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Topgolf Callaway (MODG) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
MODGTopgolf Callaway Brands (MODG) ZACKS·2025-02-25 00:31

Core Insights - Topgolf Callaway Brands reported revenue of 924.4millionforthequarterendedDecember2024,markingayear−over−yearincreaseof3924.4 million for the quarter ended December 2024, marking a year-over-year increase of 3% and exceeding the Zacks Consensus Estimate of 883.15 million by 4.67% [1] - The company experienced an EPS of -0.33,whichisaslightdeclinefrom−0.33, which is a slight decline from -0.30 a year ago, but it surpassed the consensus EPS estimate of -0.40by17.500.40 by 17.50% [1] Revenue Performance by Category - Gear, Accessories & Other: 69.30 million, below the average estimate of 78.33million,withayear−over−yeardeclineof9.878.33 million, with a year-over-year decline of 9.8% [4] - Apparel: 191.30 million, exceeding the average estimate of 177.17million,withayear−over−yearincreaseof5.2177.17 million, with a year-over-year increase of 5.2% [4] - Venues: 420 million, slightly above the average estimate of 401.59million,withayear−over−yearchangeof−0.5401.59 million, with a year-over-year change of -0.5% [4] - Topgolf: 439 million, surpassing the average estimate of 419.97million,withnochangeyear−over−year[4]−Otherbusinesslines:419.97 million, with no change year-over-year [4] - Other business lines: 19 million, exceeding the average estimate of 18.37million,withayear−over−yearincreaseof13.118.37 million, with a year-over-year increase of 13.1% [4] - Golf Equipment: 224.80 million, above the average estimate of 207.17million,withayear−over−yearincreaseof12.7207.17 million, with a year-over-year increase of 12.7% [4] - Active Lifestyle: 260.60 million, slightly above the average estimate of 255.50million,withayear−over−yearincreaseof0.7255.50 million, with a year-over-year increase of 0.7% [4] - Golf Balls: 46 million, exceeding the average estimate of 45.17million,withayear−over−yearincreaseof17.445.17 million, with a year-over-year increase of 17.4% [4] - Golf Clubs: 178.80 million, above the average estimate of 162million,withayear−over−yearincreaseof11.6162 million, with a year-over-year increase of 11.6% [4] - Services: 435.30 million, exceeding the average estimate of 418.11million,withnochangeyear−over−year[4]−Products:418.11 million, with no change year-over-year [4] - Products: 489.10 million, above the average estimate of $461.58 million, with a year-over-year increase of 5.9% [4] Stock Performance - Over the past month, shares of Topgolf Callaway have returned -12.6%, compared to a -0.5% change in the Zacks S&P 500 composite [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]