Core Viewpoint - The article emphasizes the importance of value investing as a successful strategy across various market conditions, highlighting the use of fundamental analysis to identify undervalued companies [2]. Group 1: Investment Strategy - Value investing is a popular stock market trend that focuses on identifying companies believed to be undervalued based on fundamental metrics [2]. - The Zacks Rank system, which emphasizes earnings estimates and revisions, is complemented by the Style Scores system to help investors find stocks with specific traits, particularly in the "Value" category [3]. Group 2: Company Analysis - TOPGOLF CALLAWAY (MODG) is identified as a strong value stock, currently holding a Zacks Rank of 1 (Strong Buy) and an A grade for Value [3]. - MODG has a price-to-sales (P/S) ratio of 0.49, which is lower than the industry average P/S of 0.78, indicating potential undervaluation [4]. - The combination of MODG's favorable P/S ratio and strong earnings outlook suggests it is an impressive value stock at present [5].

Core Insights - Newton Golf Company reported its largest revenue quarter in history with a 113% year-over-year revenue growth, achieving $2.58 million in Q3 2025 compared to $1.21 million in Q3 2024 [1][5] - The company reaffirmed its full-year revenue guidance of $7 million to $7.5 million, indicating over 100% growth year-over-year [5][12] Financial Performance - Q3 2025 revenue reached $2.58 million, a 113% increase from $1.21 million in Q3 2024 [5] - Gross profit for Q3 2025 was $1.73 million, up 115% year-over-year, maintaining a gross margin of 67% [5][9] - For the first nine months of 2025, revenue was $5.86 million, a 147% increase from $2.37 million in the prior year period [5] - Net loss for Q3 2025 was $1.58 million, compared to a net loss of $1.06 million in Q3 2024 [5] Market and Product Development - The company launched a dedicated Japanese e-commerce site in October 2025, targeting a market with approximately 11.4 million active golfers [7] - More than 60 professionals across major golf tours are using Newton shafts, enhancing brand credibility and consumer demand [6] - Fast Motion, a product line, experienced over 300% sales growth from Q2 2025 to Q3 2025 [6] Strategic Initiatives - The company is focused on expanding its tour presence, scaling professional club fitter and retail coverage, and deepening OEM engagement [7][10] - Discussions for OEM integration with major club manufacturers are underway, with three new premium shaft lines planned for launch in 2026 [11] - The golf equipment market is projected to grow at approximately 5% annually through 2030, with Newton positioned to benefit from this growth [11]

Core Viewpoint - Newton Golf Company is set to host a webcast and investor Q&A session to discuss its third quarter 2025 financial results, highlighting its focus on performance-driven innovation in golf equipment [1][2]. Group 1: Webcast Details - The webcast is scheduled for Thursday, Nov. 13, 2025, at 4:30 p.m. ET, featuring discussions led by the CEO and CFO on the company's recent performance and future outlook [2]. - Participants can register for the webcast through a provided link and are encouraged to submit questions in advance [2][3]. - A replay of the webcast will be available on the company's investor relations website shortly after the event [3]. Group 2: Company Overview - Newton Golf, formerly known as Sacks Parente, emphasizes innovation in golf equipment design by applying principles of physics to enhance performance [5]. - The company offers precision-engineered products, including Newton Motion shafts and Gravity putters, aimed at improving golfers' consistency and accuracy [5]. Group 3: Investor Engagement - Investors can stay updated on company news and strategic developments by signing up for alerts through the investor relations website [4]. - The company encourages direct communication with its investor relations team for any inquiries [6].

