{"schema_version":"secwatch.filing_event.v1","accession":"0000837465-23-000017","form_type":"8-K","ticker":"CALY","cik":"0000837465","company_name":"Callaway Golf Co","filed_at":"2023-05-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:42.402005+00:00","generated_at":"2026-06-15T11:12:02.580937+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Topgolf Callaway Q1 revenue beats, raises FY Adj EBITDA midpoint; cuts EPS guidance","bullets":["Q1 GAAP net income $25M ($0.13 diluted EPS); non-GAAP EPS $0.17, down 53% YoY.","Net revenue $1.17B (+12.2% YoY); Topgolf same venue sales +11% (6th consecutive quarter).","Full-year 2023 revenue guidance raised to $4,420-4,470M; Adj EBITDA midpoint increased to $632.5M.","Non-GAAP diluted EPS guidance lowered to $0.63-0.69 from $0.70-0.78 mainly due to higher interest expense.","Completed debt refinancing, reducing cost and extending maturities; Topgolf venue profitability targets raised."],"urls":{"canonical":"https://secwatch.observer/filing/0000837465-23-000017","json":"https://secwatch.observer/filing/0000837465-23-000017.json","markdown":"https://secwatch.observer/filing/0000837465-23-000017.md","text":"https://secwatch.observer/filing/0000837465-23-000017.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/837465/000083746523000017/0000837465-23-000017-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/837465/000083746523000017/modg-20230509.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T11:12:02.580937+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"5b49b8e49517f3f8a684f0170c308aeba3a82d50","claim":"Callaway Golf Co reported the first quarter ended March 31, 2023 results: revenue $ 1,167.4, net income $ 25.0, EPS $ 0.13.","evidence_excerpt":"months ended March 31, 2023 and 2022: GAAP RESULTS (in millions, except percentages and per share data) Three Months Ended March 31, 2023 2022 Change % Change Net revenues $ 1,167.4 $ 1,040.2 $ 127.2 12.2 % Income from operations 80.5 94.3 (13.8) (14.6) % Other expense, net (59.7) (23.3) (36.4) 156.2 % Income before income taxes 20.8 71.0 (50.2) (70.7) %","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/837465/000083746523000017/0000837465-23-000017-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the first quarter ended March 31, 2023"},{"label":"Revenue","value":"$ 1,167.4"},{"label":"Net income","value":"$ 25.0"},{"label":"EPS","value":"$ 0.13"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}