• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
PublishDashboard
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlertsPublish with Us
    Company
    AboutQuantisnow PlusContactJobsAI employees
    Legal
    Terms of usePrivacy policyCookie policy

    Topgolf Callaway Brands Completes Sale of Jack Wolfskin to ANTA Sports

    6/2/25 5:30:00 AM ET
    $MODG
    Recreational Games/Products/Toys
    Consumer Discretionary
    Get the next $MODG alert in real time by email

    CARLSBAD, Calif., June 2, 2025 /PRNewswire/ -- Topgolf Callaway Brands Corp. (NYSE:MODG) ("Topgolf Callaway Brands" or the "Company") is pleased to announce the successful completion of the sale of its Jack Wolfskin business to ANTA Sports for $290 million, subject to certain customary closing adjustments.

    The transaction, which closed effective May 31, 2025, represents a significant milestone for Topgolf Callaway Brands as it refocuses its strategic priorities on its core businesses and enhances the Company's financial flexibility ahead of the planned separation of Topgolf from its core operations.

    Chip Brewer, President and CEO of Topgolf Callaway Brands, stated, "We are excited to announce the successful completion of the sale of our Jack Wolfskin business to ANTA Sports. We believe that ANTA Sports will continue to uphold the integrity and reputation of the Jack Wolfskin brand, and we extend our gratitude to our Jack Wolfskin employees for their hard work and dedication in positioning the business for its next chapter."

    For more information about Topgolf Callaway Brands and its portfolio, please visit https://www.topgolfcallawaybrands.com.

    Investor/Media Contact:

    Katina Metzidakis

    Email: [email protected] 

    About Topgolf Callaway Brands Corp.

    Topgolf Callaway Brands Corp. (NYSE:MODG) is an unrivaled tech-enabled Modern Golf and active lifestyle company delivering leading golf equipment, apparel, and entertainment, with a portfolio of global brands including Topgolf, Callaway Golf, TravisMathew, Odyssey and OGIO. "Modern Golf" is the dynamic and inclusive ecosystem that includes both on-course and off-course golf.

    Forward-Looking Statements

    Statements used in this press release that relate to future plans, events, financial results, performance, prospects, or growth opportunities, including statements relating to the Company's liquidity and financial flexibility following the completion of the sale, the growth and positioning of the Company's portfolio of brands, increased focus on the Company's portfolio of leading brands, and statements of belief and any statement of assumptions underlying any of the foregoing, are forward-looking statements as defined under the Private Securities Litigation Reform Act of 1995. The words "believe," "expect," "estimate," "could," "would," "should," "intend," "may," "plan," "seek," "anticipate," "project" and similar expressions, among others, generally identify forward-looking statements, which speak only as of the date the statements were made and are not guarantees of future performance. These statements are based upon current information and expectations. Accurately estimating the forward-looking statements is based upon various risks and unknowns, including our ability to successfully execute on planned and potential transactions, including our planned separation of Topgolf, and the potential to realize the expected benefits of such transactions on the expected timeframes or at all. Actual results may differ materially from those estimated or anticipated as a result of these risks and unknowns or other risks and uncertainties. For additional information concerning these and other risks and uncertainties that could affect these statements and the Company's business, see the Company's Annual Report on Form 10-K for the year ended December 31, 2024 as well as other risks and uncertainties detailed from time to time in the Company's reports on Forms 10-K, 10-Q and 8-K subsequently filed with the Securities and Exchange Commission. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. The Company undertakes no obligation to republish revised forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

    Topgolf Callaway Brands Corp. Logo (PRNewsFoto/Topgolf Callaway Brands Corp.) (PRNewsfoto/Topgolf Callaway Brands Corp.)

    Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/topgolf-callaway-brands-completes-sale-of-jack-wolfskin-to-anta-sports-302470552.html

    SOURCE Topgolf Callaway Brands Corp.

    Get the next $MODG alert in real time by email

    Chat with this insight

    Save time and jump to the most important pieces.

    Recent Analyst Ratings for
    $MODG

    DatePrice TargetRatingAnalyst
    5/16/2025$7.00Neutral
    B. Riley Securities
    1/2/2025$11.00 → $13.00Hold → Buy
    Jefferies
    10/17/2024$18.00 → $12.00Buy → Neutral
    B. Riley Securities
    8/29/2024$40.00 → $12.00Buy → Hold
    Jefferies
    8/23/2024Outperform → Underperform
    Raymond James
    8/8/2024$18.00 → $13.00Buy → Neutral
    BofA Securities
    8/8/2024Overweight → Sector Weight
    KeyBanc Capital Markets
    11/9/2023$23.00 → $13.00Overweight → Neutral
    JP Morgan
    More analyst ratings

    $MODG
    Leadership Updates

    Live Leadership Updates

    See more
    • Topgolf Names Erin Chamberlin as Chief Operating Officer

      Chamberlin joins Topgolf from PENN Entertainment Inc. DALLAS, July 18, 2024 /PRNewswire/ -- Modern golf entertainment leader Topgolf announced today that Erin Chamberlin has been named its new Chief Operating Officer beginning July 22. Chamberlin joins the company from PENN Entertainment Inc., the largest provider of gaming entertainment in North America, where she served as a Senior Vice President of Regional Operations since 2019. In her new role, Chamberlin will be responsible for Topgolf's globally owned and operated venue experience, including the Player experience, oper

      7/18/24 9:00:00 AM ET
      $MODG
      Recreational Games/Products/Toys
      Consumer Discretionary
    • Topgolf Callaway Brands Joins Forces with Visa

      The multiyear agreement brings with it co-promotional opportunities and select benefits for Cash App cardholders CARLSBAD, Calif., June 20, 2024 /PRNewswire/ -- Topgolf Callaway Brands Corp. (NYSE:MODG) is excited to announce it has entered into a multiyear strategic agreement with Visa, a world leader in digital payments, that extends across Topgolf Callaway's family of brands, including Topgolf, Callaway and TravisMathew. The partnership brings with it co-promotional opportunities and cardholder benefits that will kick off this summer with select Cash App Card offers at Topgolf. "We're absolutely thrilled to align with Visa, a company renowned for its innovation and commitment to excellenc

      6/20/24 8:00:00 AM ET
      $MODG
      Recreational Games/Products/Toys
      Consumer Discretionary
    • Uber Technologies, Jabil and Builders FirstSource Set to Join S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600

      NEW YORK, Dec. 1, 2023 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of trading on Monday, December 18, to coincide with the quarterly rebalance. The changes ensure each index is more representative of its market capitalization range. All companies being added to the S&P 500 are more representative of the large-cap market space, all companies being added to the S&P MidCap 400 are more representative of the mid-cap market space, and all companies being added to the S&P SmallCap 600 are more representative of the small-cap market space. The companies being removed from t

      12/1/23 6:16:00 PM ET
      $ALK
      $ALKS
      $AWI
      $BLDR
      Air Freight/Delivery Services
      Consumer Discretionary
      Biotechnology: Pharmaceutical Preparations
      Health Care

    $MODG
    Press Releases

    Fastest customizable press release news feed in the world

    See more

    $MODG
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • Construction Efforts Underway in Parsippany as Topgolf Breaks Ground

      The venue will be located along Route 46 near the intersection of I-80 and I-280 DALLAS, June 5, 2025 /PRNewswire/ -- Topgolf announced today that it broke ground on a three-level venue in Parsippany, New Jersey, which is set to open in the summer of 2026. This will be Topgolf's third venue in the state, joining existing locations in Mount Laurel and Edison. The Basics If you've never been to a Topgolf venue before, think of it as a modern golf experience where anyone – including people who have never picked up a golf club and those who want to perfect their swing, can partici

      6/5/25 11:00:00 AM ET
      $MODG
      Recreational Games/Products/Toys
      Consumer Discretionary
    • Topgolf Swings into Summer with Serious Value and Fun

      New daily deals, a fan-favorite Summer Fun Pass, cool treats and more make Topgolf THE place to play this summer DALLAS, June 4, 2025 /PRNewswire/ -- Topgolf is doubling down on fun this summer with a new lineup of daily value offers and some seriously good bites, all designed to help Players save their green – for the greens. We get it – times are tight, but that shouldn't stop you from planning a great time with friends and family. That's why we're flipping the script and giving Players more for less.   "Topgolf exists to bring joy to all Players, experts and novices alike, by creating more ways to play the game of golf – and making our play more affordable," sa

      6/4/25 8:00:00 AM ET
      $MODG
      Recreational Games/Products/Toys
      Consumer Discretionary
    • Topgolf Callaway Brands Completes Sale of Jack Wolfskin to ANTA Sports

