Topgolf Callaway Brands Corp (MODG) Q2 2024 Earnings Call Transcript

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Q2: 2024-08-07 Earnings Summary

EPS of $0.42 beats by $0.15
 | Revenue of $1.16B (-1.86% Y/Y) misses by $33.36M

Topgolf Callaway Brands Corp (NYSE:MODG) Q2 2024 Results Conference Call August 7, 2024 5:00 PM ET

Company Participants

Katina Metzidakis - VP, IR & Corporate Communications
Chip Brewer - President & Chief Executive Officer
Brian Lynch - Chief Financial Officer & CLO

Conference Call Participants

Alex Perry - Bank of America
Matthew Boss - JPMorgan
Eric Wold - B. Riley Securities
Megan Alexander - Morgan Stanley
Joseph Altobello - Raymond James

Operator

Good day, and welcome to the Topgolf Callaway Brands Second Quarter 2024 Conference Call. [Operator Instructions]. Please note that this event is being recorded.

I would now like to turn the conference over to Katina Metzidakis, Vice President of Investor Relations and Corporate Communications. Please go ahead.

Katina Metzidakis

Thank you, operator, and good afternoon, everyone. Welcome to Topgolf Callaway Brands' Second Quarter Earnings Conference Call. I'm Katina Metzidakis, the company's Vice President of Investor Relations and Corporate Communications. Joining me as speakers on today's call are Chip Brewer, our President and Chief Executive Officer; and Brian Lynch, our Chief Financial Officer and Chief Legal Officer.

Earlier today, the company issued a press release announcing its second quarter financial results. We have published an updated presentation. Our earnings presentation as well as the earnings press release are both available on the company's Investor Relations website under the Financial Results tab.

Aside from revenue, the financial numbers reported and discussed on today's call are non-GAAP measures. We identify these non-GAAP measures in the presentation and reconcile the measures to the corresponding GAAP measures in accordance with Regulation G.

Please note that this call will include forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from management's current expectations. We encourage you to review the safe harbor statements contained in the presentation and the press

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