secwatch.observer — SEC 8-K summary
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Issuer:     Callaway Golf Co (CALY)
CIK:        0000837465
Form:       8-K
Filed at:   2023-02-09T23:59:59+00:00
Accession:  0000837465-23-000003
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Topgolf Callaway Brands Q4 revenue up 19.6% to $851M; raises FY2023 outlook
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- Q4 net revenue $851.3M (+19.6% YoY); net loss $72.7M but operating loss improved 36.6%.
- Full year revenue $3,995.7M (+27.5%), net income $157.9M, Adjusted EBITDA $558.1M (+25.3%).
- Raised FY2023 revenue guidance to $4,415-4,470M (10-12% growth) and Adjusted EBITDA to $620-640M.
- Topgolf segment: 11 new venues opened in 2022; same venue sales +7% vs 2019.
- Q1 2023 revenue expected $1,135-1,155M; Adjusted EBITDA $135-145M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/837465/000083746523000003/0000837465-23-000003-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/837465/000083746523000003/modg-20230209.htm
  HTML page:      https://secwatch.observer/filing/0000837465-23-000003

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