Profile
Sector:
Consumer CyclicalIndustry:
LeisureCountry:
United StatesIPO:
28 February 1992Next earnings report:
08 November 2024Last dividends:
26 May 2020Next dividends:
N/APrice
pre-market | 85 min agoDividend
Analysts recommendations
Institutional Ownership
MODG Latest News
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
CARLSBAD, Calif. , Oct. 29, 2024 /PRNewswire/ -- Topgolf Callaway Brands (NYSE: MODG) ("Topgolf Callaway Brands" or the "Company") is pleased to announce the release of its 2022-2023 Sustainability Report, demonstrating the progress made since its inaugural report.
The long-awaited venue will be located at 427 Creekside Way DALLAS , Oct. 21, 2024 /PRNewswire/ -- Topgolf announced today it broke ground on a two-level venue located in New Braunfels Town Center at Creekside, a 400+ acre master-planned mixed-use development. The new venue is set to open in late 2025.
The average of price targets set by Wall Street analysts indicates a potential upside of 57.4% in Topgolf Callaway (MODG). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
MODG stock to benefit from further enhancing its digital capabilities by launching the Topgolf Shop website.
The website features golf clubs, balls and accessories for beginner golfers DALLAS , Oct. 3, 2024 /PRNewswire/ -- Topgolf and Topgolf Callaway Brands Corp. (NYSE: MODG) announced today the launch of golf equipment website, Topgolf Shop , geared toward providing beginners and off-course Players with a simple way to purchase entry-level golf equipment. The site marries Topgolf Callaway Brands' expertise in golf equipment with Topgolf's commitment to making the game more accessible and fun for beginner golfers.
The split of Topgolf and Callaway is expected to maximize shareholder value by allowing each brand to focus on their core business models independently. Topgolf's capital-intensive nature has been a drag on Callaway, making the separation beneficial for both entities to operate more efficiently. The combined entity trades at a deep value of 0.52x forward book value, presenting a 92.3% upside if shares converge to 1x book value.
Topgolf inks a deal with Golf Saudi to expand its presence and elevate golf in Saudi Arabia.
CARLSBAD, Calif. , Sept. 19, 2024 /PRNewswire/ -- Topgolf Callaway Brands Corp. (NYSE: MODG) continues its global expansion by entering into a multiyear agreement with Golf Saudi Entertainment, LLC ("Golf Saudi"), to bring Topgolf Callaway Brands' family of brands, including Topgolf, Callaway, TravisMathew, Odyssey and Ogio, to Saudi Arabia.
What type of business is Topgolf Callaway Brands?
Topgolf Callaway Brands Corp. designs, manufactures, and sells golf equipment, golf and lifestyle apparel, and other accessories in the United States, Europe, Asia, and Internationally. The Topgolf segment operates Topgolf venues equipped with technology-enabled hitting bays, bars, dining areas, and event spaces, as well as Toptracer ball-flight tracking technology; and World Golf Tour digital golf game. The Golf Equipment segment provides drivers, fairway woods, hybrids, irons, wedges and packaged sets, putters, and pre-owned golf clubs under the Callaway and Odyssey brands, as well as golf balls under the Callaway Golf and Strata brands. The Active Lifestyle segment offers golf apparel and footwear; golf accessories, including golf bags, golf gloves, headwear, and practice aids under the Callaway brand; golf and lifestyle apparel, hats, luggage, and accessories under the TravisMathew brand; and footwear, belts, hats, facemasks, sunglasses, socks, and underwear under the Cuater by TravisMathew brand. This segment also provides storage and travel gear for sport and personal use, such as backpacks; travel, duffel, and golf bags; and storage gear accessories, as well as outerwear, headwear, and accessories under the OGIO brand. In addition, it offers outdoor apparel comprising jackets, trousers, dresses, skirts, and tops; and footwear and outdoor equipment, including packs and bags, travel bags, tents, sleeping bags, and accessories under the Jack Wolfskin brand. The company sells its products through golf retailers, sporting goods retailers, online retailers, mass merchants, department stores, third-party distributors, and mail order stores, as well as directly to consumers through its retail stores and websites. The company was formerly known as Callaway Golf Company and changed its name to Topgolf Callaway Brands Corp. in September 2022. Topgolf Callaway Brands Corp. was incorporated in 1982 and is headquartered in Carlsbad, California.
What sector is Topgolf Callaway Brands in?
Topgolf Callaway Brands is in the Consumer Cyclical sector
What industry is Topgolf Callaway Brands in?
Topgolf Callaway Brands is in the Leisure industry
What country is Topgolf Callaway Brands from?
Topgolf Callaway Brands is headquartered in United States
When did Topgolf Callaway Brands go public?
Topgolf Callaway Brands initial public offering (IPO) was on 28 February 1992
What is Topgolf Callaway Brands website?
https://www.topgolfcallawaybrands.com
Is Topgolf Callaway Brands in the S&P 500?
No, Topgolf Callaway Brands is not included in the S&P 500 index
Is Topgolf Callaway Brands in the NASDAQ 100?
No, Topgolf Callaway Brands is not included in the NASDAQ 100 index
Is Topgolf Callaway Brands in the Dow Jones?
No, Topgolf Callaway Brands is not included in the Dow Jones index
When was Topgolf Callaway Brands the previous earnings report?
No data
When does Topgolf Callaway Brands earnings report?
The next expected earnings date for Topgolf Callaway Brands is 08 November 2024