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Topgolf Swings into Summer with Serious Value and Fun

1. Topgolf introduces daily deals to attract more players this summer. 2. The Summer Fun Pass offers unlimited play for a fixed fee. 3. Topgolf reduces game play prices amidst challenging economic conditions. 4. New menu items and themed experiences enhance customer engagement. 5. Topgolf's advertising campaign emphasizes affordable premium experiences.

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Why Bullish?

Increased value offers and a fun atmosphere can attract more customers, boosting revenue for MODG. Historical examples show that promotions often generate positive customer response and higher foot traffic, which supports stock growth.

How important is it?

The article outlines significant efforts by Topgolf to enhance value, which could drive customer volumes and revenue, directly impacting MODG's financial performance. Given that Topgolf is a core brand under MODG, these developments strongly influence investor outlook on the stock.

Why Short Term?

The immediate promotions and campaigns already activated suggest an expected boost in guest visits this summer, potentially leading to higher short-term revenue. Comparatively, similar initiatives in the past led to an uptick in sales during promotional periods.

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New daily deals, a fan-favorite Summer Fun Pass, cool treats and more make Topgolf THE place to play this summer, /PRNewswire/ -- Topgolf is doubling down on fun this summer with a new lineup of daily value offers and some seriously good bites, all designed to help Players save their green – for the greens. We get it – times are tight, but that shouldn't stop you from planning a great time with friends and family. That's why we're flipping the script and giving Players more for less. Topgolf Swings into Summer with Serious Value and Fun Cool off with Topgolf’s non-alcoholic Basil Peach Palmer. The Rocket Berry Mojito is a tasty adult option made with Red Bull® The Red, White and Boba is a refreshing non-alcoholic option perfect for every holiday. Frozen cocktails with a swirl option and non-alcoholic drink options are available all summer long at Topgolf. "Topgolf exists to bring joy to all Players, experts and novices alike, by creating more ways to play the game of golf – and making our play more affordable," said Topgolf CEO Artie Starrs. "We're meeting Players where they are in these uncertain economic times by reducing game play pricing, serving up affordable food and beverage options, and leveling up the in-venue experience. It's a premium experience without the premium price tag." Here's the gist: Every day of the week, Players across the country can cash in on value offers specific to their markets: Sunday Funday, Half-Off Golf Monday through Thursday, and Topgolf Nights on Friday and Saturday. Players can expect reduced hourly game play fees and a bevy of affordable food and beverage options priced with the group in mind. Here's what's teeing off: The Value LineupHalf-Off Golf: That's right – 50% off golf all day long this summer only, Monday through Thursday in all U.S. venues (excluding Myrtle Beach) beginning June 9. No frills, but we're definitely keeping it chill as we double the fun at half the price.Sunday Funday: A seriously fun outing for the entire family. Players can enjoy game play for $30-$40 per hour (prices and availability vary by market). Expect a Teeline Treat Trolley (Trolli® Gummi Pops and other cold treats) and access to a Funday Faves Platter ($34-$38), which feeds up to six people and is complete with one full order of warm pretzel bites, cheesy macaroni bites, six buttermilk fried chicken sliders, tortilla chips and salsa, queso blanco and ranch for dipping. Not available at Chattanooga, Augusta and Las Vegas; price varies by market.Topgolf Nights: This one's for the socialites, night owls and glow-getters. Bring your crew to Topgolf from 10 p.m. to close on Friday and Saturday and enjoy game play at the low price of $30-$40 per hour. Prices and availability vary by market. Summer Fun Pass: Eat. Play. Repeat. All summer long. Topgolf is bringing back its Summer Fun Pass, an all-access pass to endless game play for Players, Memorial Day to Labor Day, for them and five of their friends for $250. It ultimately pays for itself in less than three visits! Passholders get unlimited visits with two hours of game play Monday-Friday from 9 a.m. to 5 p.m. and Saturday and Sunday before noon, plus 10% off food and non-alcoholic beverages. Get all the details at www.topgolf.com/funpass.Limited-Time Menu ItemsTopgolf is launching a summer vibe so cool, it needs a fan (actually, we're installing more of those, too). Think: Frozen cocktails (Lemonade, Margarita and Pina Colada) with a swirl upgrade and a Rocket Berry Mojito made with Red Bull®; tasty non-alcoholic options perfect for every holiday (Red, White & Boba and Basil Peach Palmer); a Teeline Treat Trolley with novelty cold treats; take-home cold cups that will keep your draft beer nice and crisp; and $5 Beers and $6-8 Margaritas (price is market dependent).Experience inspired by "The Fantastic Four: First Steps" Players can flex their fantastic powers from June 30 through Sept. 15 with a new in-venue experience inspired by Marvel Studios' "The Fantastic Four: First Steps," in theaters July 25. Bonus: Bring your fantastic four or more and receive a free order of donut holes-in-one - available all day, every day at all U.S. locations."You're Better Off at Topgolf" Advertising Campaign We're in the business of creating fun experiences at Topgolf, and we take that responsibility really seriously. Players are faced with choices every day: where to eat, where to play, and where to hang with friends and family – all while considering options that don't break the bank. At Topgolf, value and premium experiences aren't mutually exclusive.Topgolf's newest ad campaign brings this reality to life on June 9 across national and local streaming, digital and social channels. The campaign assets were developed in partnership with Topgolf's creative agency of record, Anomaly. See all the current spots here.About Topgolf A Topgolf Callaway Brands Corp. (NYSE: MODG) brand, Topgolf is the ultimate instigator of play. Thanks to our 100+ venues around the globe, which are powered by industry-leading Toptracer technology, we're leading the charge of modern golf. We offer a variety of tech-driven games, a top-tier food and drink menu, space to host large events, and a vibe focused on more play for all. To learn more, plan an event, or make plans to come play around, visit topgolf.com.About Topgolf Callaway BrandsTopgolf Callaway Brands Corp. (NYSE: MODG) is an unrivaled tech-enabled Modern Golf and active lifestyle company delivering leading golf equipment, apparel, and entertainment, with a portfolio of global brands including Topgolf, Callaway Golf, TravisMathew, Toptracer, Odyssey and OGIO. "Modern Golf" is the dynamic and inclusive ecosystem that includes both on-course and off-course golf. For more information, please visit https://www.topgolfcallawaybrands.com.For further information: [email protected]SOURCE Topgolf WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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