Topgolf Callaway Brands (MODG) - 2025 Q3 - Earnings Call Presentation

November 6, 2025 Third Quarter 2025 Earnings Conference Call IMPORTANT NOTICES Forward-looking Statements. During the presentation, any comments made about future plans, events, financial results, performance, prospects, or growth opportunities, including statements relating to the Company's financial outlook (including, among others, Company, Topgolf and core business revenues, same venue sales, the Non-GAAP Projections (as defined below), and capital expenditures), our plans to pursue a separation of the ...