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Topgolf Callaway Brands to Release Fourth Quarter and Full Year 2024 Financial Results
Prnewswire· 2025-02-18 02:45
Core Viewpoint - Topgolf Callaway Brands Corp. plans to release its fourth quarter and full year 2024 financial results on February 24, 2025, after market close, followed by a conference call to discuss the results and outlook [1]. Group 1 - The financial results announcement will be accompanied by a conference call at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) [1]. - A live webcast and presentation will be available through the Investor Relations section of the Company's website [1]. - A replay of the conference call will be accessible online approximately two hours after the event concludes [2]. Group 2 - Topgolf Callaway Brands Corp. is a tech-enabled Modern Golf and active lifestyle company, offering golf equipment, apparel, and entertainment [3]. - The Company has a diverse portfolio of global brands, including Topgolf, Callaway Golf, TravisMathew, Toptracer, Odyssey, OGIO, and Jack Wolfskin [3]. - The concept of "Modern Golf" encompasses both on-course and off-course golf experiences, creating a dynamic and inclusive ecosystem [3].
Topgolf Launches Exclusive Experience Inspired by Marvel Studios' "Captain America: Brave New World" at all Topgolf U.S. Venues on Feb. 1
Prnewswire· 2025-01-30 13:00
Core Insights - Topgolf is launching a new experience called Block Party, inspired by Marvel Studios' "Captain America: Brave New World," which aims to enhance player engagement and excitement [1][7] - The event includes a national sweepstakes with thousands of daily prizes and a grand prize valued at $15,000, promoting increased foot traffic to Topgolf venues [2][4] - Limited-time menu items themed around the event will be available, enhancing the overall experience for players [5] Group 1: Event Details - The Block Party experience will run from February 14 to March 31, featuring special gameplay elements and a new club called The Sure Thing [1][6] - Players can win prizes by receiving special red golf balls during gameplay, which will lead to scratch-off tickets that guarantee a prize [3][4] - The grand prize includes a Marvel-themed trip to Washington D.C., $6,000 cash, and a Topgolf Platinum Elite Membership [4] Group 2: Marketing and Partnerships - The collaboration between Topgolf and Marvel Studios aims to merge the excitement of the Marvel Cinematic Universe with Topgolf's social gameplay [7] - Topgolf's VP of Global Partnerships emphasized the unique opportunity for fans to engage with their favorite franchise in an interactive setting [7] - The initiative is part of Topgolf's broader strategy to attract diverse audiences and enhance brand visibility through partnerships [8][9] Group 3: Company Overview - Topgolf operates over 100 venues globally, utilizing advanced Toptracer technology to modernize the golfing experience [8] - The company aims to hit 50 billion golf balls between 2022 and 2025, indicating ambitious growth targets [8] - Topgolf Callaway Brands Corp. encompasses a range of brands, positioning itself as a leader in the tech-enabled modern golf and active lifestyle market [9][10]
Five Iron Golf & Callaway Golf Partner to Launch Callaway Tour Fitting
Newsfilter· 2025-01-15 14:00
Core Insights - Five Iron Golf partners with Callaway Golf to launch Callaway Tour Fitting, a premium fitting experience aimed at enhancing golfers' equipment customization [1][3] - The partnership aims to make golf more accessible and enjoyable while helping players improve their game [3][4] Company Overview - Five Iron Golf operates 34 locations across 15 states and 5 countries, recognized for its advanced simulators and community atmosphere [6] - Callaway Golf is a leading manufacturer of premium golf equipment, committed to innovation and performance enhancement for golfers [8] Product Offering - Callaway Tour Fitting will be available at all Five Iron locations starting January 17, providing a golfer-centric fitting experience [3][6] - Fittings will be conducted by certified Five Iron coaches, creating a relaxed environment for golfers [6] - The fitting experience is priced at $99 per hour, making it more affordable compared to typical boutique fittings [6] Equipment and Technology - The fittings will feature the latest Callaway equipment, including the new Elyte family of golf clubs, with a wide range of club heads, shafts, and putters available [6] - Callaway's recently launched radar-friendly golf ball will also be integrated into the fitting experience, enhancing data precision for simulator golf [4][6] Market Positioning - The partnership positions Five Iron Golf as the first indoor golf brand to offer Tour-level fittings certified by a top equipment manufacturer [2][4] - The collaboration aims to capitalize on the growing popularity of indoor golf, providing golfers in metropolitan areas with more fitting options [6]
Topgolf Officially Breaks Ground in Grand Prairie Near EpicCentral Entertainment District
Prnewswire· 2025-01-07 14:00
