Does Callaway sell golf equipment?

Topgolf Callaway Brands Corp. designs, manufactures, and sells golf equipment, golf and lifestyle apparel, and other accessories. It operates through three segments: Topgolf; Golf Equipment; and Apparel, Gear and Other.

What is the 12-month price forecast for Topgolf Callaway brands (modg)?

The 12-month stock price forecast is $31.83, which is an increase of 93.03% from the latest price. Topgolf Callaway Brands Corp. MODG, -2.93% shares dropped more than 6% in the extended session Tuesday after the retailer reported a slightly lower-than-expected quarterly revenue.

Who founded Callaway Golf Company?

Callaway Golf Company was founded by former Burlington Industries textile president, Ely Callaway Jr. Callaway was raised in LaGrange, Georgia, and was a graduate of Emory University. He had previously been successful in the textile and wine industries, and was also an avid golfer.

Is Callaway trying to buy itself into a growth industry?

The number of "on-course" golfers has stagnated over the past decade, while "non-course" golfers who attend ranges and venues like Topgolf have grown at a 6. 5% rate since 2014. As such, it's no surprise that Callaway is trying to buy itself into more of a growth industry.