Callaway Golf Co 8-K

What Happened

• On February 27, 2026, Callaway Golf Company filed an 8-K disclosing a strategic realignment after selling its Topgolf and Jack Wolfskin businesses. The company has transitioned to two reportable segments — Golf Equipment and Apparel, Gear and Other — to reflect its new operating structure.
• Callaway reclassified operating results for Topgolf and Jack Wolfskin as discontinued operations for all periods presented and furnished Exhibit 99.1, which contains supplemental schedules recast to exclude historical financial results for those businesses for the years ended December 31, 2025 and 2024 (including each fiscal quarter). The supplemental information is for comparability only, does not restate past consolidated financial statements, and is being furnished (not “filed”) under Regulation FD.

Key Details

• Filing date: February 27, 2026 (Current Report on Form 8-K).
• New reportable segments: Golf Equipment; Apparel, Gear and Other.
• Topgolf and Jack Wolfskin: reclassified as discontinued operations and excluded from segment results for all periods presented.
• Exhibit 99.1: supplemental financial information recast to exclude those divested businesses for FY2025 and FY2024 (and each quarter); no impact on previously issued consolidated financial statements.

Why It Matters

• For investors and analysts, segment results, revenue and margin comparisons will change going forward because the divested businesses are now treated as discontinued operations and removed from segment reporting. The supplemental schedules are provided to help compare historical quarterly and annual metrics on a pro forma basis.
• This is an accounting/reporting change tied to divestitures, not a restatement of past financial statements; consolidated financial results previously reported remain unchanged. The furnished status of the exhibit means it’s provided for information under Regulation FD and is not subject to certain Exchange Act filing liabilities.