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 Cash Flow for the total Company and Topgolf. The Company lowered full year 2024 revenue gu ...