Topgolf Callaway Brands (MODG) - 2023 Q1 - Earnings Call Presentation

For forward-looking Adjusted EBITDA, earnings per share, Segment Adjusted EBITDA, non-GAAP diluted earnings per share, Adjusted EBITDAR, 4-Wall Adjusted EBITDAR margin, return on gross investment and cash-on-cash return information (collectively, the "Non-GAAP Projections") provided in this presentation, reconciliation of such Non-GAAP Projections to the most closely comparable GAAP financial measure is not provided because the Company is unable to provide such reconciliation without unreasonable efforts. T ...