Welcome to our dedicated page for Topgolf Callaway Brands Ord Shs news (Ticker: MODG), a resource for investors and traders seeking the latest updates and insights on Topgolf Callaway Brands Ord Shs stock.
Topgolf Callaway Brands Corp (NYSE: MODG) combines cutting-edge golf entertainment with premium equipment manufacturing and active lifestyle apparel. This news hub provides investors and industry observers with official updates across the company’s three core segments: tech-driven Topgolf venues, performance golf equipment, and modern lifestyle brands.
Access timely financial disclosures, strategic initiatives, and operational developments through verified press releases and regulatory filings. Our curated collection includes earnings announcements, merger & acquisition activity, product innovation launches, and venue expansion updates. Track the company’s progress in merging digital experiences with traditional golf through technologies like Toptracer and WGT.
Key updates cover leadership changes, partnership agreements, sustainability efforts, and market expansion strategies. All content is sourced directly from company communications to ensure accuracy, with clear differentiation between official statements and third-party analysis.
Bookmark this page for streamlined access to MODG’s latest developments in golf entertainment innovation, equipment technology advancements, and global brand growth. Check regularly for updates on strategic reviews and operational milestones that shape the company’s position in the sports and lifestyle sectors.
Topgolf Callaway Brands (NYSE: MODG) has scheduled the release of its first quarter 2025 financial results for Monday, May 12, 2025, after market close. The company will host a conference call at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) to discuss the results, business updates, and outlook. Investors can access the live webcast and presentation through the Investor Relations section of the company's website. A replay of the event will be available online approximately two hours after the call concludes.
Topgolf Callaway Brands (NYSE: MODG) has announced an agreement to sell Jack Wolfskin to ANTA Sports for $290 million in cash, subject to adjustments. The transaction is expected to close in late Q2 or early Q3 2025.
The sale aligns with the company's strategy to focus on core operations and strengthen its financial position ahead of the planned Topgolf separation. Jack Wolfskin's 2025 financial projections include:
- Full year estimates: €325 million revenue and €12 million Adjusted EBITDA
- H1 2025: €115 million revenue with €18 million Adjusted EBITDA loss
- H2 2025: €210 million revenue and €30 million Adjusted EBITDA
Goldman Sachs is serving as financial advisor, with Latham & Watkins LLP as legal advisor for the transaction.
Topgolf and Verizon have announced a multiyear partnership that will provide exclusive benefits to Verizon's 114 million U.S. customers through the Verizon Access program.
The collaboration includes three main offerings:
- Anytime Deals: -time local discounts on gameplay
- Local Passes: Seasonal offers on event packages and gift cards
- Big Tickets: Access to VIP event experiences and personalized hospitality experiences
The partnership, facilitated by OVG Global Partnerships, is effective immediately, with offers accessible through the Verizon Access tab in the Verizon app. New promotional offers will be rotated throughout the year.
Topgolf Callaway Brands (NYSE: MODG) reported Q4 2024 results with consolidated net revenue growth of 3% to $924.4 million. The company recorded a GAAP net loss of $1,512.7 million due to a $1,452.0 million non-cash impairment charge related to Topgolf's goodwill and intangible assets.
Key highlights include:
- Q4 Adjusted EBITDA increased 45.3% to $101.4 million
- Full-year revenue decreased 1.1% to $4,239.3 million
- Operating cash flow increased 5% to $382 million
- Adjusted Free Cash Flow rose 27% to $203.1 million
The Callaway brand maintained its #1 position in U.S. market share for golf clubs and achieved record market share in golf balls. Topgolf's same venue sales declined 8% in Q4, though venue margins and adjusted free cash flow exceeded expectations. The company faces headwinds in 2025 including foreign currency exchange rates and cost pressures.
Topgolf Callaway Brands (NYSE: MODG) has announced it will release its fourth quarter and full year 2024 financial results on Monday, February 24, 2025, after market close. The company will host a conference call at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) to discuss the results, business updates, and outlook.
A live webcast and presentation will be accessible through the Investor Relations section of the company's website, with a replay available approximately two hours after the event concludes.
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