Core Insights - Topgolf has broken ground on a new two-level venue in Grand Prairie, Texas, set to open in late 2025, marking its 15th venue in Texas and fifth in the Dallas-Fort Worth area [1][2] Company Overview - Topgolf is a brand under Topgolf Callaway Brands Corp. (NYSE: MODG), known for its modern golf entertainment experience with over 100 venues globally, utilizing Toptracer technology [5][7] - The company aims to enable players to hit 50 billion golf balls between 2022 and 2025, showcasing its commitment to expanding the modern golf experience [5] Venue Details - The Grand Prairie venue will feature 80 outdoor climate-controlled hitting bays across two levels, equipped with lounge-type furniture and high-top tables [6] - It will employ approximately 300 staff members, referred to as Playmakers, to enhance the customer experience [6] - The venue will include a full-service bar and restaurant, private event space, and a rooftop terrace, emphasizing a family-friendly atmosphere [6] Community Impact - The new venue is expected to create jobs and attract visitors, contributing to the local economy and enhancing Grand Prairie's status as a top entertainment destination in Texas [4]
Topgolf Callaway Brands upgraded to ‘Buy' on undervalued core business and spin-off potential
Proactiveinvestors NA· 2025-01-03 15:56
Company Overview - Proactive is a financial news publisher that provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The company has a team of experienced and qualified news journalists who produce independent content [2] Market Focus - Proactive specializes in medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [3] - The news team delivers insights across various sectors including biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] Technology Adoption - Proactive is recognized for its forward-looking approach and enthusiastic adoption of technology to enhance workflows [4] - The company utilizes automation and software tools, including generative AI, while ensuring that all content is edited and authored by humans [5]
Topgolf Callaway Brands: A Bogey At These Prices Looks Improbable
Seeking Alpha· 2024-12-29 05:32
Company Performance - Topgolf Callaway Brands (NYSE: MODG) shares have declined by 47% in 2024 [2] Analyst Position - The analyst may initiate a beneficial Long position in MODG through stock purchase or call options within the next 72 hours [4] - The analyst's long position may be in the form of call options [3]
Mississippi's First Topgolf Opens Its Doors on Friday, Dec. 20
Prnewswire· 2024-12-05 14:00
Core Insights - Topgolf is set to open its first venue in Mississippi, Topgolf Ridgeland, on December 20, 2024, marking its 108th global outdoor venue [1][2] Company Overview - Topgolf Ridgeland will feature a nine-hole mini-golf course and 62 outdoor climate-controlled hitting bays [2][4] - The venue is designed to provide a modern golf experience that is accessible to all skill levels, including beginners [3][4] - Topgolf employs approximately 200 staff members, referred to as Playmakers, to enhance the customer experience [3] Venue Features - The venue includes lounge-type furniture and high-top tables in the hitting bays, allowing for a social atmosphere [4] - Topgolf Ridgeland is equipped with Toptracer technology to track golf ball metrics, enhancing gameplay [4] - A new game developed in partnership with SEGA, Sonic the Hedgehog™, will be available, aimed at engaging players of all skill levels [4] Dining and Entertainment - The venue offers a full-service bar and restaurant with a diverse menu, including popular items like injectable donut holes [5] - Additional entertainment features include a 22-foot video wall, over 100 HDTVs, and year-round family-friendly programming [5] Community Impact - Topgolf's COO expressed excitement about the new venue, highlighting the community's eagerness for this unique entertainment option [6] - Ridgeland's Mayor emphasized the venue's role in economic growth and community engagement, noting Topgolf's commitment to giving back [6][7] Corporate Background - Topgolf is a brand under Topgolf Callaway Brands Corp. (NYSE: MODG), which focuses on modern golf and active lifestyle experiences [8][9] - The company aims to enable players to hit 50 billion golf balls between 2022 and 2025, showcasing its growth ambitions [8]
Topgolf To Open One of Its Largest Venues Yet in Burlingame On Dec. 13
Prnewswire· 2024-12-02 16:20
The three-level venue features 108 hitting bays and sits along Bayshore Freeway (Hwy 101) and Airport DriveDALLAS, 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 Located at 258 Anza Blvd., Topgolf Burlingame opens Dec. 13 and features three levels of outdoor climate-controlled hitting bays. Never been to a Topgolf venue? Think of it as a modern golf ...
Topgolf Adds Avon to its 2025 Lineup of Venue Openings
Prnewswire· 2024-12-02 13:00
The venue will be located along Chester Road near the I-90 and Nagel Road intersectionDALLAS, 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.The Basics Topgolf breaks ground on its fifth venue in Ohio. If you've never been to a Topgolf venue before, think of it as a modern golf experience where anyone – including people who have never picked ...
Topgolf Callaway Brands: No Signs Of Recovery In Sight
Seeking Alpha· 2024-11-24 04:59
Following my coverage on Topgolf Callaway Brands (NYSE: MODG ) in Aug'24, for which I recommended a sell rating due to my expectation that SVS (same venue sales) will not recover anytime in the near future, givenI take a fundamentals-based approach to value investing.I disagree with the common misconception held by many investors that low multiple stocks must be cheap. I look for companies that offer the best long-term durability at the most affordable prices. Consequently, I have a propensity to be drawn t ...