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Article Date: April 2022
Word Count: 833

Callaway Sees Topgolf Driving Growth in New Strategic Plan

Callaway is eyeing growth from increasing product diversity through Topgolf and apparel, outlining how the off-course game and pandemic-driven activewear and outdoor boom are shifting its sales makeup while continuing to grow golf equipment during its 2022 Investor Day. ELY announced preliminary first quarter results in conjunction with the event. Q1 ’21 revenue totaled $1.04B, coming in $15 million over the high end of guidance and up 60% year-over-year. Each segment saw growth in the quarter, with equipment benefiting from club and golf ball demand aided by supply chain improvements, especially late in the quarter. Topgolf also exceeded guidance, rebounding ... Log in to view full article.


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