Topgolf Callaway Brands Corp. logo MODG - Topgolf Callaway Brands Corp.

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Price: -- -- | CONSENSUS: Buy DETAILS
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HOLD 10
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| PRICE TARGET: $16.00 DETAILS
HIGH: $17.00
LOW: $15.00
MEDIAN: $16.00
CONSENSUS: $16.00
UPSIDE: 8.99%

About Topgolf Callaway Brands Corp. (https://www.callawaygolf.com)

Topgolf Callaway Brands Corp., founded in 1982 and based in Carlsbad, California, is a global entity dedicated to the creation, production, and distribution of golf equipment, golf and lifestyle clothing, and various related accessories. The corporation, formerly known as Callaway Golf Company, adopted its current name in September 2022. Its business activities are structured across three primary segments: Topgolf, Golf Equipment, and Apparel, Gear and Other. The Topgolf segment is responsible for managing its network of Topgolf entertainment venues. These facilities feature cutting-edge, technology-enabled hitting bays, complete with several bars, dining options, and spaces for events. This division also incorporates the Toptracer ball-flight tracking system and the World Golf Tour digital golf game. Within the Golf Equipment segment, the company provides a comprehensive selection of golf clubs, ranging from drivers, fairway woods, hybrids, and irons to wedges, packaged sets, and putters, alongside pre-owned clubs, mainly under the Callaway and Odyssey brands. It also offers golf balls branded as Callaway Golf and Strata. The Apparel, Gear and Other segment comprises a varied collection of brands. The Callaway brand offers golf apparel, footwear, and accessories such as golf bags, gloves, headwear, and practice aids. TravisMathew provides both golf and lifestyle apparel, hats, luggage, a variety of accessories, footwear, belts, facemasks, sunglasses, socks, and underwear. For storage solutions, the OGIO brand supplies backpacks; travel, duffel, and golf bags; and related accessories, outerwear, and headwear. Additionally, the Jack Wolfskin brand focuses on outdoor apparel, including jackets, trousers, dresses, skirts, and tops, as well as outdoor footwear and gear like packs, bags, travel bags, tents, sleeping bags, and other accessories. The company's offerings are distributed through an extensive network of sales channels, including specialized golf retailers, sporting goods outlets, e-commerce sites, large mass market stores, department stores, independent third-party distributors, mail order services, and direct sales via its own websites. Its market presence spans the United States and extends to roughly 120 other countries worldwide.

Key Executives

NAME TITLE DOB SALARY
Oliver G. Brewer President, Chief Executive Officer & Director 1964 $1,177,718 USD
Brian Lynch Executive Vice President, Chief Legal Officer & Chief Financial Officer 1962 $687,790 USD
Alex Mitchell Boezeman President of Asia 1959 $631,708 USD
Glenn F. Hickey Executive Vice President & President of Callaway Golf 1962 $556,421 USD
Mark F. Leposky Executive Vice President & Chief Supply Chain Officer 1965 $553,146 USD
Heather D. McAllister General Counsel
Jennifer Thomas Senior Vice President & Chief Accounting Officer 1976
Katina Metzidakis Vice President of Investor Relations & Corporate Communications
Rebecca A. Fine Executive Vice President & Chief People Officer 1963
Timothy R. Reed Senior Vice President of Global Sports Marketing

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