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Topgolf Callaway Brands to Participate in Jefferies Virtual Fireside Chat
Prnewswire· 2025-11-24 23:50
Core Insights - Topgolf Callaway Brands Corp. will have its President and CEO Chip Brewer participate in a virtual fireside chat hosted by Jefferies analyst Randy Konik on November 25 at 9:00 a.m. PT [1] - An accompanying presentation deck will be available on the investor relations website prior to the event, with a replay accessible approximately two hours after the event concludes [2] - Topgolf Callaway Brands is a tech-enabled Modern Golf and active lifestyle company, offering golf equipment, apparel, and entertainment through a portfolio of global brands [3] Company Developments - The company has announced an agreement to sell a majority stake in its Topgolf business to Leonard Green & Partners [5] - Additionally, Topgolf Callaway Brands has extended its long-standing apparel license agreement with Perry Ellis International [6]
Topgolf Celebrates Milestone 100th U.S. Venue with Opening in New Braunfels on Dec. 5
Prnewswire· 2025-11-20 16:00
Core Points - Topgolf is set to open its 100th U.S. venue in New Braunfels, Texas, on December 5, 2025, marking a significant milestone for the company [1][5] - The new venue will feature 62 outdoor climate-controlled hitting bays across two levels, catering to both novice and experienced golfers [6] - To celebrate the opening, Topgolf is offering a chance to win one year of free gameplay for customers who make reservations during the opening period [2] Company Overview - Topgolf is a leader in modern golf entertainment, with over 100 venues in the U.S. and 112 globally, utilizing advanced Toptracer technology to enhance the golfing experience [1][8] - The company aims to create an inclusive environment where individuals of all skill levels can enjoy golf in a relaxed setting, complemented by a full-service bar and restaurant [6][7] - Topgolf's business model includes tech-driven games, a diverse food and drink menu, and spaces for hosting events, contributing to its appeal as a family-friendly entertainment destination [6][8] Community Impact - The opening of Topgolf in New Braunfels is expected to bring new jobs and economic benefits to the area, enhancing the local entertainment landscape along the I-35 corridor [7] - Local officials express confidence that the venue will positively impact the community and contribute to the ongoing development of the Creekside area [5][7]
TOPGOLF CALLAWAY BRANDS ANNOUNCES AN AGREEMENT TO SELL A MAJORITY STAKE IN ITS TOPGOLF BUSINESS TO LEONARD GREEN & PARTNERS
Prnewswire· 2025-11-18 11:30
Leonard Green to acquire a 60% interest in Topgolf with Topgolf Callaway Brands retaining a 40% stake Topgolf Callaway Brands to receive ~$770 million in net proceeds , /PRNewswire/ -- Topgolf Callaway Brands Corp. (the "Company" or "Topgolf Callaway Brands," "we," "our," "us") (NYSE: MODG) today announced that it has signed a definitive agreement to sell a 60% stake in its Topgolf and Toptracer business ("Topgolf") to private equity funds managed by Leonard Green & Partners, L.P. ("LGP"). The transaction ...
