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 announced an eight-year partnership with PepsiCo, starting May 15, 2024, to supply beverages across its U.S. venues. The rollout will be completed by June 2024. Topgolf players will get access to a variety of PepsiCo beverages, including Pepsi, MTN DEW, and Gatorade.
The partnership includes unique player experiences and a major giveaway: one person will win eight years of free Topgolf play and PepsiCo beverages, and 100 others will win $25 game play cards and Pepsi-Cola product credits.
This summer, a Topgolf Summer of Play Delivery Truck will travel the country, offering prizes and Pepsi-branded swag at key stops. The partnership aims to deliver exclusive crafted beverages and unforgettable experiences for players.
Topgolf Callaway Brands Corp. announced strong Q1 2024 results with revenue of $1.144 billion, net income of $7 million, and Adjusted EBITDA of $161 million. The company achieved #1 market share in Ai Smoke clubs and Chrome Tour golf balls. Additionally, they repriced term loans, repurchased shares, and plan to pay down $50 million debt. Despite revenue guidance adjustment due to currency volatility, the company is confident in bottom-line improvement and increased EPS and cash flow.
Topgolf Callaway Brands Corp. (NYSE: MODG) will release its first quarter 2024 financial results on May 8, 2024. Management will discuss the results and business outlook in a conference call. The Company's management team will also participate in upcoming conferences, including the KeyBanc Capital Markets Virtual Consumer Leisure Spotlight on May 20 and the B. Riley Annual Institutional Investor Conference on May 22.
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