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Why golf club-maker callaway is transferring far from the fairway
with a document wide variety of new golfers teeing off in 2020, callaway, the maker of golfing balls, golf equipment, luggage and apparel, has been thriving. Callaway announced in may first-area net sales of $652 million, a 47% increase from a year in advance.

"callaway pre-covid was already the number one brand in sticks, i name it, that is putters, drivers and irons," stated jefferies analyst randy konik. "they were outpacing industry growth and that they were also variety  in balls behind titleist." 메이저사이트

callaway has made movements off the golf green as well. In march, the organisation completed its merger with golf leisure commercial enterprise topgolf, which combines virtual using ranges with food and cocktails.

"this is a transformative merger. It creates an entity that doesn't virtually mirror anything that presently exists, with the leader in clubs merging with the chief in golfing leisure," said callaway ceo chip brewer. Closing year, nearly 37 million players teed off at a golfing direction or participated in an off-route hobby like a driving variety. Nearly a 3rd of the u. S. Population watched, read about or performed golf in 2020.