Brewer also highlighted Topgolf’s success since merging with Callaway, citing significant investments that have expanded Topgolf’s scale, digital offerings, and venue profitability, exceeding initial expectations.
Timing and Future Plans
While Topgolf Callaway Brands expects the spin-off to be finalized in the second half of 2025, the company noted that other separation options are still under consideration. The exact timing and terms of the spin-off remain subject to final decisions.
