MODG US ( Topgolf Callaway Brands) Long

40
Topgolf Callaway Brands is a company specializing in the production of equipment (clubs, balls and accessories) under the Callaway brand, and also operates a chain of Topgolf entertainment centers that combine simulators, restaurants and sporting events.

From a technical point of view:
- currently a strong upward trend
- retest of the support level, which was previously resistance

From a fundamental point of view:

In the last quarter, revenue was $1.11 billion against a forecast of $1.09 billion, and earnings per share were $0.24 against the expected $0.02.

The company also raised its forecast for annual revenue to $3.92 billion

Topgolf entertainment centers are showing record attendance and revenue growth.
This is a key driver of long-term growth

Subscribe to stay up to date with the Trade Exit

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.