The sport has grown in popularity during the pandemic --it's easy to social distance on the course -- benefiting equipment and apparel sellers like Callaway (NYSE: ELY). As we head into summer 2022, Topgolf is recovering nicely from its pandemic slump. Callaway reported its Q1 earnings on May 10.
Joining me as speakers on today's call are Chip Brewer, our president and CEO; and Brian Lynch, our chief financial officer. Patrick Burke, Callaway's SVP of global finance; and Jennifer Thomas, our chief accounting officer, are also in the room today for Q&A. Earlier today, the company issued a press release announcing its first quarter 2022 financial results.
Callaway (ELY) delivered earnings and revenue surprises of 50% and 0.01%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?