With a record number of new golf players teeing off in 2020, Callaway, the maker of golf balls, clubs, bags and apparel, has been thriving.Callaway revealed in May first-quarter net earnings of $652 million, a 47% boost from a year previously.” Callaway pre-Covid was already the primary brand name in sticks, I call it, which is irons, putters and chauffeurs,” said Jefferies expert Randy Konik. “They were surpassing industry growth and they were likewise second in balls behind Titleist. ” Callaway has made relocations off the fairway also. In March, the business completed its merger with golf entertainment service Topgolf, which integrates virtual driving varieties with food and cocktails.” This is a transformative merger. It produces an entity that does not really duplicate anything that presently exists, with the leader in golf equipment merging with the leader in golf home entertainment,” said Callaway CEO Chip Brewer.Last year, nearly 37 million players teed off at a golf course or took part in an off-course activity like a driving variety. Almost a third of the U.S. population saw, checked out or played golf in 2020. With motion picture theaters, travel and performances anticipated to rebound, will golf club-makers like Callaway and its rival Acushnet be able to maintain their momentum?Watch more: