Topgolf Callaway Brands Corp (FRA:CLY)
€ 9.038 0.142 (1.6%) Market Cap: 1.70 Bil Enterprise Value: 4.18 Bil PE Ratio: 99.20 PB Ratio: 0.46 GF Score: 62/100

Callaway Golf Co Enters Definitive Merger Agreement with Topgolf Entertainment Group Conference Call Transcript

Oct 27, 2020 / 09:30PM GMT
Release Date Price: €18 (+8.43%)
Operator

Good afternoon and welcome to the Callaway Golf and Topgolf Merger Conference Call. (Operator Instructions) Please note, this event is being recorded.

I would now like to turn the conference over to Patrick Burke, Head of Callaway Golf Investor Relations. Please go ahead.

Patrick Burke
Callaway Golf Company - VP of Finance & IR

Good afternoon, and thank you for joining our call to discuss the combination of Callaway and Topgolf. As a reminder, this call is being recorded and the press release and slide presentation regarding today's news are available on the IR section of the Callaway website.

Before we get started, I'd like to take this opportunity to remind you that our remarks today will include forward-looking statements reflecting management's current forecast of certain aspects of Callaway's future. Unless otherwise noted, financial numbers discussed on today's call are based on U.S. generally accepted accounting principles. In the few instances where we report non-GAAP measures, we reconciled the non-GAAP measures to the

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