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Topgolf Callaway (NYSE:MODG) Faces Net Loss in FY24, Forecasts Decreased Revenues and EBITDA in 2025

Mon 24 Mar 25, 04:35 AM | Team Kalkine

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Highlights

Topgolf Callaway Brands Corp. (NYSE:MODG) is a dynamic golf and active lifestyle company offering a variety of products and experiences. Its family of brands includes Odyssey, Jack Wolfskin, Callaway Golf, World Golf Tour, Topgolf, TravisMathew, Toptracer, OGIO, and others, providing golf equipment, apparel, and entertainment experiences.

For the financial year 2024 (FY24), Topgolf reported total revenue of USD 4,239.3 million, a 29.1% increase from FY23’s USD 3,284.8 million, primarily driven by new venues, though partially offset by a decline in same venue sales.

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