earnings
confidence high
sentiment negative
materiality 0.85
Topgolf Callaway Q1 rev $1.092B (-4.5%), EPS $0.01; lowers Topgolf same-venue sales forecast
Callaway Golf Co
2025-Q1 EPS reported
$0.01
revenue$1,092,300,000
- GAAP net income $2.1M ($0.01 diluted EPS) vs $6.5M ($0.04) YoY; Non-GAAP EPS $0.11 (+41.7%).
- Adjusted EBITDA $167.3M (+4.0%); Q2 outlook $139-159M vs $206M prior year.
- Topgolf same-venue sales -12% in Q1; full-year guidance cut to -6% to -12%.
- Golf Equipment segment op income +23.8% to $101.6M; Active Lifestyle +23.9% to $30.6M.
- Reaffirms FY revenue $4.0-4.185B, Adj. EBITDA $415-505M; Jack Wolfskin sale expected late Q2/Q3.