Topgolf Callaway Brands Corp. (MODG)

Global sports entertainment company combining technology and entertainment with a focus on golf-related experiences and venues.

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Topgolf Callaway Brands Corp., headquartered in Carlsbad, California, is a dynamic leader in the golf industry, renowned for its comprehensive offerings across three distinct segments. The company's Topgolf segment revolutionizes entertainment and golfing experiences with technologically advanced venues featuring hitting bays equipped with Toptracer ball-flight tracking technology. These venues also include multiple bars, dining areas, and event spaces, making Topgolf a preferred destination for social gatherings and corporate events.

In the realm of golf equipment, Topgolf Callaway Brands Corp. excels with its Golf Equipment segment, offering a wide array of premium products under the Callaway and Odyssey brands. This includes drivers, fairway woods, irons, wedges, putters, and pre-owned golf clubs, along with high-performance golf balls under the Callaway Golf and Strata brands. These products are favored by professional golfers and enthusiasts alike for their innovation and superior craftsmanship.

The Apparel, Gear and Other segment complements its product portfolio with a diverse range of golf and lifestyle apparel, footwear, and accessories. Under brands like TravisMathew and OGIO, the company delivers stylish apparel, hats, luggage, footwear, and outdoor equipment. This segment also caters to outdoor enthusiasts with products such as jackets, trousers, dresses, and tents under the Jack Wolfskin brand, ensuring versatility and functionality across different outdoor pursuits.

With a global reach spanning approximately 120 countries, Topgolf Callaway Brands Corp. distributes its products through various channels including golf retailers, online platforms, sporting goods stores, and department stores. The company's evolution, marked by its name change from Callaway Golf Company in September 2022, underscores its commitment to innovation and expanding its market presence in the competitive golf and lifestyle sectors.

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