TOPGOLF CALLAWAY BRANDS ANNOUNCES EXTENSION OF LONG-STANDING CALLAWAY APPAREL LICENSE AGREEMENT WITH PERRY ELLIS INTERNATIONAL
Prnewswire· 2025-11-13 21:30
Core Points - Topgolf Callaway Brands Corp. has extended its licensing agreement with Perry Ellis International, Inc. for Callaway-branded golf and lifestyle apparel until December 31, 2032, ensuring a long-term partnership [2][3] - The amendment includes plans for a new premium Callaway Apparel line to be launched by 2028, highlighting the brand's commitment to innovation and quality [3][4] - The Callaway Apparel brand has experienced significant growth over the past five years, supported by a broad global distribution network across multiple regions [2][3] Company Overview - Topgolf Callaway Brands Corp. operates a diverse portfolio of brands, including Topgolf, Callaway Golf, and TravisMathew, focusing on both golf equipment and lifestyle products [4] - Perry Ellis International, Inc. is a major player in the apparel industry, offering a wide range of men's and women's clothing and accessories, including licensed golf apparel [5]
Topgolf Launches 'Holiday Help' Hotline for Failed Office Parties
Prnewswire· 2025-11-10 14:00
Core Insights - Topgolf is launching a campaign inviting individuals to share their worst office holiday party experiences for a chance to win a $2,500 event credit, aimed at enhancing holiday celebrations [1][3][5] Group 1: Campaign Details - The campaign runs until December 15, 2025, allowing participants to text "HOLIDAYHELP" to share their experiences anonymously [4][8] - 25 winners will receive a $2,500 credit for a Topgolf event, which includes food, drinks, and two hours of play, with bookings available until December 31, 2026 [5][6] Group 2: Market Context - Recent surveys indicate that approximately 64% of workers have either stopped attending company holiday parties or regret their past conduct at these events, highlighting a need for more engaging holiday experiences [3][6] - Topgolf aims to transform the traditional office holiday party experience by providing a fun and interactive environment, contrasting with typical dull gatherings [6][9] Group 3: Company Overview - Topgolf, a brand under Topgolf Callaway Brands Corp. (NYSE: MODG), operates over 100 venues globally, offering tech-driven games and a vibrant atmosphere for events [9][10] - The company focuses on creating inclusive and enjoyable experiences for all participants, regardless of their golfing skills [6][9]
Wisconsin, Get Ready to Play: Topgolf Breaks Ground on First Venue in the State
Prnewswire· 2025-10-16 15:30
Core Insights - Topgolf is set to open its first venue in Wisconsin, located in Monona, with construction already underway and an expected opening in fall 2026 [1][6]. Company Overview - Topgolf Callaway Brands Corp. operates over 100 venues globally, utilizing Toptracer technology to enhance the modern golf experience [4][5]. - The company focuses on creating a tech-driven, inclusive environment for both seasoned golfers and newcomers [6]. Venue Details - The Monona venue will feature 72 outdoor climate-controlled hitting bays across two levels, equipped with lounge-type furniture and high-top tables [6]. - The venue will employ approximately 200-250 staff members, referred to as "Playmakers" [6]. - It will include a full-service restaurant and bar, over 100 HDTVs, and year-round family-friendly programming [6]. Community Impact - The Mayor of Monona expressed enthusiasm for the venue, highlighting its potential as a recreational and entertainment hub that will contribute to the redevelopment of the area [6].
No Tricks, Just Swings: Topgolf Woodbury Opens Thursday, October 30, Ahead of Halloween
Prnewswire· 2025-10-16 12:00
Core Insights - Topgolf is set to open its second venue in Minnesota, located in Woodbury, on October 30, 2025, marking its 111th global outdoor venue [1][3]. Company Overview - Topgolf is a leader in modern golf entertainment, offering a unique experience that caters to both beginners and experienced players in a relaxed environment [7]. - The new Woodbury venue will feature 102 outdoor climate-controlled hitting bays across three levels, employing approximately 350-400 staff members [7]. - The venue will include a full-service bar and restaurant, advanced Toptracer technology for tracking golf ball metrics, and various entertainment options such as virtual courses and games [7]. Community Impact - The opening of Topgolf Woodbury is expected to attract visitors from the region, benefiting local businesses and creating job opportunities [7][8]. - Local officials, including the Mayor of Woodbury, have expressed excitement about the venue's potential to enhance recreational activities in the community [7]. Promotional Activities - To celebrate the opening, Topgolf is offering a chance to win one year of free gameplay for customers who make reservations between October 30 and November 13 [2].
