Callaway Golf Company Stock News

The venue will be located along Route 46 near the intersection of I-80 and I-280 DALLAS , June 5, 2025 /PRNewswire/ -- Topgolf announced today that it broke ground on a three-level venue in Parsippany, New Jersey, which is set to open in the summer of 2026. This will be Topgolf's third venue in the state, joining existing locations in Mount Laurel  and Edison.

New daily deals, a fan-favorite Summer Fun Pass, cool treats and more make Topgolf THE place to play this summer DALLAS , June 4, 2025 /PRNewswire/ -- Topgolf is doubling down on fun this summer with a new lineup of daily value offers and some seriously good bites, all designed to help Players save their green – for the greens. We get it – times are tight, but that shouldn't stop you from plann...

CARLSBAD, Calif. , June 2, 2025 /PRNewswire/ -- Topgolf Callaway Brands Corp. (NYSE: MODG) ("Topgolf Callaway Brands" or the "Company") is pleased to announce the successful completion of the sale of its Jack Wolfskin business to ANTA Sports for $290 million, subject to certain customary closing adjustments.

Topgolf Callaway (MODG -17.02%) shares were falling on Tuesday, down 13.4% as of 1:42 p.m. ET, despite the overall S&P 500 (^GSPC 0.72%) rallying about 1.1% at that time on the back of this morning's softer-than-expected inflation report.

Topgolf Callaway Brands Corp.'s Q1 results beat Wall Street expectations, but Topgolf's issues continued with a -12% same-venue sales decline and a lowered 2025 outlook. Other segments showed quite subdued sales but a very strong profitability performance. The divestment of Jack Wolfskin comes at a great valuation and enables Topgolf Callaway to slightly deleverage the high-debt balance sheet.

Topgolf Callaway Brands Corp. (NYSE:MODG ) Q1 2025 Results Conference Call May 12, 2025 5:00 PM ET Company Participants Katina Metzidakis - Vice President of Investor Relations & Corporate Communications Chip Brewer - President and Chief Executive Officer Brian Lynch - Chief Financial Officer and Chief Legal Officer Artie Starrs - Chief Executive Officer-Topgolf Conference Call Participants Mat...

Shares of Topgolf Callaway Brands Corp. slipped after hours on Monday after the parent of Topgolf and Callaway-brand golf clubs warned of weaker sales at the driving-range chain and more competition in golf equipment, although it said first-quarter trends were solid, marked by a surprise adjusted profit.

HIGHLIGHTS Q1 consolidated Net Revenue of $1,092 million and strong Adjusted EBITDA both outperformed expectations. Q1 Total Segment Operating Income increased 9.7%.