| Topgolf Callaway Q1 Earnings Surpass Estimates, Revenues Fall Y/Y |
MODG's Q1 top line reflects soft contributions from the Topgolf, Golf Equipment and Active Lifestyle segments. |
zacks.com |
2025-05-13 14:11:09 |
Czytaj oryginał (ang.) |
| Topgolf Callaway Q1: Another Topgolf Bogey |
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. |
seekingalpha.com |
2025-05-13 13:10:25 |
Czytaj oryginał (ang.) |
| Topgolf Callaway Brands Corp. (MODG) Q1 2025 Earnings Call Transcript |
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 Matthew Boss - JPMorgan Michael Swartz - Truist Securities Megan Clapp - Morgan Stanley Lucas Hudson - Bank of America J.P. Wollam - ROTH Capital Partners Casey Alexander - Compass Point Noah Zatzkin - KeyBanc Capital Markets Joe Altobello - Raymond James Operator Good afternoon, and welcome to the Topgolf Callaway Brands' First Quarter 2025 Earnings Conference Call. |
seekingalpha.com |
2025-05-13 00:00:14 |
Czytaj oryginał (ang.) |
| Here's What Key Metrics Tell Us About Topgolf Callaway (MODG) Q1 Earnings |
While the top- and bottom-line numbers for Topgolf Callaway (MODG) give a sense of how the business performed in the quarter ended March 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values. |
zacks.com |
2025-05-12 23:01:04 |
Czytaj oryginał (ang.) |
| Topgolf Callaway Brands (MODG) Q1 Earnings and Revenues Surpass Estimates |
Topgolf Callaway Brands (MODG) came out with quarterly earnings of $0.11 per share, beating the Zacks Consensus Estimate of a loss of $0.04 per share. This compares to earnings of $0.09 per share a year ago. |
zacks.com |
2025-05-12 22:30:36 |
Czytaj oryginał (ang.) |
| Topgolf Callaway wants to focus on golf equipment, but expects more competition there |
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. |
marketwatch.com |
2025-05-12 21:48:00 |
Czytaj oryginał (ang.) |
| TOPGOLF CALLAWAY BRANDS ANNOUNCES FIRST QUARTER 2025 RESULTS |
HIGHLIGHTS Q1 consolidated Net Revenue of $1,092 million and strong Adjusted EBITDA both outperformed expectations. Q1 Total Segment Operating Income increased 9.7%. |
prnewswire.com |
2025-05-12 20:15:00 |
Czytaj oryginał (ang.) |
| Exploring Analyst Estimates for Topgolf Callaway (MODG) Q1 Earnings, Beyond Revenue and EPS |
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Topgolf Callaway (MODG), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended March 2025. |
zacks.com |
2025-05-08 14:21:11 |
Czytaj oryginał (ang.) |
| Topgolf Callaway Brands to Release First Quarter 2025 Financial Results |
CARLSBAD, Calif. , May 5, 2025 /PRNewswire/ -- Topgolf Callaway Brands Corp. (the "Company" or "Topgolf Callaway Brands") (NYSE: MODG) announced today that it intends to release its first quarter 2025 financial results on Monday, May 12, 2025, after the market closes. |
prnewswire.com |
2025-05-05 20:17:00 |
Czytaj oryginał (ang.) |
| Topgolf Callaway Brands: It's Crazy Not To Take A Swing At This |
I maintain a concentrated portfolio and recently invested in Topgolf Callaway Brands, despite the market's disagreement and the firm's significant share price decline. Management plans to spin off Topgolf, allowing each entity to focus on strengths, potentially creating more shareholder value. Despite recent financial challenges, including a $1.45 billion impairment charge, I believe the stock is significantly undervalued. |
seekingalpha.com |
2025-04-11 09:11:17 |
Czytaj oryginał (ang.) |
| Topgolf Callaway Brands Announces Agreement to Sell Jack Wolfskin to ANTA Sports |
CARLSBAD, Calif. , April 10, 2025 /PRNewswire/ -- Topgolf Callaway Brands Corp. (NYSE: MODG) ("Topgolf Callaway Brands" or the "Company") announced that it has entered into an agreement to sell its Jack Wolfskin business to ANTA Sports for a base price of $290 million in cash, subject to net working capital and other customary adjustments. |
prnewswire.com |
2025-04-10 09:07:00 |
Czytaj oryginał (ang.) |
| Swing Big, Save Bigger: Topgolf and Verizon Team Up on Modern Golf Fun |
The multiyear agreement extends Topgolf deals and discounts to Verizon customers DALLAS , March 10, 2025 /PRNewswire/ -- Modern golf entertainment leader Topgolf and Verizon, the largest wireless carrier in the United States, have officially teed up a game-changing partnership that brings exclusive perks and experiences to Verizon customers across the country. Verizon customers are set to score big thanks to the multiyear agreement featuring seasonal discounts, unique event packages and exclusive gift card promotions – all available through the Verizon Access program in the Verizon app. |
