales. The cost of selling goods is proportional to the revenues and an increase in latter directly impact the former. No direct inference could be made from COSG statistics.

Gross profit: Gross profit of Callaway Golf Company peaked in FY 2009 when it was recorded to be $365.5 million whereas in 2008, it was reported to be $349 million. In FY 2010, the gross profit of the company was $312 million that dropped to $284 million in FY 2012. This indicates that in FY 2013, the gross profit of the firm may remain equaling to the 2012 mark. Reduction in net sales of the company during these years impacted other aspects of company's financial performance. The company has gradually got its gross profitability reduced due to reasons...
[ View Full Essay]