MODG Expands Presence in Saudi Arabia With Golf Saudi Partnership [Yahoo! Finance]
Topgolf Callaway Brands Corp. (MODG)
Company Research
Source: Yahoo! Finance
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 Saudi Arabia as a significant player in the global golf landscape. Per the deal, Topgolf will open three venues by 2028, with the option to add two more, all of which will be owned and operated by Golf Saudi. Callaway Golf, Odyssey, TravisMathew and Ogio will become the official equipment and apparel brands for the Saudi national golf teams, elite players and professionals at Golf Saudi facilities. Golf Saudi will also serve as the exclusive distributor of Callaway Golf, Odyssey and Ogio products within the
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MODG
News
- Shop 12 top golf deals for up to 41% off Callaway, Titleist, Under Armour and more [USA TODAY]USA TODAY
- Topgolf and SEGA of America Partner to Launch Exclusive New Sonic the Hedgehog™ Game at TopgolfPR Newswire
- Topgolf Callaway Brands Corp. (MODG): A Bull Case Theory [Yahoo! Finance]Yahoo! Finance
- Topgolf Callaway: The Breakup Is A Great Idea [Seeking Alpha]Seeking Alpha
- Topgolf Callaway Brands Enters into Multiyear Strategic Agreement with Golf Saudi [Yahoo! Finance]Yahoo! Finance
MODG
Earnings
- 8/7/24 - Beat
MODG
Sec Filings
- 9/16/24 - Form 4
- 9/16/24 - Form 4
- 9/16/24 - Form 4
- MODG's page on the SEC website