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]

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]

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]

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]

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 ...

Core Points - Topgolf has broken ground on its fifth venue in Ohio, located in Avon, approximately 20 miles west of downtown Cleveland, with an expected opening in late 2025 [1][2] - The new venue will feature 64 outdoor climate-controlled hitting bays across two levels, equipped with Topgolf's Toptracer technology [3] - Topgolf Avon aims to create a family-friendly environment with a full-service bar and restaurant, a 22-foot video wall, over 100 HDTVs, and year-round programming [4] Company Insights - Topgolf is a brand under Topgolf Callaway Brands Corp. (NYSE: MODG), which operates over 100 venues globally and focuses on modern golf experiences [6][7] - The company aims to enable players to hit 50 billion golf balls between 2022 and 2025, showcasing its commitment to expanding the sport [6] Community Impact - Local officials, including Avon Mayor Bryan Jensen, express excitement about Topgolf's arrival, highlighting its potential to enhance recreational options, create jobs, and contribute to the economic vitality of the city [5] - Jacobs Real Estate Services President James Eppele notes that Topgolf's presence validates the growth potential of the Chester Road corridor, indicating a strong market for premium brands [5]

The venue will be located at 560 Bielenberg Drive in Woodbury, MNDALLAS, 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.The Basics Topgolf breaks ground on new venue in Woodbury, Minnesota. If you've never been to a Topgolf venue before, think of it as a modern golf experience where anyone – inc ...

Over the past few days, investors have not generally been willing to tee up with the stock of Topgolf Callaway Brands (MODG -1.98%). According to data compiled by S&P Global Market Intelligence, as of late Thursday, the golfing specialist's stock was down by almost 13% week to date. News of an uninspiring quarter for the company was the driving factor in the decline.A lousy day on the linksTopgolf unveiled its third-quarter results just after market close on Tuesday. Revenue for the period was slightly over ...

Topgolf Callaway Brands Corp. (MODG) reported third-quarter 2024 results, with earnings and revenues beating the Zacks Consensus Estimate. However, the top and bottom lines declined on a year-over-year basis.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.MODG’s Q3 Earnings and RevenuesIn the quarter under review, the company reported an adjusted earnings per share (EPS) of 2 cents, beating the Zacks Consensus Estimate of loss of 18 cents per share. In the prior-year quarter, the co ...

For the quarter ended September 2024, Topgolf Callaway Brands (MODG) reported revenue of $1.01 billion, down 2.7% over the same period last year. EPS came in at $0.02, compared to $0.20 in the year-ago quarter.The reported revenue represents a surprise of +3.22% over the Zacks Consensus Estimate of $981.29 million. With the consensus EPS estimate being -$0.18, the EPS surprise was +111.11%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compar ...