{"schema_version":"secwatch.filing_event.v1","accession":"0000837465-24-000068","form_type":"8-K","ticker":"CALY","cik":"0000837465","company_name":"Callaway Golf Co","filed_at":"2024-08-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:16.022183+00:00","generated_at":"2026-05-31T11:59:25.866406+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Topgolf Callaway Q2 net income $62M, full-year guidance lowered, launches Topgolf strategic review","bullets":["Q2 revenue $1.158B (-1.9% YoY); GAAP net income $62M vs $117M last year; Adj. EBITDA $206M.","Full-year revenue guidance cut to $4.20-4.26B from $4.435-4.475B; Adj. EBITDA guidance cut to $570-590M.","Topgolf same venue sales -8% (below expectations); segment revenue +5% on new venues; formal strategic review includes potential spin.","Golf Equipment revenue -8.2% ($413.8M); Active Lifestyle -3.2% ($249.6M); inventory down $192.7M YoY.","Made $50M discretionary term loan paydown; first-half operating cash flow improved $173M YoY."],"urls":{"canonical":"https://secwatch.observer/filing/0000837465-24-000068","json":"https://secwatch.observer/filing/0000837465-24-000068.json","markdown":"https://secwatch.observer/filing/0000837465-24-000068.md","text":"https://secwatch.observer/filing/0000837465-24-000068.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/837465/000083746524000068/0000837465-24-000068-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/837465/000083746524000068/modg-20240807.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T11:59:25.866406+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}