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

Sat 08 Feb 25, 03:25 AM | Team Kalkine

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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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