Topgolf Callaway wants to focus on golf equipment, but expects more competition there

Shares of Topgolf Callaway Brands Corp. slipped after hours on Monday after the parent of Topgolf and Callaway-brand golf clubs warned of weaker sales at the driving-range chain and more competition in golf equipment, although it said first-quarter trends were solid, marked by a surprise adjusted profit.

May 12, 2025 - 22:49
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Topgolf Callaway wants to focus on golf equipment, but expects more competition there
Shares of Topgolf Callaway Brands Corp. slipped after hours on Monday after the parent of Topgolf and Callaway-brand golf clubs warned of weaker sales at the driving-range chain and more competition in golf equipment, although it said first-quarter trends were solid, marked by a surprise adjusted profit.