Earnings Call Insights: Topgolf Callaway Brands Corp. (MODG) Q1 2025 Management View Chip Brewer, President and CEO, highlighted that "Q1 was a strong quarter for our company, as we met or beat ...

Topgolf Callaway Brands announced on Wednesday that it plans to spin off its two primary brands, Callaway Golf and Topgolf, into two separate, independent companies. “Over the last decade plus ...

Topgolf's place in the modern golf scene only seemed to be secured further by the Callaway acquisition in 2021, when Topgolf became a key part of Callaway's business at a time when golf was seeing ...

Topgolf Callaway Brands Corp., the company that owns both of those brands thanks to a merger that combined the two in 2021, said Wednesday that its board plans to separate the company in two ...

Topgolf Callaway reported $1157.8 million in revenues in Q2 at a -1.9% year-on-year decline, similar to Q1’s -2.0% decline. The adjusted EPS came in at $0.42, up $0.04 year-on-year from ...

Topgolf Callaway, on the other hand, hit a wall around that time and wouldn't work its way out of the red until 2014 (and then mostly thanks to acquisitions like Topgolf, Jack Wolfskin, Ogio, and ...

Today, Topgolf Callaway has a market cap of about $2.5 billion and an enterprise value of $3.9 billion. This year, management expects the business to generate at least $4.4 billion in revenue and ...

Topgolf Callaway (NYSE: MODG) shares were falling on Tuesday, down 13.4% as of 1:42 p.m. ET, despite the overall S&P 500 (SNPINDEX: ^GSPC) rallying about 1.1% at that time on the back of this ...

Topgolf alone accounted for more than $1.7 billion of that revenue, and all of the clubs stocked in its driver bays are produced by Callaway.

As Topgolf Callaway expects sequential improvements, though, the Q1 report looks to be a one-off weak quarter. Better revenue growth is already anticipated in Q2, although the adjusted EBITDA is ...

TopGolf Callaway CEO Chip Brewer said the company is projecting to bring 3-4 million new "off-course" golfers -- meaning people who don't play on a traditional course but might play at TopGolf ...

Topgolf’s venue revenue has now rebounded to about 85% of pre-pandemic levels and all of the company’s locations have reopened. Carlsbad, Calif.-based Callaway also said its $630 million in ...