Topgolf Callaway Brands Ord Shs (MODG) Stock News

Topgolf (NYSE:MODG) has launched an innovative marketing campaign combining golf and football by installing regulation-size field goal posts at 50 venues nationwide for the '25-'26 season. The company introduced the "Topgolf Dadternship" contest, running from July 15 to August 8, 2025, seeking one dad to become their unofficial intern.

The winner will receive a one-year Platinum Membership, a $2,000 gift card, exclusive behind-the-scenes access, and branded merchandise. CEO Artie Starrs emphasized this initiative aligns with Topgolf's focus on play and friendly competition, offering fans a new way to test their accuracy while celebrating football's preseason energy.

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Callaway Golf (NYSE:MODG) has announced the launch of Limited Edition Odyssey Hockey Stick Putters and Callaway Golf Balls in celebration of the upcoming Netflix release of Happy Gilmore 2. The golf balls will be available starting July 11th at $59.99 per dozen, while the putters will launch on July 25th at $499.99.

The announcement highlights Odyssey's position as the #1 Putter for over 25 years on major worldwide Tours. The company's Chrome Tour Golf Ball line, supported by a $100 million investment in their Chicopee manufacturing plant, has achieved 4 major wins to date. The limited edition products feature iconic movie quotes and designs inspired by the film franchise.

Topgolf (NYSE:MODG) has announced a special promotional partnership with Marvel Studios, launching an exclusive in-venue experience inspired by "The Fantastic Four: First Steps" movie. The promotion will run from June 30 through September 15, 2025 across all U.S. venues and Glasgow.

The experience features a Marvel-themed takeover of Topgolf's Block Party digital game mode. Groups of four or more players can receive a free order of donut holes during their visit. The company is also offering several value deals including 50% off gameplay Monday through Thursday, special night rates of $30-40 per hour on Friday and Saturday nights, and Sunday Funday pricing.

The promotion includes special menu items such as frozen cocktails, specialty drinks, and value-priced beverages including $5 Beers and $6-8 Margaritas. This marks Topgolf's second collaboration with Marvel Studios, following their previous partnership for "Captain America: Brave New World."

Callaway Staff Professional Minjee Lee clinched her third major championship at the KPMG Women's PGA Championship using Callaway equipment. Lee's winning setup included the Callaway Elyte Driver with Ai 10x face technology, averaging 262 yards per drive, along with the Chrome Tour X Golf Ball and Odyssey Ai-ONE Square 2 Square Broomstick #7 Putter. Callaway dominated as the #1 Driver Brand at the tournament with 51 drivers in play. The Chrome Tour Golf Ball lineup has now secured 4 major victories, including two from Xander Schauffele and one from Yuka Saso in 2024. Lee, who joined Callaway in early 2024, follows her brother Min Woo Lee's success, who won his first PGA TOUR event at the Texas Children's Houston Open using Callaway equipment.

Topgolf (MODG) announced the opening of its 10th Florida venue in Panama City Beach on June 27, 2025. The two-level entertainment facility, located adjacent to Pier Park, features 74 climate-controlled hitting bays equipped with Toptracer technology. The venue will employ 275-300 staff and offers a full-service restaurant, bar, 22-foot video wall, 140+ HDTVs, and outdoor patio. Grand opening celebrations include free gameplay from 9-11 AM on opening day, live music, and special promotions including a chance to win one year of free gameplay. The facility will offer regular promotions including half-off gameplay on Tuesdays and a 20% discount for Cash App Visa cardholders during opening weekend. The venue provides golf instruction through its Coach program and features The Sure Thing, Topgolf's exclusive golf club designed for beginners.

Topgolf, a subsidiary of Modern Golf (MODG), has broken ground on a new three-level venue in Parsippany, New Jersey, scheduled to open in summer 2026. The facility, located at 1269 Route 46 near I-80 and I-280, will be Topgolf's third venue in New Jersey. The venue will feature 102 climate-controlled hitting bays equipped with Toptracer technology, a full-service restaurant and bar, over 140 HDTVs, fire pits, and a rooftop terrace. The facility will create 350-400 jobs and include private event spaces for corporate and social gatherings. This expansion represents Topgolf's commitment to growing its presence in New Jersey while offering a modern, technology-driven golf experience suitable for players of all skill levels.

Topgolf (MODG) announces comprehensive summer value offerings starting June 9, 2025, featuring significant discounts and promotions across U.S. venues. Key initiatives include 50% off golf Monday through Thursday, Sunday Funday specials ($30-$40/hour), and Topgolf Nights weekend deals. The company is introducing a Summer Fun Pass for $250, offering unlimited gameplay from Memorial Day to Labor Day with additional perks. The promotion includes new menu items, frozen cocktails, and a Marvel Studios' Fantastic Four themed experience running June 30 to September 15. CEO Artie Starrs emphasizes the company's commitment to making premium experiences more affordable during uncertain economic times. The initiative is supported by a new "You're Better Off at Topgolf" advertising campaign launching June 9.

Topgolf Callaway Brands (NYSE: MODG) has completed the sale of its Jack Wolfskin business to ANTA Sports for $290 million, with the transaction closing on May 31, 2025. This strategic divestment marks a significant step for the company as it aims to streamline its focus on core operations and increase financial flexibility ahead of the planned separation of Topgolf from its main business. CEO Chip Brewer expressed confidence that ANTA Sports will maintain Jack Wolfskin's brand integrity while acknowledging the contributions of Jack Wolfskin employees in preparing the business for its transition.

Topgolf Callaway Brands (NYSE: MODG) reported Q1 2025 financial results with net revenue of $1,092.3 million, down 4.5% year-over-year, but outperforming expectations. The company's Adjusted EBITDA increased 4.0% to $167.3 million, driven by improved profitability in Golf Equipment and Active Lifestyle segments. Key highlights include: - Golf Equipment segment showed strong performance with the Elyte Driver receiving awards - Total Segment Operating Income increased 9.7% - Available liquidity strengthened to $805 million, up 12% year-over-year - Plans to sell Jack Wolfskin business and separate Topgolf - Maintained full-year revenue and Adjusted EBITDA guidance - Topgolf same venue sales declined 12%, leading to segment revenue decrease of $29.1 million - Company reduced Topgolf's same venue sales guidance for 2025 to down 6-12% from previous mid-single digits