prnewswire.com |
2025-03-10 10:00:00 |
Czytaj oryginał (ang.) |
| Topgolf Callaway: Why Investors Should Take A Swing |
Topgolf and Callaway will separate into two independent companies, potentially unlocking value. Callaway will focus on golf equipment, while Topgolf will operate as a debt-free entertainment brand. The stock has plunged 84% since its peak, largely due to the challenges of merging golf equipment manufacturing with entertainment. However, at $6 per share it is undervalued. Callaway is positioned for stable growth with its premium golf gear and Toptracer technology, while Topgolf presents a higher-risk, high-reward opportunity through international expansion and innovation. |
seekingalpha.com |
2025-03-06 13:25:14 |
Czytaj oryginał (ang.) |
| Topgolf Callaway (MODG) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates |
The headline numbers for Topgolf Callaway (MODG) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals. |
zacks.com |
2025-02-24 21:31:11 |
Czytaj oryginał (ang.) |
| Topgolf Callaway Brands (MODG) Reports Q4 Loss, Tops Revenue Estimates |
Topgolf Callaway Brands (MODG) came out with a quarterly loss of $0.33 per share versus the Zacks Consensus Estimate of a loss of $0.40. This compares to loss of $0.30 per share a year ago. |
zacks.com |
2025-02-24 20:36:09 |
Czytaj oryginał (ang.) |
| Topgolf Callaway Posts Revenue Beat |
Topgolf Callaway Brands (MODG -4.42%), a leading company in the golf and active lifestyle industries, reported its Q4 2024 earnings on Feb. 24, 2025. The company's adjusted EPS exceeded expectations at -$0.33 compared to an anticipated -$0.40. |
fool.com |
2025-02-24 20:33:22 |
Czytaj oryginał (ang.) |
| TOPGOLF CALLAWAY BRANDS ANNOUNCES FOURTH QUARTER AND FULL YEAR 2024 RESULTS |
HIGHLIGHTS Q4 consolidated Net Revenue growth of 3% and strong Adjusted EBITDA growth both outperformed guidance. Total Company operating cash flow increased 5% to $382 million and Adjusted Free Cash Flow increased 27% to $203 million. |
prnewswire.com |
2025-02-24 18:15:00 |
Czytaj oryginał (ang.) |
| Topgolf Callaway: Q4 Preview, A Costly Mistake With No Clear Turnaround - 'Sell' |
The merger of Topgolf and Callaway was a strategic mistake, leading to high debt and damaging Callaway's premium brand image. Topgolf's revenue growth has slowed due to economic normalization, with declining consumer spending and rising interest rates. The combined company faces significant financial challenges, and even the intended spin-off carries substantial uncertainties. |
seekingalpha.com |
2025-02-22 04:26:50 |
Czytaj oryginał (ang.) |
| Topgolf Callaway Brands to Release Fourth Quarter and Full Year 2024 Financial Results |
CARLSBAD, Calif. , Feb. 17, 2025 /PRNewswire/ -- Topgolf Callaway Brands Corp. (the "Company" or "Topgolf Callaway Brands") (NYSE: MODG) announced today that it intends to release its fourth quarter and full year 2024 financial results on Monday, February 24, 2025, after the market closes. |
prnewswire.com |
2025-02-17 23:45:00 |
Czytaj oryginał (ang.) |
| 3 Stocks Under $10 That Could Turn Risk Into Reward |
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. |
marketbeat.com |
2025-02-05 11:50:35 |
Czytaj oryginał (ang.) |
| Topgolf Launches Exclusive Experience Inspired by Marvel Studios' "Captain America: Brave New World" at all Topgolf U.S. Venues on Feb. 1 |
Enjoy the limited-time experience for free with Topgolf's Free Play Time deal DALLAS , Jan. 30, 2025 /PRNewswire/ -- Topgolf is proud to announce a brave new way to play with the launch of an all-new Block Party experience inspired by Marvel Studios' "Captain America: Brave New World," in theaters Feb. 14. The limited-time experience is available at all Topgolf U.S. venues Feb. 1 through April 13 and is accompanied by a national in-venue sweepstakes and limited-time menu items. |
prnewswire.com |
2025-01-30 10:00:00 |
Czytaj oryginał (ang.) |
| Five Iron Golf & Callaway Golf Partner to Launch Callaway Tour Fitting |
Tour-Level Elite Fitting Experience Coming To All Five Iron Golf Locations Tour-Level Elite Fitting Experience Coming To All Five Iron Golf Locations |
