Topgolf Callaway Brands reported better-than-expected second-quarter 2025 results, with consolidated net revenue of $1,110.5 million and Adjusted EBITDA of $195.8 million both surpassing expectations. The company's golf equipment business showed continued consumer strength, and Topgolf's value initiatives significantly improved traffic and sales trends. The sale of Jack Wolfskin further strengthened available liquidity to over $1.1 billion, and the company raised its full-year 2025 financial outlook for its continuing businesses.

Topgolf Callaway Brands reported first quarter 2025 results with consolidated net revenue of $1,092.3 million, a decrease of 4.5% year-over-year. GAAP net income was $2.1 million, down significantly from the prior year, while non-GAAP net income increased to $20.3 million. Adjusted EBITDA saw a modest increase of 4.0%. The company reaffirmed its full-year guidance, subject to the pending sale of the Jack Wolfskin business.

Topgolf Callaway Brands Corp. experienced a mixed Q4 2024, with net revenue growing 3.0% to $924.4 million, driven by strong performance in Golf Equipment. However, the company reported a substantial GAAP net loss of $1,512.7 million due to a $1,452.0 million non-cash impairment charge related to Topgolf's goodwill and intangible assets. Despite this, Adjusted EBITDA saw a significant 45% increase to $101.4 million, outperforming guidance.

Topgolf Callaway Brands announced Q3 2024 results that exceeded expectations, driven by strong venue profitability at Topgolf and Callaway's leading position in golf clubs and balls. The company reaffirmed its expectation for full year positive Adjusted Free Cash Flow for the total Company and Topgolf.

Topgolf Callaway Brands reported a decrease in consolidated revenues by 1.9% year-over-year, but Q2 Net Income of $62 million, Non-GAAP Net Income of $83 million, and Adjusted EBITDA of $206 million exceeded expectations. The company is conducting a strategic review of Topgolf, exploring options to enhance shareholder value, including organic growth strategies and a potential spin-off.

Topgolf Callaway Brands reported Q1 2024 revenue of $1.144 billion, which was in line with expectations. Net income was $7 million, and non-GAAP net income was $16 million, both exceeding expectations. The company reaffirmed its full-year Adjusted EBITDA guidance and increased its full-year earnings per share and cash generation outlook.

Topgolf Callaway Brands reported a 5.4% increase in net revenues for Q4 2023, driven by growth across all operating segments. The company's Adjusted EBITDA nearly doubled, and it achieved positive free cash flow on both a consolidated basis and at Topgolf.

Topgolf Callaway Brands Corp. announced its financial results for the third quarter ended September 30, 2023. Net revenues grew 5.3%, driven by Topgolf and Active Lifestyle. Income from operations increased 8.2% on a GAAP basis. The company is lowering its forward guidance and taking decisive action to lower costs and capital expenditures.

Topgolf Callaway Brands Corp. reported strong Q2 results with net revenues growing by 5.7% and Topgolf's revenue increasing by 16.6%. The company reaffirms its full year 2023 revenue and Adjusted EBITDA guidance and remains on track to be free cash flow positive in 2023.

Topgolf Callaway Brands reported better-than-expected financial results for the first quarter of 2023. Net revenues increased by 12.2%, driven by growth in Topgolf and Active Lifestyle segments. The company remains on track to be free cash flow positive by the end of the year and has increased its full-year revenue and Adjusted EBITDA guidance.

Topgolf Callaway Brands Corp. announced strong Q4 2022 results with a 19.6% increase in revenue year-over-year to $851.3 million. The company reported a net loss of $72.7 million, or $50.8 million on a non-GAAP basis. Adjusted EBITDA increased 155.9% to $36.6 million.

Topgolf Callaway Brands Corp. reported a 15.4% increase in consolidated net revenues to $988.5 million for Q3 2022. GAAP net income increased by 340.6% to $38.5 million, and Adjusted EBITDA increased by 4.0% to $144.4 million.

Callaway Golf Company reported a revenue increase of 22.1% to $1,115.7 million in Q2 2022, driven by strong demand across all segments. GAAP net income was $105.4 million, and non-GAAP net income was $93.5 million. The company raised its full year 2022 revenue outlook to $3,945 million - $3,970 million and Adjusted EBITDA outlook to $555 million - $565 million.

Callaway Golf Company announced record first quarter 2022 results with consolidated net revenues increasing by $388.6 million (+59.6% compared to Q1 2021) to $1,040.2 million. GAAP net income was $86.7 million and non-GAAP net income was $70.9 million. The company increased its full year 2022 revenue outlook to $3,935 million - $3,970 million and Adjusted EBITDA outlook to $535 million - $555 million.

Callaway Golf Company reported a strong fourth quarter, driven by Topgolf's performance and momentum in apparel and golf equipment. Consolidated net revenue increased by 90% compared to Q4 2020, reaching $712 million. However, the company experienced a GAAP net loss of $26 million and a non-GAAP net loss of $35 million for the quarter.

Callaway Golf Company reported a consolidated net revenue increase of $381 million (+80%) to $856 million for Q3 2021. The company experienced a GAAP net loss of $(16) million, but a non-GAAP net income of $26 million. Adjusted EBITDA increased by $51 million (+57%) to $139 million.

Callaway Golf Company reported record financial results for Q2 2021, with consolidated net revenue increasing by $617 million (+208%) to $914 million. The company's performance was driven by higher-than-expected strength across the Golf Equipment and Apparel, Gear & Other segments, as well as contributions from Topgolf, which merged with the Company in March 2021. Q2 2021 net income was $92 million on a GAAP basis, and Adjusted EBITDA increased $135 million (+464%) to $164 million.

Callaway Golf Company reported record first-quarter financial results, with a 47% increase in net revenue to $652 million and a significant rise in net income to $272 million, boosted by the Topgolf acquisition and strong performance across its golf equipment and apparel segments.

Callaway Golf Company announced record net sales for the fourth quarter of 2020, with a 20% increase compared to the same period in 2019. The increase was driven by high demand for golf equipment and a quicker than expected recovery in soft goods business.

Callaway Golf Company reported a record third quarter with net sales of $476 million, a 12% increase compared to the third quarter of 2019, and net income of $52 million, a 69% increase compared to the same period in 2019. The increase was driven by a 27% increase in the Golf Equipment Segment and a faster-than-expected recovery in the soft goods segment.

Callaway Golf Company reported a decrease in net sales for Q2 2020 due to the COVID-19 pandemic, with a net sales of $297 million, a 34% decrease compared to Q2 2019. The company experienced a net loss of $168 million, which included a $174 million pre-tax non-cash impairment charge related to Jack Wolfskin. However, June sales showed a strong recovery, with an 8% increase overall and a 21% increase in the golf equipment business. Non-GAAP net income was $5 million, and non-GAAP earnings per share was $0.06.

Callaway Golf Company reported a decrease in net sales by $74 million to $442 million for the first quarter of 2020, compared to $516 million for the same period in 2019. The decrease reflects the negative impact of the COVID-19 pandemic. Despite the challenges, the company remained profitable and saw increased sales in Japan, Korea, and the TravisMathew business.

Callaway Golf Company announced record full year 2019 net sales of $1,701 million, a 37% increase compared to 2018. The company also provided financial guidance for 2020, estimating net sales growth of approximately 3% - 5%.