Topgolf Callaway Brands (US:MODG) ZACKSยท2025-08-07 00:01Core Insights - Topgolf Callaway Brands reported $1.11 billion in revenue for the quarter ended June 2025, reflecting a year-over-year decline of 4.1% and an EPS of $0.24 compared to $0.42 a year ago, with a revenue surprise of +2.69% over the Zacks Consensus Estimate of $1.08 billion and an EPS surprise of +700% over the consensus estimate of $0.03 [1] Revenue Performance - Topgolf segment generated net revenues of $485.3 million, exceeding the three-analyst average estimate of $462.06 million, but showing a year-over-year decline of -1.8% [4] - Active Lifestyle segment reported net revenues of $213.6 million, below the three-analyst average estimate of $222.17 million, with a year-over-year decline of -14.4% [4] - Golf Equipment segment achieved net revenues of $411.6 million, slightly above the average estimate of $405.65 million, with a year-over-year change of -0.5% [4] - Services segment reported net revenues of $481.4 million, surpassing the two-analyst average estimate of $458.45 million, with a year-over-year decline of -1.6% [4] - Products segment generated net revenues of $629.1 million, slightly below the two-analyst average estimate of $636.17 million, reflecting a year-over-year decline of -5.9% [4] Operating Income - Topgolf segment reported operating income of $55.4 million, significantly exceeding the three-analyst average estimate of $25.03 million [4] - Active Lifestyle segment achieved operating income of $20.5 million, surpassing the two-analyst average estimate of $9.55 million [4] - Golf Equipment segment reported operating income of $76.3 million, exceeding the average estimate of $64.45 million from two analysts [4] Stock Performance - Shares of Topgolf Callaway have returned +2.9% over the past month, outperforming the Zacks S&P 500 composite's +0.5% change, with a current Zacks Rank of 3 (Hold), indicating potential performance in line with the broader market [3]