AAPL 213.49 1.8171% MSFT 388.56 2.5847% NVDA 121.67 5.2691% GOOGL 165.49 1.6773% GOOG 167.62 1.7544% AMZN 197.95 2.094% META 607.6 2.963% AVGO 195.54 2.1844% LLY 813.48 1.4757% TSLA 249.98 3.8641% TSM 174.09 1.457% V 331.8 0.9892% JPM 232.44 3.2195% UNH 488.65 1.4807% NVO 77.15 1.6603% WMT 85.35 1.0059% LVMUY 132.18 1.865% XOM 111.9 2.9723% LVMHF 662.0 1.0687% MA 527.64 1.5024%
AAPL 213.49 1.8171% MSFT 388.56 2.5847% NVDA 121.67 5.2691% GOOGL 165.49 1.6773% GOOG 167.62 1.7544% AMZN 197.95 2.094% META 607.6 2.963% AVGO 195.54 2.1844% LLY 813.48 1.4757% TSLA 249.98 3.8641% TSM 174.09 1.457% V 331.8 0.9892% JPM 232.44 3.2195% UNH 488.65 1.4807% NVO 77.15 1.6603% WMT 85.35 1.0059% LVMUY 132.18 1.865% XOM 111.9 2.9723% LVMHF 662.0 1.0687% MA 527.64 1.5024%

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Topgolf (NYSE:MODG) Forecasts USD 4Bn in 2024 Revenues, Eyes EBITDA Between USD 560-570M

Image source: Shutterstock

Highlights

Topgolf Callaway Brands Corp. (NYSE:MODG) is an American global sports equipment manufacturing company.

In the third quarter of the financial year 2024 (Q3FY24), Topgolf’s net sales decreased by 2.7% YoY to USD 1,012.9 million. It was primarily due to an 11.1% drop in revenue from the Active Lifestyle Segment, which fell by USD 33.3 million to USD 266.2 million, driven by lower European wholesale revenue at Jack Wolfskin.

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