An update from Topgolf Callaway Brands ( (MODG) ) is now available.
Topgolf Callaway Brands Corp. announced on April 10, 2025, that it has entered into an agreement to sell its Jack Wolfskin business to ANTA Sports for $290 million in cash. This strategic move is expected to enhance the company’s financial flexibility and allow it to focus on its core operations, with the transaction anticipated to close by the late second quarter or early third quarter of 2025, pending regulatory approvals.
Spark’s Take on MODG Stock
According to Spark, TipRanks’ AI Analyst, MODG is a Neutral.
The overall score of 47 reflects significant financial and operational challenges, including persistent losses, high debt, and bearish technical indicators. While the earnings call highlighted some strengths in the Golf Equipment segment and positive cash flow trends, the substantial headwinds and negative valuation metrics weigh heavily on the stock.
To see Spark’s full report on MODG stock, click here.
More about Topgolf Callaway Brands
Topgolf Callaway Brands Corp. is a tech-enabled company in the Modern Golf and active lifestyle industry, offering leading golf equipment, apparel, and entertainment through its global brands such as Topgolf, Callaway Golf, TravisMathew, Odyssey, OGIO, and Jack Wolfskin.
YTD Price Performance: -29.56%
Average Trading Volume: 3,164,591
Technical Sentiment Signal: Strong Buy
Current Market Cap: $1.16B
See more insights into MODG stock on TipRanks’ Stock Analysis page.