Topgolf Callaway Brands Ord Shs Stock Price, News & Analysis

Topgolf, a modern golf entertainment leader, has appointed Erin Chamberlin as its new Chief Operating Officer, effective July 22. Chamberlin joins from PENN Entertainment Inc., where she served as Senior Vice President of Regional Operations. In her new role, she will oversee Topgolf's globally owned and operated venue experience, including Player experience, operational excellence, technology, food and beverage innovation, and supply chain operations.

Chamberlin brings over 20 years of experience in operating large, consumer-facing organizations in competitive markets. At PENN, she managed nine casinos, supervised horse racing operations, and chaired the PENN Women resource group. Her previous roles include leadership positions at Caesars Entertainment properties.

Topgolf CEO Artie Starrs expressed confidence in Chamberlin's expertise and alignment with the brand's playful spirit. Chamberlin, a Topgolf Player herself, looks forward to applying her gaming entertainment experience to the modern golf space.

Callaway Golf has unveiled its new Opus and Opus Platinum Wedges, featuring innovative Spin Gen Face Technology. This technology combines a tighter groove pitch, offset groove-in-groove design, and aggressive face blast to deliver exceptional spin and control. The wedges boast Tour-validated shapes with a higher toe peak, radius in the leading edge, and easier hosel transitions.

Opus Wedges offer various sole shapes and grinds, including S, W, C, and T grinds. They come in Brushed Chrome and Black Shadow finishes, with a raw version available for custom orders. Opus Wedges will be available from July 26th at $179.99 each.

The Opus Platinum Wedges, available from August 16th at $229.99 each, feature metal injection molding (MiM) construction and tungsten in the topline for improved launch control and feel.

Topgolf Callaway Brands Corp. (NYSE: MODG) has announced a multiyear strategic agreement with Visa. This partnership covers Topgolf, Callaway, and TravisMathew brands, offering co-promotional opportunities and cardholder benefits, starting with select Cash App Card offers this summer. The collaboration aims to enhance the digital experience for over 24 million U.S. Cash App cardholders, providing gameplay offers, early reservation access, co-branded sponsorships, and exclusive event invites. Additionally, the Topgolf Block Party Challenge, presented by Cash App, runs from June 10 to July 31, with a $50,000 prize. A co-branded credit card with Visa offering exclusive benefits will launch in a few years.

On June 6, 2024, Special Olympics and Topgolf announced their collaboration for the Unified Fore Joy ProAm event, scheduled for September 27. This inclusive golf fundraiser will take place at 31 Topgolf venues across the US and UK, aiming to support Special Olympics programs. Six-person teams can now register to participate. Topgolf will also continue its annual Giving Season from August 1 to September 30, featuring campaigns and special events like LETR Tip-A-Cop® to raise further funds. This partnership marks Topgolf as a sanctioned Special Olympics event, featuring both individual and Unified Sports® team competitions.

Topgolf has launched a new iteration of its 'Come Play Around' campaign on June 6, 2024, featuring quirky puppet announcers, Chaz Mulligan and Birdie Baker, created in collaboration with Jim Henson's Creature Shop. This campaign, developed with Topgolf's agency Anomaly, aims to highlight Topgolf's value offers and summer promotions in a fun, relatable manner.

The campaign's main 30-second spot showcases the 'Free:30' promotion, giving players an extra 30 minutes of game play on weekdays when they book a reservation. Additionally, Chaz and Birdie will promote Topgolf's new game, 'Block Party,' through various digital, audio, and broadcast channels.

The 'Come Play Around' campaign began in 2022, focusing on player inclusivity and experiences at Topgolf. The 2023 sequel emphasized the diverse emotions players feel at Topgolf. The 2024 campaign continues this theme with Chaz and Birdie bringing a playful tone to highlight special offers and new games.

Topgolf is launching a summer campaign with several exciting offers for players. Key features include Free:30, offering 30 minutes of free gameplay with every reservation on weekdays, and the Block Party Challenge with a $50,000 grand prize. Players can enjoy free ice cream and PepsiCo beverages from the Ice Cream Delivery Truck, which will tour select venues starting June 16. Fathers can benefit from special Father's Day offers, including discounted golf gloves and bonus gift cards. -time menu items will be available, featuring unique beverages and food options. The promotions aim to enhance the player experience throughout the summer.

SCORE Sports has appointed Joe Flannery as its new Chief Executive Officer. Flannery, who was previously Executive Vice President at Topgolf Callaway Brands (NYSE: MODG), brings over three decades of experience from prominent companies including Adidas and Nike.

Outgoing CEO Kevin Mahoney will stay on temporarily for a smooth transition. Mahoney, who joined SCORE Sports in 2019, helped the company navigate the pandemic and achieve unprecedented revenue growth.

The announcement comes as SCORE Sports relocates its headquarters to Torrance, California, and forms new partnerships with Babe Ruth League Softball and GoFundMe.

Topgolf announced the appointment of Maryam Morse as its new Chief People Officer, effective May 27, 2024. Morse joins from Andrews Distributing, where she served as EVP of Human Resources and Communications. At Topgolf, Morse will oversee recruitment, retention, leadership development, training, compliance, and employee experience. CEO Artie Starrs praised Morse's background in enhancing employee experiences and her alignment with Topgolf's culture. Morse has over 17 years of experience at Korn Ferry and has worked as a change management consultant for Accenture. She is also involved in academia and local business communities in Dallas.

On May 20, 2024, Xander Schauffele clinched his first major victory at the PGA Championship with a record-breaking 21-under score at Valhalla Golf Club. Using Callaway's Paradym Ai Smoke Driver and Chrome Tour Golf Ball, Schauffele led from start to finish, tying the lowest round ever in a major with an opening 62. His equipment, including Callaway clubs and an Odyssey Putter, played a pivotal role in his historic win. Schauffele's success highlights Callaway's market-leading position, with the Paradym Ai Smoke being the #1 Driver in the U.S. market for Q1 and Odyssey ranking as the top putter on Tour.