globenewswire.com |
2025-01-15 11:00:00 |
Czytaj oryginał (ang.) |
| Topgolf Officially Breaks Ground in Grand Prairie Near EpicCentral Entertainment District |
The venue will be located near Mayfield Road along the President George Bush Turnpike DALLAS , Jan. 7, 2025 /PRNewswire/ -- Modern golf entertainment leader Topgolf announced today it broke ground on a two-level venue located in Grand Prairie, Texas, set to open in late 2025. This will be the 15th venue in Texas and the fifth in the Dallas-Fort Worth metroplex. |
prnewswire.com |
2025-01-07 11:00:00 |
Czytaj oryginał (ang.) |
| Topgolf Callaway Brands upgraded to ‘Buy' on undervalued core business and spin-off potential |
Topgolf Callaway Brands (NYSE:MODG) has been upgraded to a ‘Buy' rating from ‘Hold' by analysts at Jefferies who see the golf equipment and entertainment brand's shares as undervalued. Analysts also raised their price target on the company to $13 from $11. |
proactiveinvestors.com |
2025-01-03 12:56:31 |
Czytaj oryginał (ang.) |
| Why Shares of Topgolf Callaway Brands Rallied Big Today |
Shares of Topgolf Callaway Brands (MODG 11.51%) rallied as much as 18.3% on Thursday, before settling in to a 12.6% gain as of 11:35 a.m. EDT. |
fool.com |
2025-01-02 16:23:05 |
Czytaj oryginał (ang.) |
| Callaway Golf Announces New Elyte Family of Woods and Irons |
The future of performance is Elyte with incredible new drivers, fairway woods, irons, and hybrids CARLSBAD, Calif. , Jan. 2, 2025 /PRNewswire/ -- Today Callaway Golf, one of the industry's leaders in equipment design, performance, and innovation, announced their new Elyte family of golf clubs. |
prnewswire.com |
2025-01-02 12:00:00 |
Czytaj oryginał (ang.) |
| Topgolf Callaway Brands: A Bogey At These Prices Looks Improbable |
Topgolf Callaway Brands' shares have plummeted 47% in 2024 and 79.3% from their peak, but the decline seems extreme given the company's fundamentals. Management plans to split Topgolf and Callaway Golf Company, aiming to unlock value despite recent financial struggles and increased debt. Topgolf's growth strategy involves expanding venues, while Callaway Golf Company will inherit the debt, potentially offering investors Topgolf at a low valuation. |
seekingalpha.com |
2024-12-29 02:32:03 |
Czytaj oryginał (ang.) |
| Mississippi's First Topgolf Opens Its Doors on Friday, Dec. 20 |
The two-level venue in Ridgeland sits northeast of the Renaissance at Colony Park DALLAS , Dec. 5, 2024 /PRNewswire/ -- Modern golf entertainment leader Topgolf announced today that at long last, it will open its first venue in Mississippi, Topgolf Ridgeland, on Dec. 20. This is Topgolf's 108th global outdoor venue. |
prnewswire.com |
2024-12-05 11:00:00 |
Czytaj oryginał (ang.) |
| Topgolf To Open One of Its Largest Venues Yet in Burlingame On Dec. 13 |
The three-level venue features 108 hitting bays and sits along Bayshore Freeway (Hwy 101) and Airport Drive DALLAS , Dec. 2, 2024 /PRNewswire/ -- Modern golf entertainment leader Topgolf announced today it will open in Burlingame, California, on Dec. 13, making it Topgolf's 107th global outdoor venue. Topgolf Basics Never been to a Topgolf venue? |
prnewswire.com |
2024-12-02 13:20:00 |
Czytaj oryginał (ang.) |
| Topgolf Adds Avon to its 2025 Lineup of Venue Openings |
The venue will be located along Chester Road near the I-90 and Nagel Road intersection DALLAS , Dec. 2, 2024 /PRNewswire/ -- Topgolf announced today it broke ground on a two-level venue located in Avon, Ohio, approximately 20 miles west of downtown Cleveland. This will be the fifth Topgolf venue in Ohio. |
prnewswire.com |
2024-12-02 10:00:00 |
Czytaj oryginał (ang.) |
| Topgolf Callaway Brands: No Signs Of Recovery In Sight |
I maintain a sell rating on Topgolf Callaway Brands due to poor revenue performance, weak consumer spending, and ineffective growth initiatives. MODG's 3Q24 earnings showed a 2.7% y/y revenue decline, with EBIT margin compressing by 400 bps and net income plummeting to $4.3 million. Topgolf's SVS declined for the fourth consecutive quarter, with both consumer and corporate segments showing significant drops. |
seekingalpha.com |
2024-11-24 01:59:37 |
Czytaj oryginał (ang.) |
| Topgolf Breaks Ground on Second Venue in Minnesota |
