Net income, benefitting from a $45.8 million income tax benefit, rose by 11% to $117.4 million from $105.4 million in Q2 ended June 30, as combined products and services revenues grew 6% to $1,179.7 million from $1,115.7 million. Sales in the U.S. increased 11% to $886.7 million but fell by 16% in Europe to $120.2 million. Asia was essentially flat at $128.2 million, while Rest of World increased by 21% to $44.6 million.

Topgolf revenues increased by 17% to $470.8 million, driven by new venues and same venue sales growth of 1%, ... Log in to view full article.