<SEC-DOCUMENT>0001193125-19-290985.txt : 20200102
<SEC-HEADER>0001193125-19-290985.hdr.sgml : 20200102
<ACCEPTANCE-DATETIME>20191113160532
<PRIVATE-TO-PUBLIC>
ACCESSION NUMBER:		0001193125-19-290985
CONFORMED SUBMISSION TYPE:	CORRESP
PUBLIC DOCUMENT COUNT:		2
FILED AS OF DATE:		20191113

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CALLAWAY GOLF CO
		CENTRAL INDEX KEY:			0000837465
		STANDARD INDUSTRIAL CLASSIFICATION:	 [3949]
		IRS NUMBER:				953797580
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		CORRESP

	BUSINESS ADDRESS:	
		STREET 1:		2180 RUTHERFORD RD
		CITY:			CARLSBAD
		STATE:			CA
		ZIP:			92008-8815
		BUSINESS PHONE:		7609311771

	MAIL ADDRESS:	
		STREET 1:		2180 RUTHERFORD ROAD
		CITY:			CARLSBAD
		STATE:			CA
		ZIP:			92008

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	CALLAWAY GOLF
		DATE OF NAME CHANGE:	20070604

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	CALLAWAY GOLF CO
		DATE OF NAME CHANGE:	20070604

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	CALLAWAY GOLF CO /CA
		DATE OF NAME CHANGE:	19940222
</SEC-HEADER>
<DOCUMENT>
<TYPE>CORRESP
<SEQUENCE>1
<FILENAME>filename1.htm
<TEXT>
<HTML><HEAD>
<TITLE>CORRESP</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt;margin-bottom:0pt">


<IMG SRC="g801283gra001.jpg" ALT="LOGO">
 </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:11pt; font-family:Times New Roman">November 13, 2019 </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:11pt; font-family:Times New Roman"><I>Via
Edgar</I> </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:11pt; font-family:Times New Roman">Ms. Beverly Singleton </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:11pt; font-family:Times New Roman">United States Securities
and Exchange Commission </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:11pt; font-family:Times New Roman">Division of Corporation Finance </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:11pt; font-family:Times New Roman">Office of Manufacturing </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:11pt; font-family:Times New Roman">100 F Street, N.E. </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:11pt; font-family:Times New Roman">Washington, DC 20549 </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; margin-left:6%; font-size:12pt; font-family:Times New Roman"><B>Re: &nbsp;Callaway Golf
Company </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:10%; font-size:12pt; font-family:Times New Roman"><B>Form 10-K for the Fiscal Year Ended December 31, 2018 </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:10%; font-size:12pt; font-family:Times New Roman"><B>Form 10-Q for the Quarterly Period Ended June 30, 2019 </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:10%; font-size:12pt; font-family:Times New Roman"><B>Form 8-K Filed on August 8, 2019 </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:10%; font-size:12pt; font-family:Times New Roman"><B>Response letter dated October 18, 2019 </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:10%; font-size:12pt; font-family:Times New Roman"><B>File No. 001-10962 </B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:11pt; font-family:Times New Roman">Dear Ms. Singleton:
</P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:11pt; font-family:Times New Roman">We are writing in response to your letter dated October 30, 2019 (the &#147;Comment Letter&#148;) setting forth comments of the staff (the
&#147;Staff&#148;) of the Securities and Exchange Commission relating to the above referenced filings of Callaway Golf Company (the &#147;Company&#148;). Pursuant to our telephone conversation on November 12, 2019, we respectfully request an
extension of an additional twelve business days for the Company to respond to the Comment Letter. As such, the Company intends to submit its response to the Comment Letter on or before December 2, 2019. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:11pt; font-family:Times New Roman">Thank you for your consideration. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:11pt; font-family:Times New Roman">Very truly yours, </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:11pt; font-family:Times New Roman"><U>/s/ Sarah
Kim&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U> </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:11pt; font-family:Times New Roman">Sarah Kim </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:11pt; font-family:Times New Roman">Vice
President, General Counsel and Corporate Secretary </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL" ALIGN="center"><FONT COLOR="#9a9a9a"><B>Callaway&nbsp;&nbsp;Golf&nbsp;&nbsp;Company</B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2180&nbsp;&nbsp;Rutherford&nbsp;&nbsp;
Road<B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</B>Carlsbad,&nbsp;&nbsp;CA&nbsp;&nbsp;92008-7328&nbsp;&nbsp;<B>&nbsp;&nbsp;&nbsp;&nbsp;T</B>&nbsp;&nbsp;(760)&nbsp;&nbsp;931&nbsp;&nbsp;1771 </FONT></P>

</DIV></Center>

</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>2
<FILENAME>g801283gra001.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g801283gra001.jpg
M_]C_X  02D9)1@ ! 0$ 8 !@  #_X1#^17AI9@  34T *@    @ ! $[  (
M   1   (2H=I  0    !   (7)R=  $    B   0U.H<  <   @,    /@
M   <Z@    @
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M                                                 $UI;F%K<VAI
M(%!H=6QA<F$    %D ,  @   !0  !"JD 0  @   !0  !"^DI$  @    ,S
M.0  DI(  @    ,S.0  ZAP !P  " P   B>     !SJ    "
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
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MKMGDU)KVW!F))50$ ;.>"58_E7KM065G;Z=8PV=E"D%O @CCC085% P *GH
M*3 I:* #%)C%+10 4'I110!\]_M#_#\AE\8Z7#D';%J**/P63^2GZ*?6K7P/
M^+#WK0>%/$D[/<8"6%T_)<8_U3'UP.#^'IGW.\LX+^RFM+N)9;>>-HY8V&0Z
MD8(_6OC+XC^#)O GC6YTT"3[*Q\ZRF=LEXB>.?4'(/N,]Q0!]J&O+/C'\51X
M)L5TK2"&UNZC#J67*V\9)&\YX+<' ]LGMGS32?VA]:T[P2^FW5J+S5XT\NVU
M!V& O&"Z_P 3#U[\9[Y\UM+76O'/BU(4>2^U749OFD<Y))ZL3Q@ #V  H ]!
M^"7@F7QIXSF\0:X7GM-/E\Z1I?F^TW!Y .>N/O'_ (".YKZF Q6)X0\+67@_
MPS9Z/IR ) F9'QS+(?O.?<FMR@ J&\L[?4+.6TOH4GMYD*212+E74]014U%
M&#X;\$>'/""R_P#".Z5%9--_K'!9W8>A9B3CVSBMX#%%% !1110 4444 %%%
M% !1110 5Y]\8/  \<^$F^Q0HVKV.9+-CP7'\4>?1OY@5Z#10!\ .K1R,CJ5
M=25*MP01U!_*OI3]GSP$FF:&WBK4(0;O4%VVA/6.#/WO8L1GZ >IK<UOX%^'
M]<\=+XAFD:*&1_,NM/CC'EW#COG^$'JPP<G/J:],AAC@A2*)%CC10J(HP% X
M  ]* 'BBBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@
..HHHH **** "BBB@#_]D!

end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
