This account is managed by Noah's Arc Capital Management. Our goal is provide Wall Street level insights to main street investors. Our research focus is mainly on 20th century stocks (old economy) undergoing a 21st century transformation, but occasionally we'll write on companies that help transform 20th century firms as well. We look for innovations in a business model that will cause a stock to change dramatically. Associated with SA contributors Thomas Potter and Elijah Buell.Analyst’s Disclosure: I/we h ...

Topgolf Callaway Brands Corp. (MODG) signed a multiyear agreement with Golf Saudi Entertainment LLC (Golf Saudi) to expand its brands in Saudi Arabia. This deal includes popular brands like Topgolf, Callaway, TravisMathew, Odyssey and Ogio, further supporting the company's global growth.MODG is expanding into the Middle East by partnering with Golf Saudi to establish its presence in Saudi Arabia. This collaboration will introduce innovative offerings and enhance the growth of golf in the region, positioning ...

文章核心观点 - 拓高高尔夫品牌集团与沙特高尔夫娱乐公司签署多年合作协议,将在未来几年内在沙特阿拉伯建设3家拓高高尔夫场馆 [1] - 拓高高尔夫品牌集团旗下的卡拉威高尔夫、Odyssey、TravisMathew和Ogio将成为沙特男女青少年国家高尔夫队以及沙特精英高尔夫球手和高尔夫场馆工作人员的官方装备和服装品牌 [1] - 沙特高尔夫娱乐公司将成为卡拉威高尔夫、Odyssey和Ogio产品在沙特阿拉伯的独家经销商 [1] 公司概况 - 拓高高尔夫品牌集团是一家集高尔夫装备、服装和娱乐于一体的科技驱动型现代高尔夫公司,旗下拥有拓高高尔夫、卡拉威高尔夫、TravisMathew、Odyssey、OGIO和Jack Wolfskin等全球知名品牌 [2] - 公司致力于推动"现代高尔夫"这一包括场内和场外高尔夫在内的动态和包容性生态系统的发展 [2] 合作背景 - 拓高高尔夫品牌集团正在积极拓展中东市场,此次与沙特高尔夫娱乐公司达成合作是进入另一个中东市场的举措 [2] - 沙特高尔夫娱乐公司是拓高高尔夫品牌集团在该地区的强大合作伙伴,双方将共同努力将沙特打造成一个卓越的高尔夫国家 [2]

Callaway and Topgolf are separating into the two areas they originally specialized inTopgolf Callaway Brands Corp (NYSE:MODG) is down 1% to trade at $10.65, but earlier was higher, after the entertainment and retail company announced it will split into two separate businesses. Callaway will focus on golf equipment and consumers' active lifestyle while Topgolf will take on the golf entertainment unit. If this sounds familiar at all, its because the two entities focused on these exact separate areas of busine ...

Key TakeawaysShares of Topgolf Callaway rose in premarket trading Thursday, a day after the company announced its intention to separate into two companies just over three years after their merger was completed.The companies merged in March 2021, calling it a "highly complementary fit" at the time.Callaway now believes the investments it has made set Topgolf up for long-term growth, and sees the best way forward for Topgolf as a separate public company. Shares of Topgolf Callaway Brands (MODG) rose about 5% ...

Separation Will Create a Leading Golf Equipment and Active Lifestyle Company with Strong Free Cash Flow and the Category Leading, High-Growth, Pure-Play Venue-Based Golf Entertainment Business Both Businesses Will Have Strong Balance Sheets, Positive Free Cash Flow and the Required Scale to be Leaders in Their Respective MarketsCARLSBAD, Calif., Sept. 4, 2024 /PRNewswire/ -- Topgolf Callaway Brands Corp. (the "Company" or "Topgolf Callaway Brands," "we," "our," "us") (NYSE: MODG) today announced that its Bo ...

The two-level venue will be located along I-40 at Guilford College RoadDALLAS, Aug. 29, 2024 /PRNewswire/ -- Modern golf entertainment leader Topgolf announced today it will open Topgolf Greensboro on Friday, Sept. 13. This is the fourth Topgolf venue in North Carolina including locations in Charlotte and Durham.The BasicsTopgolf Greensboro celebrates grand opening on Friday, Sept. 13If you've never been to a Topgolf venue before, think of it as a modern golf experience where anyone – including people who h ...

The two-level venue sits within The Parkways development in West Des MoinesDALLAS, Aug. 22, 2024 /PRNewswire/ -- Modern golf entertainment leader Topgolf announced today it will open its first venue in Iowa, Topgolf Des Moines, on Sept. 6. This is Topgolf's 101st global outdoor venue.Topgolf BasicsTopgolf opens its first venue in Iowa, Topgolf Des Moines, on Sept. 6.Never been to a Topgolf venue? Think of it as a modern golf experience where anyone – including people who have never picked up a golf club and ...

Morsa Images/DigitalVision via Getty Images Summary Following my coverage of Topgolf Callaway Brands Corp. (NYSE:MODG) in May'24, for which I recommended a buy rating as the business was progressing well, which, I thought, would enable MODG to beat the FY24 guidance, this post is to provide an update on my thoughts on the business and stock. I revised my rating from buy to sell as I have lost confidence in MODG's ability to drive positive SVS growth in the near term, especially since all the initiatives ...

Photographer: Kent Nishimura/Bloomberg© 2024 Bloomberg Finance LPDeal Overview On August 7, 2024, Topgolf Callaway Brands Corp. (NYSE: MODG, $11.73, Market Capitalization: $2.2 billion), a prominent player in golf equipment and entertainment, announced that it is conducting a formal strategic review of its businesses, wherein the management is exploring a potential spin-off the Topgolf segment (for more information, visit spinoffresearch.com). This review includes the assessment of organic strategies to ret ...