Callaway Golf (CALY) risk factors

Item 1A of every Callaway Golf Co. 10-K on file, and what changed from one year to the next. Readings are automated and can be wrong; check the filing for the exact wording.

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FY2025 10-K risk factors
50 risks4 new22 dropped24 reworded
Callaway Golf Co highlights risks from its January 2026 sale of a 60% Topgolf stake, leaving it as a non-controlling minority owner with restricted liquidity.
Filed Feb 27, 2026
FY2024 10-K risk factors
68 risks
Topgolf Callaway Brands faces significant risk from discretionary spending trends, same venue sales declines, and labor cost pressures.
Filed Mar 03, 2025