The venue will be located at 560 Bielenberg Drive in Woodbury, MN DALLAS , Nov. 21, 2024 /PRNewswire/ -- Topgolf announced today it recently broke ground on a three-level venue in Woodbury, Minnesota, set to open in late 2025. This is the second venue in Minnesota in addition to an existing venue in Minneapolis – Brooklyn Center. |
prnewswire.com |
2024-11-21 11:00:00 |
Czytaj oryginał (ang.) |
| Why Topgolf Callaway Stock Was Slumping This Week |
Why Topgolf Callaway Stock Was Slumping This Week |
fool.com |
2024-11-14 22:44:09 |
Czytaj oryginał (ang.) |
| Topgolf Callaway price target lowered to $12 from $14 at Goldman Sachs |
Goldman Sachs lowered the firm's price target on Topgolf Callaway to $12 from $14 and keeps a Neutral rating on the shares. The company's Q3 revenue and adjusted EBITDA topped estimates, but the management reduced its guidance, reflecting a shift in timing of shipments between Q3 and Q4 along with a slower than expected consumer activity in Q3, the analyst tells investors in a research note. Same-venue-sales for Topgolf also decelerated sequentially in Q3 both on a 1 and 2 year stack, driven more by 3+ Bay versus 1-2 Bay, though both segments also decelerated sequentially, Goldman added. |
https://thefly.com |
2024-11-13 19:37:56 |
Czytaj oryginał (ang.) |
| Topgolf Callaway Q3 Earnings & Revenues Top Estimates, Fall Y/Y |
MODG's Q3 results benefit from operating efficiencies and cost management at Topgolf venues, along with favorable shipment timing in the legacy business. |
zacks.com |
2024-11-13 11:31:13 |
Czytaj oryginał (ang.) |
| Topgolf Callaway Brands Corp (MODG) Q3 2024 Earnings Call Transcript |
Topgolf Callaway Brands Corp (NYSE:MODG ) Q3 2024 Earnings Conference Call November 12, 2024 5:00 PM ET Company Participants Katina Metzidakis - Vice President of Investor Relations and Corporate Communications Chip Brewer - President and Chief Executive Officer Brian Lynch - Chief Financial Officer and Chief Legal Officer Conference Call Participants Matthew Boss - J.P. Morgan Michael Swartz - Truist Securities Joe Altobello - Raymond James Eric Wold - B. |
seekingalpha.com |
2024-11-12 21:44:01 |
Czytaj oryginał (ang.) |
| Compared to Estimates, Topgolf Callaway (MODG) Q3 Earnings: A Look at Key Metrics |
Although the revenue and EPS for Topgolf Callaway (MODG) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers. |
zacks.com |
2024-11-12 21:06:22 |
Czytaj oryginał (ang.) |
| Topgolf Callaway Brands (MODG) Tops Q3 Earnings and Revenue Estimates |
Topgolf Callaway Brands (MODG) came out with quarterly earnings of $0.02 per share, beating the Zacks Consensus Estimate of a loss of $0.18 per share. This compares to earnings of $0.20 per share a year ago. |
zacks.com |
2024-11-12 20:41:19 |
Czytaj oryginał (ang.) |
| TOPGOLF CALLAWAY BRANDS ANNOUNCES THIRD QUARTER 2024 RESULTS |
HIGHLIGHTS Q3 Consolidated Revenues and Adjusted EBITDA were ahead of expectations. The Callaway brand maintained its #1 position in U.S. market share in total golf clubs and achieved record U.S. market share in golf ball. |
prnewswire.com |
2024-11-12 18:15:00 |
Czytaj oryginał (ang.) |
| MODG vs. SRAD: Which Stock Is the Better Value Option? |
Investors looking for stocks in the Leisure and Recreation Products sector might want to consider either Topgolf Callaway Brands (MODG) or Sportradar Group AG (SRAD). But which of these two stocks presents investors with the better value opportunity right now? |
zacks.com |
2024-11-11 14:45:43 |
Czytaj oryginał (ang.) |
| Topgolf Callaway to Report Q3 Earnings: Things to Keep in Mind |
MODG's third-quarter 2024 results are likely to reflect the impact of slowing consumer activity. |
zacks.com |
2024-11-11 13:36:11 |
Czytaj oryginał (ang.) |
| Topgolf Callaway Brands to Release Third Quarter 2024 Financial Results |
CARLSBAD, Calif. , Nov. 5, 2024 /PRNewswire/ -- Topgolf Callaway Brands Corp. (the "Company" or "Topgolf Callaway Brands") (NYSE: MODG) announced today that it intends to release its third quarter 2024 financial results on Tuesday, November 12, 2024, after the market closes. |
prnewswire.com |
2024-11-05 18:15:00 |
Czytaj oryginał (ang.) |
| Is TOPGOLF CALLAWY (MODG) Stock Undervalued Right Now? |
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks. |
zacks.com |
2024-11-01 12:46:15 |
Czytaj oryginał (ang.) |