Callaway splits Topgolf off into separate business that will …
Sep 4, 2024 · Topgolf Callaway Brands announced on Wednesday that it plans to spin off its two primary brands, Callaway Golf and Topgolf, into two separate, independent companies.
Topgolf, Callaway to be split into separate companies by 2025
Sep 5, 2024 · Topgolf Callaway Brands, the company that owns Callaway Golf, Topgolf and several other brands, announced Wednesday that it will be separating its operations into two separate companies --...
TOPGOLF CALLAWAY BRANDS ANNOUNCES INTENT TO …
Sep 4, 2024 · Separation Will Create a Leading Golf Equipment and Active Lifestyle Company with Strong Free Cash Flow and the Category Leading, High-Growth, Pure-Play Venue-Based Golf Entertainment Business. Both Businesses Will Have Strong Balance Sheets, Positive Free Cash Flow and the Required Scale to be Leaders in Their Respective Markets.
Topgolf Callaway Brands to split into two independent …
Sep 4, 2024 · Topgolf Callaway Brands Corp. announced Wednesday that its board of directors intends to pursue the separation of its two primary businesses, Topgolf and Callaway, making them two independent...
Topgolf Callaway CEO Offers Update on Split of Company
2 days ago · Topgolf Callaway Brands announced that the company beat third-quarter revenue estimates because of an accelerated product sell-through on Tuesday after the market closed. That was the good news.
Topgolf Callaway spinoff: What does it mean? What happens …
Sep 5, 2024 · The Dallas-founded golf entertainment venue, which was purchased by the golf manufacturing giant Callaway back in 2021, is expected to now operate independently as a stand-alone company,...
Topgolf Callaway could look noticeably different next year
Sep 5, 2024 · Topgolf Callaway will move forward with a plan to separate the company in two. Three years after Topgolf and Callaway joined forces to create Topgolf Callaway, the two sides announced their...
Topgolf Callaway Brands Swings to 3Q Loss Amid Company Split
3 days ago · Topgolf sales rose 1.2% to $453.2, but these gains were offset by sales across the company's active-lifestyle apparel segment, which fell 11% to $266.2 million. Golf equipment sales were flat year ...
Topgolf Callaway Brands Intends to Split Into Two Companies
Sep 4, 2024 · The board of Topgolf Callaway Brands MODG 1.67% is splitting the company into two businesses, unwinding after less than four years a tie-up between the golf-club maker and driving-range...
TOPGOLF CALLAWAY BRANDS ANNOUNCES THIRD QUARTER …
2 days ago · The Company lowered full year 2024 revenue guidance to approximately $4.2 billion and Adjusted EBITDA to a range of $560 to $570 million. The Company maintained prior Topgolf revenue guidance of ...