TOPGOLF CALLAWAY BRANDS CORP. Item 7.01 Regulation FD Disclosure.
On
The information furnished in this Current Report on Form 8-K shall not be deemed to be "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any registration statement or other filing under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such filing.
Forward-Looking Statements
Statements used in this Current Report on Form 8-K that relate to future plans,
events, performance, or prospects, including statements relating to the
resumption, ramping up or continued operation of the Company's distribution
centers and manufacturing plants, the ability to protect the Company's employees
and the adequacy of the protective gear, social distancing guidelines and other
preventive or safety measures, are forward-looking statements as defined under
the Private Securities Litigation Reform Act of 1995. These forward-looking
statements are based upon current information and expectations and speak only as
of the date hereof and are not guarantees of future performance. Accurately
estimating the forward-looking statements is based upon various risks and
unknowns, including the uncertainty of the duration, scope and impact of
COVID-19; a further spread or worsening of COVID-19; any further regulatory
actions taken in response to COVID-19, including the future shutdown of or
restrictions on the Company's distribution centers or manufacturing plants; the
effectiveness of the Company's protective gear, social distancing guidelines,
and other preventive or safety measures; any further increased costs or
disruption to the Company's business as a result of COVID-19, including
disruptions to business operations from travel restrictions, mandated
quarantines or voluntary "social distancing" that affects employees, customers
and suppliers; production delays, closures or disruptions of any of the
Company's facilities, retail locations, warehouses and supply and distribution
chains; staffing shortages as a result of remote working requirements or
otherwise; uncertainty regarding global economic conditions, whether related to
COVID-19 or otherwise, and related decreases in customer demand and spending;
competitive pressures; future consumer discretionary purchasing activity, which
can be significantly adversely affected by unfavorable economic or market
conditions; and future retailer purchasing activity, which can be significantly
negatively affected by adverse industry conditions and overall retail inventory
levels. Actual results may differ materially from those estimated or anticipated
as a result of these risks and unknowns or other risks and uncertainties,
including the effect of terrorist activity, armed conflict, natural disasters or
pandemic diseases, including expanded outbreak of COVID-19, on the economy
generally, on the level of demand for the Company's and its subsidiaries'
products or on the Company's ability to manage its operations, supply chain and
delivery logistics in such an environment. For additional information concerning
these and other risks and uncertainties that could affect these statements, the
golf and apparel industries, and the Company's business, see the Company's
Annual Report on Form 10-K for the year ended
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