Financial Data and Key Metrics Changes - Consolidated revenues for Q3 2025 were $934 million, a 3% increase year-over-year, driven by growth in both Topgolf and golf equipment segments [23][24] - Q3 adjusted EBITDA was $115 million, a decrease of $4 million year-over-year, primarily due to $12 million in incremental tariffs [23][24] - Net debt decreased to $2.23 billion from $2.54 billion year-over-year, attributed to increased cash [25][26] Business Line Data and Key Metrics Changes - Golf equipment segment revenue increased 4% year-over-year to $305 million, with golf clubs up 4% and golf balls up 6% [24] - Active lifestyle segment revenue was approximately flat at $156 million, with operating income down due to tariffs [12][24] - Topgolf revenue increased 4% to $472 million, driven by the addition of six new venues and a 1% increase in same-venue sales [24][27] Market Data and Key Metrics Changes - The US golf market is up 2% year-to-date, with mid-single-digit growth in sell-through reports [7][8] - Participation in golf remains strong, with rounds played up 1.4% year-to-date [8] - Market share in golf balls reached an all-time high of 22.6% in August across both on- and off-course channels [8] Company Strategy and Development Direction - The company is focused on delivering "demonstrably superior and pleasingly different" products to enhance pricing power and market share [10][14] - Continued emphasis on value initiatives at Topgolf, including new pricing strategies and marketing optimization [15][16] - The company is committed to the separation of Topgolf and is actively evaluating strategic alternatives [20][62] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the strategic direction and raised full-year guidance based on strong Q3 performance [5][20] - The company anticipates ongoing challenges from tariffs but is implementing cost management initiatives to mitigate impacts [13][31] - Positive trends in consumer engagement and traffic growth at Topgolf are expected to continue into Q4 [15][60] Other Important Information - The company implemented a reduction in force of about 300 positions to manage costs effectively [13] - New venues for Topgolf are on track, with four openings planned for the year [19] - The company is optimistic about the impact of new technology and innovations on product performance [9][10] Q&A Session Summary Question: Pricing power on golf equipment due to strong demand - Management indicated that pricing power is dependent on product differentiation and will consider strategic pricing adjustments to mitigate tariff impacts [34][36] Question: Trends in Topgolf visitation and food and beverage sales - Management reported strong traffic growth and positive trends in food and beverage sales, driven by new offerings and value initiatives [37][41] Question: Sell-through trends and consumer behavior changes - Management noted strong sell-through trends and consumer engagement, with a positive outlook for the golf segment [44][46] Question: Visibility on corporate event bookings for Q4 - Management has reasonable visibility on corporate event bookings, with over half booked 30 days out [76] Question: Update on CEO search and its impact on separation timing - Management is encouraged by the quality of candidates for the CEO position and is confident in the existing team's performance during the transition [88][90] Question: Expectations for tariffs in 2026 - Management indicated that if current tariff rates hold, the impact could be more than double that of 2025 [90]

Accessibility StatementSkip Navigation RAISES FULL YEAR 2025 GUIDANCE HIGHLIGHTS CARLSBAD, Calif., Nov. 6, 2025 /PRNewswire/ -- Topgolf Callaway Brands Corp. (the "Company" or "Topgolf Callaway Brands," "we," "our," "us") (NYSE: MODG) announced its financial results for the third quarter ended September 30, 2025. "We are pleased with our third quarter results, with both revenue and Adjusted EBITDA exceeding our expectations," commented Chip Brewer, President and Chief Executive Officer of Topgolf Callaway B ...

Third Quarter 2025 Earnings Call November 5, 2025 NON-GAAP FINANCIAL MEASURES DISCLAIMERS This presentation includes certain financial measures not presented in accordance with generally accepted accounting principles ("GAAP") such as Adjusted EBITDA, Adjusted EBITDA margin, net leverage ratio and net sales in constant currency. These non-GAAP financial measures are not measures of financial performance derived in accordance with GAAP and may exclude items that are significant to understanding and assessing ...

