Callaway's investment in Topgolf has hit a snag, with the driving range chain's growth slowing down. Despite its initial success, Topgolf's revenue and profits have plateaued. The company's parent, Callaway, had high hopes for Topgolf's expansion, but it seems that the market is becoming increasingly competitive.

Source: https://www.ft.com/content/d9ab4455-e191-497f-80a7-207a01d80ced