<ARTICLE> 5
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE CALLAWAY
GOLF COMPANY CONSOLIDATED CONDENSED BALANCE SHEET (UNAUDITED) AND CONSOLIDATED
CONDENSED STATEMENT OF INCOME (UNAUDITED) AT SEPTEMBER 30, 1998 AND FOR THE NINE
MONTHS THEN ENDED AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH
FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER> 1,000
       
                             
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-END>                               SEP-30-1998
<CASH>                                          31,012
<SECURITIES>                                         0
<RECEIVABLES>                                  126,126
<ALLOWANCES>                                     8,265
<INVENTORY>                                    167,955
<CURRENT-ASSETS>                               348,183
<PP&E>                                         256,795
<DEPRECIATION>                                  73,425
<TOTAL-ASSETS>                                 678,770
<CURRENT-LIABILITIES>                          149,980
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                           751
<OTHER-SE>                                     518,255
<TOTAL-LIABILITY-AND-EQUITY>                   678,770
<SALES>                                        583,104
<TOTAL-REVENUES>                               583,104
<CGS>                                          307,523
<TOTAL-COSTS>                                  307,523
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                 2,218
<INTEREST-EXPENSE>                               1,796
<INCOME-PRETAX>                                 62,643
<INCOME-TAX>                                    24,509
<INCOME-CONTINUING>                             38,134
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                    38,134
<EPS-PRIMARY>                                     0.55
<EPS-DILUTED>                                     0.53