Callaway/$MODG

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About Callaway

Topgolf Callaway Brands Corp is a modern golf and active lifestyle company that provides world-class golf entertainment experiences, designs and manufactures premium golf equipment, and sells golf and active lifestyle apparel and other accessories through brands such as, Topgolf, Callaway Golf, Odyssey, TravisMathew, Jack Wolfskin, OGIO and Toptracer. The company's reportable segments are; Topgolf, Golf Equipment and Active Lifestyle. Majority of the revenue is generated from its Topgolf segment which is predominantly comprised of service revenues and expenses from the company operated Topgolf venues, Toptracer ball-flight tracking technology, and WGT digital golf game. Geographically, majority of the revenue for the company is derived from United States.

Ticker

$MODG

Primary listing

NYSE

Employees

30,000

Callaway Metrics

BasicAdvanced
$1.6B
-
-$8.15
1.26
-

What the Analysts think about Callaway

Analyst ratings (Buy, Hold, Sell) for Callaway stock.

Bulls say / Bears say

In Q2 2025, consolidated net revenue reached $1.11 billion, surpassing expectations and prompting the company to raise its full-year 2025 revenue outlook for its ongoing businesses.
The sale of Jack Wolfskin, completed on May 31, 2025, lifted available liquidity 48% year-over-year to over $1.1 billion, strengthening the balance sheet ahead of the planned spin-off.
Non-GAAP income from operations increased 20.9% in Q1 2025 to $160.9 million, driven by higher margins in the Golf Equipment and Active Lifestyle divisions.
Topgolf same‐venue sales fell 6% in Q2 2025, with revenue from the segment dropping by $9.1 million to $485.3 million, highlighting ongoing weakness in its core entertainment business.
Active Lifestyle segment revenue declined 14.4% in Q2 2025 to $213.6 million, due to the Jack Wolfskin divestiture and typical seasonal losses, pointing to continued volatility in apparel and accessory sales.
Topgolf CEO Artie Starrs resigned on July 31, 2025, ahead of the planned spin-off, likely pushing the separation into 2026 and introducing governance and execution risks.
Data summarised monthly by Lightyear AI. Last updated on 2 Oct 2025.

Callaway Financial Performance

Revenues and expenses
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$37B
-39.75%
Net income
$45B
107.52%
Profit margin
37.65%
6.78%

Callaway Earnings Performance

Company profitability
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
$3.69
$2.85
$2.45
$2.42
-
Expected
$3.55
$2.61
$2.05
$2.31
$3.94
Surprise
3.94%
9.20%
19.51%
4.63%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.

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