      CARLSBAD, Calif., June 2, 2025 /PRNewswire/ -- Topgolf Callaway Brands Corp. (NYSE:MODG) ("Topgolf Callaway Brands" or the "Company") is pleased to announce the successful completion of the sale of its Jack Wolfskin business to ANTA Sports for $290 million, subject to certain customary closing adjustments. The transaction, which closed effective May 31, 2025, represents a significant milestone for Topgolf Callaway Brands as it refocuses its strategic priorities on its core businesses and enhances the Company's financial flexibility ahead of the planned separation of Topgolf from its core operations. Chip Brewer, President and CEO of Topgolf Callaway Brands, stated, "We are excited to announc

      6/2/25 5:30:00 AM ET
      $MODG
      Recreational Games/Products/Toys
      Consumer Discretionary
    • SEC Form SC 13G filed by Topgolf Callaway Brands Corp.

      SC 13G - Topgolf Callaway Brands Corp. (0000837465) (Subject)

      10/31/24 11:55:01 AM ET
      $MODG
      Recreational Games/Products/Toys
      Consumer Discretionary
    • SEC Form SC 13G filed by Topgolf Callaway Brands Corp.

      SC 13G - Topgolf Callaway Brands Corp. (0000837465) (Subject)

      2/15/24 9:29:55 AM ET
      $MODG
      Recreational Games/Products/Toys
      Consumer Discretionary
    • SEC Form SC 13G/A filed by Topgolf Callaway Brands Corp. (Amendment)

      SC 13G/A - Topgolf Callaway Brands Corp. (0000837465) (Subject)

      2/13/24 5:16:07 PM ET
      $MODG
      Recreational Games/Products/Toys
      Consumer Discretionary

    $MODG
    Financials

    Live finance-specific insights

    See more
    • TOPGOLF CALLAWAY BRANDS ANNOUNCES FIRST QUARTER 2025 RESULTS

      HIGHLIGHTS Q1 consolidated Net Revenue of $1,092 million and strong Adjusted EBITDA both outperformed expectations.Q1 Total Segment Operating Income increased 9.7%.The Company further strengthened its available liquidity position to $805 million, increasing by 12% year-over-year.The Company reaffirmed its consolidated full year Revenue and Adjusted EBITDA guidance (subject to adjustment pending the sale of its Jack Wolfskin business).CARLSBAD, Calif., May 12, 2025 /PRNewswire/ -- Topgolf Callaway Brands Corp. (the "Company" or "Topgolf Callaway Brands", "we", "our", "us") (NYSE:MODG) announced its financial results for the first quarter ended March 31, 2025. "We are pleased with our first qu

      5/12/25 4:15:00 PM ET
      $MODG
      Recreational Games/Products/Toys
      Consumer Discretionary
    • Topgolf Callaway Brands to Release First Quarter 2025 Financial Results

      CARLSBAD, Calif., May 5, 2025 /PRNewswire/ -- Topgolf Callaway Brands Corp. (the "Company" or "Topgolf Callaway Brands") (NYSE:MODG) announced today that it intends to release its first quarter 2025 financial results on Monday, May 12, 2025, after the market closes. Following the release, the Company's management team will hold a conference call to review the results and discuss the Company's business and outlook beginning at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time). A live webcast and presentation may be accessed through the Investor Relations section of the Company's website at https://www.topgolfcallawaybrands.com.  A replay will be available online approximately two hours after th

      5/5/25 4:17:00 PM ET
      $MODG
      Recreational Games/Products/Toys
      Consumer Discretionary
    • TOPGOLF CALLAWAY BRANDS ANNOUNCES FOURTH QUARTER AND FULL YEAR 2024 RESULTS

      HIGHLIGHTS Q4 consolidated Net Revenue growth of 3% and strong Adjusted EBITDA growth both outperformed guidance.Total Company operating cash flow increased 5% to $382 million and Adjusted Free Cash Flow increased 27% to $203 million.Topgolf's same venue sales, Adjusted EBITDA, Adjusted Free Cash Flow and venue margins all exceeded expectations in Q4.In 2024 the Callaway brand maintained its #1 position in U.S. market share in total golf clubs for the third consecutive year - and 9th time in the last 10 years - and achieved record U.S. market share in golf ball.CARLSBAD, Calif., Feb. 24, 2025 /PRNewswire/ -- Topgolf Callaway Brands Corp. (the "Company" or "Topgolf Callaway Brands", "we", "ou

