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Topgolf Callaway Brands Joins Forces with Visa
Prnewswire· 2024-06-20 12:00
CARLSBAD, Calif., June 20, 2024 /PRNewswire/ -- Topgolf Callaway Brands Corp. (NYSE: MODG) is excited to announce it has entered into a multiyear strategic agreement with Visa, a world leader in digital payments, that extends across Topgolf Callaway's family of brands, including Topgolf, Callaway and TravisMathew. The partnership brings with it co-promotional opportunities and cardholder benefits that will kick off this summer with select Cash App Card offers at Topgolf. The partnership aligns with Topgolf ...
Special Olympics and Topgolf to Partner in New Inclusive Fundraiser on September 27
Prnewswire· 2024-06-06 13:00
Post this In addition to the Unified Fore Joy ProAm, Topgolf locations in the U.S. will continue to support Special Olympics through the annual Giving Season Aug. 1 – Sept. 30. Topgolf's 90 U.S. venues will offer players the opportunity to donate to Special Olympics by donating on their check, purchasing a $5 Law Enforcement Torch Run® for Special Olympics Flame icon or purchasing an exclusive Red Glove to donate $5 to Special Olympics. In addition to the Unified Fore Joy ProAm, Topgolf locations in the U.S ...
Topgolf Introduces New Announcers in the Latest Iteration of its "Come Play Around" Campaign
Prnewswire· 2024-06-06 12:45
DALLAS, June 6, 2024 /PRNewswire/ -- A typical golf announcer speaks in a calm and respectable manner. The gravity of each shot can be felt through the announcer's hushed voice and controlled breathing during crucial moments of the game. "This next installment of our Come Play Around campaign is about delivering our Players reasons to play and a strong value offer," said Topgolf Chief Brand Officer Geoff Cottrill. "Consumers are searching for value everywhere they go, and we wanted to find a way to highligh ...
Topgolf Kicks Off Its Summer of Play by Giving Players Even More Reasons to Come Play Around
Prnewswire· 2024-06-03 14:28
"We are beyond excited by everything we have in store for our Players this summer," said Topgolf Chief Brand Officer Geoff Cottrill. "We have put a ton of thought and planning into how we can make this summer a memorable one for all who visit and feel there is truly something that will surprise and delight our Players no matter what part of the Topgolf experience they enjoy the most." Case in point: Whether Players like to save money or win money (or both!), check out new food creations or find comfort in t ...
Topgolf Names Maryam Morse as Chief People Officer
Prnewswire· 2024-05-22 13:45
Morse joins Topgolf from Dallas-based Andrews Distributing DALLAS, May 22, 2024 /PRNewswire/ -- Modern golf entertainment leader Topgolf announced today that Maryam Morse has been named its new Chief People Officer beginning May 27. Morse joins the company from Andrews Distributing where she served as the Executive Vice President of Human Resources and Communications since 2018. In her new role, Morse will oversee recruitment and retention, leadership development, training and compliance, the Playmaker (aka ...
Xander Schauffele Wins PGA Championship With Callaway Clubs and Golf Ball
Prnewswire· 2024-05-20 22:15
Schauffele earns his first major victory and sets the lowest winning score in major championship history with a Callaway Paradym Ai Smoke Driver, Chrome Tour Golf Ball, and an Odyssey Putter CARLSBAD, Calif., May 20, 2024 /PRNewswire/ -- On Sunday, Callaway Staff Professional Xander Schauffele earned his first major win at the 2024 PGA Championship. Schauffele also set the record for the lowest score in major championship history at 21-under with rounds of 62-68-68-65 at Valhalla Golf Club, highlighted by a ...
Topgolf Selects PepsiCo as Official Beverage Partner
Prnewswire· 2024-05-15 12:00
PepsiCo and Topgolf Launch Eight-Year Partnership Offering the Chance to Win Eight Years of Free Topgolf and PepsiCo Beverages DALLAS, May 15, 2024 /PRNewswire/ -- Modern golf entertainment leader Topgolf announced today an eight-year beverage agreement with global food and beverage leader, PepsiCo. Beverages will be supplied to Topgolf's U.S. venues beginning May 15, 2024, with the rollout expected to be completed by June 2024. PepsiCo beverages will be rolled out to Topgolf’s U.S. venues beginning May ...
Topgolf Callaway Brands (MODG) - 2024 Q1 - Earnings Call Transcript
2024-05-09 01:46
Topgolf Callaway Brands Corp. (NYSE:MODG) Q1 2024 Earnings Conference Call May 8, 2024 5:00 PM ET Conference Call Participants Matt Boss - JPMorgan Alex Perry - Bank of America Megan Alexander - Morgan Stanley Kate McShane - Goldman Sachs Joe Altobello - Raymond James Casey Alexander - Compass Point Research Noah Zatzkin - KeyBanc Capital Markets Thank you, operator and good afternoon, everyone. Welcome to Topgolf Callaway Brands' first quarter earnings conference call. I'm Katina Metzidakis, the company's ...
Topgolf Callaway Brands (MODG) - 2024 Q1 - Earnings Call Presentation
2024-05-08 23:22
▪ Net CapEx of $240M ($180M forTopgolf), is $20M lower than prior guide due to venue timing ▪ Anticipate ~$50 million pay down in Term Loan debt | --- | --- | --- | --- | --- | |------------------------------------------|---------|---------------|----------|-------------| | ($ in millions, except for EPS) 1 | Topgolf | Non-Topgolf 5 | Total | Prev. Total | | Adjusted EBITDA | ~$350 | ~$280 | ~$630 4 | $630 4 | | Non-GAAP Depreciation & Amortization | | | ~$260 | ~$265 | | Non-GAAP Topgolf D&A | ~$205 | | ~$ ...
Here's What Key Metrics Tell Us About Topgolf Callaway (MODG) Q1 Earnings
Zacks Investment Research· 2024-05-08 23:01
For the quarter ended March 2024, Topgolf Callaway Brands (MODG) reported revenue of $1.14 billion, down 2% over the same period last year. EPS came in at $0.09, compared to $0.17 in the year-ago quarter.The reported revenue represents a surprise of -0.80% over the Zacks Consensus Estimate of $1.15 billion. With the consensus EPS estimate being $0.01, the EPS surprise was +800.00%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to det ...