Are Consumer Discretionary Stocks Lagging TOPGOLF CALLAWY (MODG) This Year?

Group 1: Company Performance - Topgolf Callaway Brands (MODG) has returned approximately 46.7% since the start of the calendar year, significantly outperforming the average return of 2.7% for the Consumer Discretionary sector [4] - The Zacks Consensus Estimate for MODG's full-year earnings has increased by 57.6% over the past quarter, indicating improving analyst sentiment and a positive earnings outlook [3] - Topgolf Callaway Brands holds a Zacks Rank of 1 (Strong Buy), suggesting strong potential for future performance [3] Group 2: Industry Context - Topgolf Callaway Brands is part of the Leisure and Recreation Products industry, which includes 24 individual stocks and currently ranks 92 in the Zacks Industry Rank, with an average gain of 2.3% this year [5] - In contrast, Sphere Entertainment, another outperforming stock in the Consumer Discretionary sector, belongs to the Media Conglomerates industry, which ranks 187 and has declined by 0.8% year to date [6] - The Consumer Discretionary group is currently ranked 12 within the Zacks Sector Rank, which evaluates 16 different sector groups [2]