All articles tagged with #topgolf
Harley-Davidson has appointed Artie Starrs, former CEO of Topgolf, as its new president and CEO, succeeding Jochen Zeitz amid ongoing struggles with declining motorcycle demand and dealer profitability. The transition aims to revitalize the brand and address challenges such as aging ridership and dealer closures, with strategic moves including selling a stake in its financing arm and launching a new affordable motorcycle model.
Harley-Davidson has appointed Arthur Starrs, currently CEO of Topgolf, as its new CEO starting October 1, ending a lengthy search for a successor to Jochen Zeitz, amid efforts to revitalize the struggling motorcycle brand.
Jim Cramer advises holding onto MP Materials due to its low valuation, recommends buying Topgolf at $14, expresses interest in Toast pending profitability, and praises TransDigm Group as a terrific company that could benefit from a stock split.
Jim Cramer, host of CNBC's "Mad Money," shared his thoughts on various stocks during his lightning round segment. He praised Vertex as an "excellent" company, while expressing skepticism towards BlackBerry and Under Armour. Cramer recommended holding off on buying more Shopify shares and suggested considering Kyndryl as a potential winner in the market.
Topgolf's first facility in New England, located in Cranston, Rhode Island, will be renamed "Topgolf Rhode Island" instead of "Topgolf Providence" following pushback from Cranston Mayor Ken Hopkins. The mayor expressed appreciation for the company's cooperation and open-mindedness, stating that the name change demonstrates why they are excited about Topgolf coming to Cranston. The facility is set to open by fall.
Actor Jamie Foxx was spotted at Topgolf in Naperville, swinging a driver and checking his score, marking his first public appearance since being hospitalized with a mystery "health complication" in the spring. Foxx was also seen waving from a mega-boat on the Chicago River, with his family members visiting him as he continues to rehabilitate in Chicago. The reason for his hospitalization remains undisclosed.
Despite recent poor performance, fans of Topgolf Callaway Brands believe the pure-play golf stock can deliver a strong investment opportunity. Topgolf operates around 80 high-tech driving venues across the US.
Shares of Topgolf Callaway Brands fell after the company revealed that its corporate business is softening, causing concerns among investors in the stock market.
Topgolf Callaway Brands Corp (NYSE:MODG) saw a 17% drop in its stock price after reporting Q1 results that beat expectations but disappointed investors due to lower-than-expected Q2 revenue guidance. While Topgolf revenue grew by 25.3%, golf equipment sales were down 5.2%. Management highlighted initiatives to boost growth in the second half of the year, but investors were not convinced.
Former Las Vegas Raiders wide receiver Henry Ruggs is set to plead guilty to one count of felony DUI causing death and one count of misdemeanor vehicular manslaughter in connection with a November 2021 crash that killed 23-year-old Tina Tintor and her dog. Evidence obtained by investigators includes a $450 receipt from Topgolf for 20 drinks for three or four people in the hours before the crash. Ruggs' blood alcohol level was twice the legal limit, and he was driving at 156 mph. Under the plea deal, Ruggs will face 3-10 years in prison.