Game On: Topgolf Brings Fun, Food and Play to Avon, Ohio, Friday, Sept. 19
Prnewswire· 2025-09-04 11:00
Core Insights - Topgolf is set to open a new venue in Avon, Ohio, on September 19, 2025, marking its fifth location in the state [1][2] - The new venue is strategically located approximately 20 miles west of downtown Cleveland, enhancing Topgolf's presence in the Northeast Ohio market [1][5] Company Overview - Topgolf is a brand under Topgolf Callaway Brands Corp. (NYSE: MODG), known for its tech-enabled modern golf experiences and entertainment [8][9] - The company operates over 100 venues globally, utilizing industry-leading Toptracer technology to enhance the golfing experience [8][9] Venue Features - Topgolf Avon will feature 64 outdoor climate-controlled hitting bays across two levels, equipped with lounge-type furniture and high-top tables [6] - The venue will employ approximately 200 staff members, referred to as "Playmakers," who will provide various services [6] - Topgolf Avon will include a full-service restaurant and bar, a private event space, and a 22-foot video wall, along with over 100 HDTVs and year-round family-friendly programming [6] Community Impact - Local officials, including Avon Mayor Bryan Jensen, express excitement about Topgolf's arrival, highlighting its potential to provide a unique experience for residents and visitors [5] - The venue is expected to contribute to the local economy and enhance the entertainment options available in the growing city of Avon [5]
TOPGOLF KICKS OFF ULTIMATE FOOTBALL EXPERIENCE THIS FALL
Prnewswire· 2025-09-03 11:00
Core Insights - Topgolf is enhancing the football season experience with new games and food offerings, aiming to create memorable moments for players and fans [1][2] Group 1: New Game Introduction - The Topgolf Field Goal Challenge is a new game that tests players' swings and aims, featuring two play modes: Free Play and The Challenge [2] - In Free Play, players can choose from five different distances, while The Challenge mode allows each player 10 shots to score five balls through digital goal posts [2][3] Group 2: Venue Experience - Topgolf has 51 locations nationwide equipped with real field goal posts for an immersive experience [3] - The company offers various game day packages, including a Tailgate Package for two side-by-side bays with food and drinks, available starting September 2 [6] Group 3: Food and Beverage Offerings - Topgolf is introducing a customizable food and drink bundle called the Pepsi® Kickoff Combo, priced between $24.99 and $29.99 [4] - New menu items include Touchdown Dill Dip ($9.79-$10.99), Kickin' Popper Dip ($10.79-$12.49), Buffalo Chicken Potato Skins ($11.29-$12.99), Swicy Peach Pork Sliders ($13.99-$15.79), and Fiesta Nachos ($11.99-$13.99) [4] Group 4: Pricing and Promotions - Sunday Funday pricing during the football season ranges from $30 to $40 per hour, translating to $5 to $7 per person, depending on the venue [6] - Additional promotions include Half-Off Golf from Monday to Thursday [6] Group 5: Company Overview - Topgolf is a brand under Topgolf Callaway Brands Corp. (NYSE: MODG), which operates over 100 venues globally and utilizes Toptracer technology [6][8] - The company focuses on creating a tech-driven, inclusive golf experience that caters to both on-course and off-course activities [8]
Construction Efforts Underway in Parsippany as Topgolf Breaks Ground
Prnewswire· 2025-06-05 15:00
Core Insights - Topgolf has broken ground on a new three-level venue in Parsippany, New Jersey, expected to open in summer 2026, marking its third location in the state [1][5] - The new venue will feature 102 outdoor climate-controlled hitting bays, equipped with Toptracer technology, and will employ approximately 350-400 staff members [5] Company Overview - Topgolf is a brand under Topgolf Callaway Brands Corp. (NYSE: MODG), known for its tech-driven modern golf experiences and a variety of entertainment options [4][5] - The company operates over 100 venues globally, offering a mix of golf, dining, and entertainment in a relaxed environment [4][5] Venue Features - The Parsippany location will include a full-service restaurant and bar, over 140 HDTVs, fire pits, and year-round family-friendly programming [5] - A private event space and rooftop terrace will be available for various gatherings, enhancing the venue's appeal for social events [5] Community Impact - Local officials express enthusiasm for Topgolf's arrival, highlighting its potential to boost the local economy and create jobs [5] - The venue is expected to enhance Parsippany's entertainment offerings and contribute to community growth [5]