Topgolf Callaway Brands Ord Shs Stock Price, News & Analysis

Callaway Golf (MODG) announced the new Chrome Tour, Chrome Tour X, and Chrome Soft golf balls, available at retail on January 30, 2026 for $57.99 per dozen. The lineup features a first‑use Tour Fast Mantle with a 16% higher flex modulus designed to increase ball speed, a Seamless Tour Aero with an Optimized Hybrid Aero Pattern for consistent flight, and a high‑performance Tour Urethane cover for greenside control. Callaway says the design targets faster ball speed, distance, and consistent feel across the three models.

Topgolf Callaway Brands (NYSE:MODG) completed the sale of a 60% stake in Topgolf to funds managed by Leonard Green & Partners, valuing Topgolf at approximately $1.1 billion and generating ~$800 million in net cash proceeds to the company, effective January 1, 2026.

The company repaid $1.0 billion of term loan B borrowings, leaving approximately $480 million of outstanding debt and ~$680 million of unrestricted cash. The Board authorized a new $200 million stock repurchase program. The company will revert its corporate name to Callaway Golf Company and intends to change its NYSE ticker to CALY in mid-January 2026.

Topgolf Callaway Brands (NYSE: MODG) announced that President and CEO Chip Brewer will participate in a virtual fireside chat hosted by Jefferies analyst Randy Konik on November 25, 2025 at 9:00 a.m. PT.

An accompanying deck will be posted to the company’s investor relations website under Webcasts & Presentations prior to the event, and a replay will be available on the same page approximately two hours after the meeting concludes.

Topgolf (NASDAQ:MODG) will open its newest two-level venue in New Braunfels, Texas on Dec. 5, 2025, marking the company's 100th U.S. location and 112th globally. The venue at 427 Creekside Way features 62 outdoor climate-controlled hitting bays across two levels, industry-leading Toptracer technology, Topgolf's beginner-friendly The Sure Thing club and on-site dining, a full bar, 140+ HDTVs, fire pits and a nine-hole mini golf course.

Topgolf New Braunfels will employ roughly 200 Playmakers. To celebrate the milestone, Players who book and complete a one- or two-bay reservation between Dec. 5–19, 2025 will be entered to win one year of free gameplay (no purchase necessary; terms apply).

Topgolf Callaway Brands (NYSE: MODG) signed a definitive agreement to sell a 60% stake in its Topgolf and Toptracer business to funds managed by Leonard Green & Partners, valuing Topgolf at approximately $1.1 billion. The Company expects to receive approx. $770 million in net proceeds, subject to purchase price adjustments. Post-transaction the Company will retain a 40% stake, plans to focus on its Golf Equipment & Active Lifestyle brands (Callaway, Odyssey, TravisMathew, Ogio) which generated ~$2 billion in trailing twelve-month revenue through Q3 2025, and intends to change its name and ticker to Callaway Golf Company (CALY). The deal is expected to close in Q1 2026 and is subject to regulatory approvals and customary closing conditions.

Topgolf Callaway Brands (NYSE: MODG) announced an extension of its multi-year apparel licensing agreement with Perry Ellis International through December 31, 2032. The amended agreement continues a partnership that began in 2009 and preserves global distribution across North America, Latin America, Europe, the Middle East and Africa via retail, specialty and e-commerce partners. The amendment also commits to a jointly developed premium Callaway Apparel line to be launched no later than 2028. Topgolf Callaway Brands retains ownership and operation of Callaway Apparel in Korea and Japan.

Topgolf (MODG) launched a nationwide "Holiday Help" hotline and sweepstakes running through Dec. 15, 2025 that offers 25 winners a $2,500 Topgolf event credit each to redo a failed office holiday party. Participants can text "HOLIDAYHELP" to 68633 to receive a link to Topgolf.com/HolidayHelp and submit anonymous entries. Winners may book events through Dec. 31, 2026 covering food, drinks and two hours of play. Topgolf will share selected anonymous entries on social media and the campaign site. Entry terms, automated texting consent, and links to terms and privacy are provided.

Topgolf (NYSE:MODG) launched a nationwide Holiday Help hotline on Nov 10, 2025 to collect stories of failed office holiday parties and offer a chance to win a $2,500 Topgolf event credit. Participants can text "HOLIDAYHELP" to 68633 through Dec 15, 2025 to submit anonymous entries via Topgolf.com/HolidayHelp.

Topgolf will award 25 winners a $2,500 event credit covering food, drinks and two hours of play; events can be booked through Dec 31, 2026. The campaign will share select anonymous entries on social media. The release cites a survey saying 64% of workers avoid or regret company holiday parties.

Topgolf Callaway Brands (NYSE: MODG) reported Q3 2025 results and raised full‑year guidance on Nov 6, 2025. Q3 net revenue was $934.0M and Adjusted EBITDA was $114.4M. Excluding Jack Wolfskin, ongoing business revenue rose about 3% year‑over‑year and Topgolf same‑venue sales turned positive at +1%.

Liquidity grew by $391.2M to $1,254.2M. The company raised 2025 consolidated revenue guidance to $3.90–3.94B and consolidated Adjusted EBITDA to $490–510M; Topgolf revenue guidance was raised to $1.77–1.79B with Topgolf Adjusted EBITDA of $295–305M. Management cites ~$40M estimated tariffs for 2025 and reported $12M incremental tariffs in Q3.