---
schema_version: "secwatch.filing_event.v1"
accession: "0000837465-23-000026"
form_type: "8-K"
ticker: "CALY"
cik: "0000837465"
company_name: "Callaway Golf Co"
filed_at: "2023-08-08T23:59:59+00:00"
generated_at: "2026-06-12T03:21:25.680643+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Topgolf Callaway Q2 revenue up 5.7% to $1.18B; reiterates FY2023 guidance

## Summary
- GAAP EPS $0.59 vs $0.53 YoY; non-GAAP EPS $0.39 vs $0.47.
- Topgolf revenue +16.6% to $470.8M; same venue sales growth ~1% (within guidance).
- Adjusted EBITDA $206.2M, slightly above high end of guidance, down 0.5% YoY.
- FY2023 guidance reaffirmed: revenue $4.42-4.47B, Adj. EBITDA $625-640M, non-GAAP EPS $0.63-0.69.
- On track for positive free cash flow in 2023; 2 new Topgolf venues opened in Q2.

## SEC filing metadata
- accession: 0000837465-23-000026
- form_type: 8-K
- ticker: CALY
- cik: 0000837465
- company_name: Callaway Golf Co
- filed_at: 2023-08-08T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/837465/000083746523000026/0000837465-23-000026-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/837465/000083746523000026/modg-20230808.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000837465-23-000026
- JSON: https://secwatch.observer/filing/0000837465-23-000026.json
- Plain text: https://secwatch.observer/filing/0000837465-23-000026.txt

## Key facts
- Earnings Releases
  Callaway Golf Co updated its second quarter ended June 30, 2023 guidance (reaffirmed).
  - Period: second quarter ended June 30, 2023
  - Guidance: reaffirmed
  - Result: reported results
  source text: On August 8, 2023, Topgolf Callaway Brands Corp. issued a press release and is holding a conference call regarding its financial results for the second quarter of 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/837465/000083746523000026/0000837465-23-000026-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.