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Why golf club-maker Callaway is moving away from the fairway – CNBC

Callaway completed its merger with golf entertainment business Topgolf in March.

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With a record number of new golfers teeing off in 2020, Callaway, the maker of golf balls, clubs, bags and apparel, has been thriving.
Callaway announced in May first-quarter net revenue of $652 million, a 47% increase from a year earlier.
“Callaway pre-Covid…

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