Jack Wolfskin parent company Topgolf Callaway slips into the red in third quarter

US retail group Topgolf Callaway Brands Corp. has closed the third quarter of the 2024 fiscal year with a drop in sales and red figures. The company, which includes the German outdoor equipment retailer Jack Wolfskin, subsequently lowered its annual forecasts, as management further confirmed plans to divest from the Topgolf golf simulator division.