Many small-cap stocks have limited Wall Street coverage, giving savvy investors the chance to act before everyone else catches on.
But the flip side is that these businesses have increased downside risk because they lack the scale and staying power of their larger competitors.
Topgolf Callaway Brands Corp. (NYSE: MODG) is selling its Jack Wolfskin unit to ANTA Sports for $290 million in cash. The deal, pending regulatory approval, is set to close by Q3 2025. The brand was projected to earn €325 million in 2025 revenue.
"You get what you pay for" often applies to expensive stocks with best-in-class business models and execution.
While their quality can sometimes justify the premium, they typically experience elevated volatility during market downturns when expectations change.
Let’s dig into the relative performance of Topgolf Callaway (NYSE:MODG) and its peers as we unravel the now-completed Q4 leisure facilities earnings season.
Looking back on leisure facilities stocks’ Q4 earnings, we examine this quarter’s best and worst performers, including Planet Fitness (NYSE:PLNT) and its peers.
Topgolf Callaway has gotten torched over the last six months - since September 2024, its stock price has dropped 38.9% to $6.48 per share. This was partly due to its softer quarterly results and may have investors wondering how to approach the situation.
Golf entertainment and gear company Topgolf Callaway (NYSE:MODG) reported revenue ahead of Wall Street’s expectations in Q4 CY2024, with sales up 3% year on year to $924.4 million. On the other hand, next quarter’s revenue guidance of $1.06 billion was less impressive, coming in 9% below analysts’ estimates. Its non-GAAP loss of $0.33 per share was 21% above analysts’ consensus estimates.
Golf entertainment and gear company Topgolf Callaway (NYSE:MODG)
will be announcing earnings results tomorrow after the bell. Here’s what you need to know.
Looking back on leisure facilities stocks’ Q3 earnings, we examine this quarter’s best and worst performers, including Topgolf Callaway (NYSE:MODG) and its peers.
Shares of golf entertainment and gear company Topgolf Callaway (NYSE:MODG)
jumped 14.4% in the morning session after Jefferies analyst Randal Konik upgraded the stock's rating from Hold to Buy and raised the price target from $11 to $13. The new price target implied a potential 65% upside from where shares traded before the upgrade was announced.
Let’s dig into the relative performance of European Wax Center (NASDAQ:EWCZ) and its peers as we unravel the now-completed Q3 leisure facilities earnings season.