Core Insights - Newton Golf Company has announced an At-the-Market (ATM) equity offering agreement to raise up to US$10 million in common stock, with Kingswood U.S. acting as the sales agent [1][3] - The capital raised will support production, retail and tour channel expansion, and ongoing innovation in golf equipment, particularly in shafts and putters [1][3][4] Company Overview - Newton Golf is a technology-driven golf equipment company specializing in high-performance shafts and putters, with recent product releases including the Newton Fast Motion shaft line designed to enhance swing speed while maintaining control [2][8] - The company has expanded its product line from putters to performance shafts, including the Newton Motion and Fast Motion families, which are engineered for higher swing speed and stability [3][8] Financial Strategy - Under the ATM program, Newton Golf can sell newly issued shares at prevailing market prices, allowing for efficient access to growth capital while aligning with market liquidity [3] - The capital raised is intended to support retail sell-through, fitter network expansion, and tour adoption, indicating a focus on increasing market presence and sales [3][5] Market Engagement - Newton Golf has showcased its new shafts and putters at major industry events, enhancing engagement with fitters and retailers, which is expected to lead to faster inventory turns and wider distribution [4] - The company is gaining traction in the market, supported by growing media coverage and ongoing product releases [4][5]

Core Insights - The launch of a dedicated Japanese e-commerce site, www.newtongolf.jp, marks a significant milestone in Newton Golf's international expansion strategy [1][2][3] - The new platform aims to meet the growing demand for golf equipment in Japan, which is the world's second-largest golf market [3] - The site will feature Newton's advanced performance technologies, enhancing the customer experience for golfers in Japan [3][4] Company Strategy - The launch aligns with Newton Golf's strategic focus on increasing its international direct-to-consumer (DTC) presence [3] - The company aims to strengthen engagement with golfers worldwide and reinforce its position as a leader in science-driven golf innovation [3] Market Context - Golf participation is on the rise in Japan, providing a favorable environment for Newton Golf's product offerings [2] - The new platform allows golfers in Japan to access Newton's technology-driven innovations designed for performance, precision, and consistency [2]

Core Insights - Newton Golf Company is participating in an educational program with World Long Drive to inspire students through the science of golf [1][2][6] - The initiative combines live competition, classroom learning, and hands-on demonstrations to illustrate physics principles in athletic performance [2][3] Company Overview - Newton Golf Company (NASDAQ: NWTG) focuses on technology-driven golf products, utilizing physics-based engineering and U.S. manufacturing [8] - The product portfolio includes premium shafts, putters, grips, and accessories for golfers of all levels, with all products made in the USA [8] Educational Initiative - The program aims to connect classroom learning with real-world applications in golf, emphasizing concepts like velocity, torque, and energy transfer [3][6] - Long Drive athletes participated in demonstrations showcasing the application of physics in achieving elite performance [4][5] Recent Performance - Newton Golf had a successful showing at the 2025 World Long Drive Championships, with athletes using Newton Motion™ shafts achieving strong results [5] - The company's technology is gaining traction among professionals for its ability to enhance distance and consistency in performance [5][6] Future Plans - Newton Golf plans to expand its STEM-driven educational program in partnership with World Long Drive, targeting schools and communities nationwide in 2026 [6]

Core Insights - Newton Golf Company is participating in an educational program with World Long Drive to inspire students through the science of golf [1][2][6] - The initiative combines live competition, classroom learning, and hands-on demonstrations to illustrate physics principles in athletic performance [2][3] - The company's technology, particularly the Newton Motion™ shafts, is gaining traction among professionals for enhancing performance [5][6] Company Overview - Newton Golf Company (NASDAQ: NWTG) focuses on advancing golf through physics-based engineering and U.S. manufacturing [8] - The product portfolio includes premium shafts, putters, grips, and accessories designed for golfers of all levels [8] - The manufacturing facility in St. Joseph, Missouri, ensures high-quality control with all products made in the USA [8] Educational Initiative - The program aims to connect classroom concepts like velocity and energy transfer to real-world applications in golf [3][6] - Long Drive athletes participated in demonstrations showcasing the application of physics in achieving elite performance [4][5] - The company plans to expand this STEM-driven educational initiative to reach more schools and communities nationwide in 2026 [6]