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TOPGOLF CALLAWAY BRANDS ANNOUNCES SECOND QUARTER 2024 RESULTS
Prnewswire· 2024-08-07 19:53
Announces Formal Strategic Review of Topgolf Including Organic and Inorganic Alternatives HIGHLIGHTS Q2 Net Income of $62 million, Non-GAAP Net Income of $83 million, and Adjusted EBITDA of $206 million were all ahead of expectations. Q2 Consolidated Revenues were down 1.9% year-over-year and full year Revenue and Adjusted EBITDA outlook lowered to a range of $4,200 - $4,260 million and $570 - $590 million, respectively. Maintained #1 U.S. model market share in Driver, Fairway Woods and Irons with Ai Smoke ...
Topgolf Debuts New Golf Club with One Goal: Make Golf Less Hard
Prnewswire· 2024-08-01 12:08
Core Insights - Topgolf has introduced a new golf club called The Sure Thing, designed to enhance the experience for both new and experienced players [1][2] - The club features a larger club face, a 20° loft, a shorter shaft for better control, and a proprietary "chicken wing technology" aimed at making golf more accessible [1][3] - The Sure Thing is available at all Topgolf venues in the U.S., and the company is promoting it with a special offer of free boneless chicken wings for players trying the club [2][3] Company Overview - Topgolf is a brand under Topgolf Callaway Brands Corp. (NYSE: MODG) and operates 100 outdoor venues globally, utilizing advanced Toptracer technology [4] - The company aims to create a fun and engaging environment for players, with a mission to enable them to hit 50 billion golf balls between 2022 and 2025 [4]
Xander Schauffele Wins His 2nd Major At The Open Championship With Callaway Clubs and Golf Ball
Prnewswire· 2024-07-22 16:25
Schauffele makes history and becomes the Champion Golfer of the Year with an iconic final round 65 at Royal Troon Callaway Staff Pro Xander Schauffele captured his 2nd major win at The Open Championship. Callaway's Ai Smoke Triple Diamond Drivers, Chrome Tour Golf Ball Family and new Opus Wedges have now earned 3 major wins with Xander's victories and Yuka Saso's win at the U.S. Women's Open. His Chrome Tour Golf Ball is the new gold standard in performance; it provides Xander with total performance from te ...
Topgolf Names Erin Chamberlin as Chief Operating Officer
Prnewswire· 2024-07-18 13:00
Chamberlin joins Topgolf from PENN Entertainment Inc. DALLAS, July 18, 2024 /PRNewswire/ -- Modern golf entertainment leader Topgolf announced today that Erin Chamberlin has been named its new Chief Operating Officer beginning July 22. Chamberlin joins the company from PENN Entertainment Inc., the largest provider of gaming entertainment in North America, where she served as a Senior Vice President of Regional Operations since 2019. In her new role, Chamberlin will be responsible for Topgolf's globally owne ...
Callaway Golf Announces New Opus and Opus Platinum Wedges
Prnewswire· 2024-07-15 16:30
The new Opus Platinum Wedges are a true leap forward, fusing advancements from metal injection molding (MiM), and tungsten for launch control. MiM Construction has opened the door for Callaway to deliver precision in wedge construction like never before, to dial in touch and feel where players need it. Tungsten has also been incorporated into the topline bringing the flight lower for more control and spin into greens. The designs incorporate Spin Gen Face Technology for Tour-level spin along with Tour Certi ...
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 ...