The website features golf clubs, balls and accessories for beginner golfers DALLAS, Oct. 3, 2024 /PRNewswire/ -- Topgolf and Topgolf Callaway Brands Corp. (NYSE: MODG) announced today the launch of golf equipment website, Topgolf Shop, geared toward providing beginners and off-course Players with a simple way to purchase entry-level golf equipment. The site marries Topgolf Callaway Brands' expertise in golf equipment with Topgolf's commitment to making the game more accessible and fun for beginner golfers. ...

Half-price gameplay offer invites Players to discover the newest place to play DALLAS, Oct. 3, 2024 /PRNewswire/ -- Modern golf entertainment leader Topgolf announced today it will open Topgolf Bryan on Oct. 18 in the former BigShots venue located at 400 W. Villa Maria Road in Travis Bryan Midtown Park. This is the first BigShots transition since Topgolf Callaway Brands Corp. acquired four domestic BigShots venues in November 2023. Topgolf Basics Topgolf Bryan opens in Travis Bryan Midtown Park on Oct. 18To ...

This account is managed by Noah's Arc Capital Management. Our goal is provide Wall Street level insights to main street investors. Our research focus is mainly on 20th century stocks (old economy) undergoing a 21st century transformation, but occasionally we'll write on companies that help transform 20th century firms as well. We look for innovations in a business model that will cause a stock to change dramatically. Associated with SA contributors Thomas Potter and Elijah Buell. Analyst's Disclosure: I/we ...

Topgolf Callaway Brands Corp. (MODG) signed a multiyear agreement with Golf Saudi Entertainment LLC (Golf Saudi) to expand its brands in Saudi Arabia. This deal includes popular brands like Topgolf, Callaway, TravisMathew, Odyssey and Ogio, further supporting the company's global growth. MODG is expanding into the Middle East by partnering with Golf Saudi to establish its presence in Saudi Arabia. This collaboration will introduce innovative offerings and enhance the growth of golf in the region, positionin ...

CARLSBAD, Calif., Sept. 19, 2024 /PRNewswire/ -- Topgolf Callaway Brands Corp. (NYSE: MODG) continues its global expansion by entering into a multiyear agreement with Golf Saudi Entertainment, LLC ("Golf Saudi"), to bring Topgolf Callaway Brands' family of brands, including Topgolf, Callaway, TravisMathew, Odyssey and Ogio, to Saudi Arabia. As part of the agreement, Golf Saudi plans to build three Topgolf venues by 2028, to be owned and operated by Golf Saudi with the option to open another two venues in th ...

Core Viewpoint - Topgolf Callaway Brands Corp (NYSE:MODG) is splitting into two distinct businesses, with Callaway focusing on golf equipment and active lifestyle products, while Topgolf will concentrate on golf entertainment [1] Group 1: Company Performance - MODG's stock is currently trading at $10.65, having experienced a decline of 1% [1] - The stock reached a 10-month low of $9.90 on August 30, 2024, and is down 22.6% year-to-date and 36% year-over-year, although it has gained 10.6% over the past week [2] Group 2: Market Sentiment - Short-term options traders are showing bearish sentiment, indicated by a Schaeffer's put/call open interest ratio (SOIR) of 0.87, which is higher than 76% of readings from the past year [2] - Analysts' responses to the separation may vary, with eight out of thirteen analysts maintaining "hold" or worse ratings, and 13.5% of the stock's total float sold short [3]

Key Takeaways Shares of Topgolf Callaway rose in premarket trading Thursday, a day after the company announced its intention to separate into two companies just over three years after their merger was completed. The companies merged in March 2021, calling it a "highly complementary fit" at the time. Callaway now believes the investments it has made set Topgolf up for long-term growth, and sees the best way forward for Topgolf as a separate public company. Shares of Topgolf Callaway Brands (MODG) rose about ...

Separation Will Create a Leading Golf Equipment and Active Lifestyle Company with Strong Free Cash Flow and the Category Leading, High-Growth, Pure-Play Venue-Based Golf Entertainment Business Both Businesses Will Have Strong Balance Sheets, Positive Free Cash Flow and the Required Scale to be Leaders in Their Respective Markets CARLSBAD, Calif., Sept. 4, 2024 /PRNewswire/ -- Topgolf Callaway Brands Corp. (the "Company" or "Topgolf Callaway Brands," "we," "our," "us") (NYSE: MODG) today announced that its B ...

The two-level venue will be located along I-40 at Guilford College Road DALLAS, Aug. 29, 2024 /PRNewswire/ -- Modern golf entertainment leader Topgolf announced today it will open Topgolf Greensboro on Friday, Sept. 13. This is the fourth Topgolf venue in North Carolina including locations in Charlotte and Durham. The Basics Topgolf Greensboro celebrates grand opening on Friday, Sept. 13Topgolf Greensboro celebrates grand opening on Friday, Sept. 13 If you've never been to a Topgolf venue before, think of i ...

The two-level venue sits within The Parkways development in West Des Moines DALLAS, Aug. 22, 2024 /PRNewswire/ -- Modern golf entertainment leader Topgolf announced today it will open its first venue in Iowa, Topgolf Des Moines, on Sept. 6. This is Topgolf's 101st global outdoor venue. Topgolf Basics Topgolf opens its first venue in Iowa, Topgolf Des Moines, on Sept. 6.Topgolf opens its first venue in Iowa, Topgolf Des Moines, on Sept. 6. Never been to a Topgolf venue? Think of it as a modern golf experienc ...