      2/24/25 4:15:00 PM ET
      $MODG
      Recreational Games/Products/Toys
      Consumer Discretionary

    $MODG
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more
    • B. Riley Securities initiated coverage on Topgolf Callaway Brands with a new price target

      B. Riley Securities initiated coverage of Topgolf Callaway Brands with a rating of Neutral and set a new price target of $7.00

      5/16/25 8:05:59 AM ET
      $MODG
      Recreational Games/Products/Toys
      Consumer Discretionary
    • Topgolf Callaway Brands upgraded by Jefferies with a new price target

      Jefferies upgraded Topgolf Callaway Brands from Hold to Buy and set a new price target of $13.00 from $11.00 previously

      1/2/25 8:02:26 AM ET
      $MODG
      Recreational Games/Products/Toys
      Consumer Discretionary
    • Topgolf Callaway Brands downgraded by B. Riley Securities with a new price target

      B. Riley Securities downgraded Topgolf Callaway Brands from Buy to Neutral and set a new price target of $12.00 from $18.00 previously

      10/17/24 7:59:54 AM ET
      $MODG
      Recreational Games/Products/Toys
      Consumer Discretionary

    $MODG
    Insider Purchases

    Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • EVP & Pres., Callaway Golf Hickey Glenn F. bought $68,600 worth of shares (10,000 units at $6.86) (SEC Form 4)

      4 - Topgolf Callaway Brands Corp. (0000837465) (Issuer)

      5/19/25 6:46:40 PM ET
      $MODG
      Recreational Games/Products/Toys
      Consumer Discretionary
    • President and CEO Brewer Oliver G Iii bought $128,038 worth of shares (20,000 units at $6.40) (SEC Form 4)

      4 - Topgolf Callaway Brands Corp. (0000837465) (Issuer)

      5/15/25 6:47:12 PM ET
      $MODG
      Recreational Games/Products/Toys
      Consumer Discretionary
    • Director Fleischer Russell L bought $192,361 worth of shares (30,000 units at $6.41), increasing direct ownership by 35% to 116,187 units (SEC Form 4)

      4 - Topgolf Callaway Brands Corp. (0000837465) (Issuer)

      5/15/25 6:46:32 PM ET
      $MODG
      Recreational Games/Products/Toys
      Consumer Discretionary

    $MODG
    SEC Filings

    See more
    • Topgolf Callaway Brands Corp. filed SEC Form 8-K: Financial Statements and Exhibits, Regulation FD Disclosure

      8-K - Topgolf Callaway Brands Corp. (0000837465) (Filer)

      6/4/25 8:59:52 PM ET
      $MODG
      Recreational Games/Products/Toys
      Consumer Discretionary
    • SEC Form 8-K filed by Topgolf Callaway Brands Corp.

      8-K - Topgolf Callaway Brands Corp. (0000837465) (Filer)

      6/2/25 5:29:01 PM ET
      $MODG
      Recreational Games/Products/Toys
      Consumer Discretionary
    • SEC Form SD filed by Topgolf Callaway Brands Corp.

      SD - Topgolf Callaway Brands Corp. (0000837465) (Filer)

      5/22/25 12:56:58 PM ET
      $MODG
      Recreational Games/Products/Toys
      Consumer Discretionary

    $MODG
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • Director Turney C. Matthew converted options into 8,096 shares, increasing direct ownership by 116% to 15,084 units (SEC Form 4)

      4 - Topgolf Callaway Brands Corp. (0000837465) (Issuer)

      5/30/25 5:22:15 PM ET
      $MODG
      Recreational Games/Products/Toys
      Consumer Discretionary
    • Director Thornley Anthony S converted options into 8,096 shares, increasing direct ownership by 10% to 88,784 units (SEC Form 4)

      4 - Topgolf Callaway Brands Corp. (0000837465) (Issuer)

      5/30/25 5:21:05 PM ET
      $MODG
      Recreational Games/Products/Toys
      Consumer Discretionary
    • Director Segre Linda B converted options into 8,096 shares, increasing direct ownership by 14% to 67,469 units (SEC Form 4)

      4 - Topgolf Callaway Brands Corp. (0000837465) (Issuer)

      5/30/25 5:19:11 PM ET
      $MODG
      Recreational Games/Products/Toys
      Consumer Discretionary