Callaway Golf company (CALY) reported net sales from the company’s continuing operations amounted to $612.2 million, representing a 2.0 percent year-over-year y/y increase. GAAP gross margin also reportedly benefited from approximately $10.8 million of non-recurring benefits from tariff refunds, which were excluded from the Non-GAAP results. The company said it has applied for both Phase 1 and Phase 2 refunds, representing approximately $11 million and $32 million, respectively. CALY said it expects to receive the balance of the Phase 2 refunds in the second half of this year. The company expects there will be almost $7 million to apply for in Phase 3, which brings its refund potential to approximately $50 million.