Topgolf Callaway Brands (MODG) - 2024 Q3 - Quarterly Results

Exhibit 99.1 TOPGOL TOPGOLF CALLAWAY BRANDS ANNOUNCES THIRD QUARTER 2024 RESULTS HIGHLIGHTS • Q3 Consolidated Revenues and Adjusted EBITDA were ahead of expectations. • The Callaway brand maintained its #1 position in U.S. market share in total golf clubs and achieved record U.S. market share in golf ball. • The Company further strengthened its available liquidity position to $863 million, increasing $129 million year-over-year. • The Company reaffirmed its expectation for full year positive Adjusted Free C ...