---
schema_version: "secwatch.filing_event.v1"
accession: "0000837465-24-000030"
form_type: "8-K"
ticker: "CALY"
cik: "0000837465"
company_name: "Callaway Golf Co"
filed_at: "2024-05-08T23:59:59+00:00"
generated_at: "2026-06-02T14:51:07.383507+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Topgolf Callaway Q1 revenue $1.14B in line; EBITDA beat; lowers FY revenue view by $80M

## Summary
- Q1 GAAP net income $7M, non-GAAP net income $16M; Adjusted EBITDA $161M ahead of expectations.
- Topgolf same venue sales -7% in line; segment revenue up 4.8% to $423M on new venues.
- Full-year revenue guidance cut $80M to $4,435-$4,475M on foreign currency and Jack Wolfskin weakness.
- Adjusted EBITDA guidance reaffirmed $620-$640M; non-GAAP EPS view raised to $0.31-$0.39.
- Ai Smoke clubs #1 US market share in driver, fairway woods, irons; Chrome Tour balls record 11% premium share.

## SEC filing metadata
- accession: 0000837465-24-000030
- form_type: 8-K
- ticker: CALY
- cik: 0000837465
- company_name: Callaway Golf Co
- filed_at: 2024-05-08T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/837465/000083746524000030/0000837465-24-000030-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/837465/000083746524000030/modg-20240508.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000837465-24-000030
- JSON: https://secwatch.observer/filing/0000837465-24-000030.json
- Plain text: https://secwatch.observer/filing/0000837465-24-000030.txt

## Key facts
- Earnings Releases
  Callaway Golf Co reported first quarter ended March 31, 2024 results: revenue $1,144.2 million, net income $6.5 million, EPS $0.04.
  - Period: first quarter ended March 31, 2024
  - Revenue: $1,144.2 million
  - Net income: $6.5 million
  - EPS: $0.04
  - Result: reported results
  source text: set forth by specific reference in such filing. --- EX-99.1 (EX-99.1) --- TOPGOLF CALLAWAY BRANDS ANNOUNCES STRONG FIRST QUARTER 2024 RESULTS HIGHLIGHTS • Q1 Revenue of $1.144 billion and Topgolf same venue sales of -7% – both in line with expectations. • Net Income of $7 million, Non-GAAP Net Income of $16 million and Adjusted EBITDA of $161 million – all
  evidence_url: https://www.sec.gov/Archives/edgar/data/837465/000083746524000030/0000837465-24-000030-index.htm

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