CAMARILLO, Calif., Dec. 03, 2025 (GLOBE NEWSWIRE) -- via IBN – Newton Golf Company (NASDAQ: NWTG), a leader in physics-based golf shaft technology, today announced that the Company achieved its highest single-day sales total in history on Black Friday, driven by continued demand for the Fast Motion and Motion shaft families. The Company also confirmed that November 2025 is the strongest November sales month in Newton’s history. Black Friday generated the largest number of direct-to-consumer orders the Compa ...

Core Viewpoint - FST Corp. is set to host the First Annual KBS Open Competition in Taiwan on December 4-5, 2025, showcasing its KBS-branded golf shafts and enhancing brand visibility in the golf industry [1][2]. Group 1: Event Details - The KBS Open will take place at the Chiayi Palm Lakes Resort in Chiayi County, Taiwan, featuring approximately 60 professional and amateur golfers [2]. - The total purse for the competition exceeds $70,000, with the winner receiving more than $47,000, the runner-up nearly $16,000, and the third-place contestant around $6,400 [2]. Group 2: Streaming and Audience Engagement - The event will be streamed live on KBS Taiwan's Official Website, YouTube Channel, and Facebook Page, allowing for broad audience engagement [3]. - The CEO of FST Corp. expressed excitement about the event, highlighting the opportunity to connect with customers and business partners, including OEMs and golf club assemblers [3]. Group 3: Company Overview - Founded in 1989, FST Corp. specializes in manufacturing and selling golf club shafts and related products, targeting golf equipment brands, OEMs, distributors, and consumers through KBS Golf Experience retail outlets [4]. - The KBS brand is utilized by golfers at all levels, including professionals in major golf associations, and the company has established a vertically integrated business model that provides competitive advantages [4]. - FST Corp. is positioned for growth and expansion into under-tapped golf shaft markets, indicating a strategic focus on increasing market share [4].

Group 1: Topgolf Callaway Brands Corp. (MODG) - Topgolf Callaway Brands Corp. is engaged in the golf equipment, golf apparel, and accessories market [1] - The company has a Zacks Rank of 1, indicating strong performance potential [1] - The Zacks Consensus Estimate for its current year earnings has increased nearly 59% over the last 60 days [1] - Topgolf Callaway's shares have gained 33.1% over the last three months, significantly outperforming the S&P 500's advance of 5.8% [1] - The company possesses a Momentum Score of B, reflecting its strong momentum characteristics [1] Group 2: Kennametal Inc. (KMT) - Kennametal Inc. specializes in tungsten carbides, ceramics, and super-hard materials for metal cutting and extreme wear applications [2] - The company also holds a Zacks Rank of 1, indicating strong performance potential [2] - The Zacks Consensus Estimate for its current year earnings has increased by 25% over the last 60 days [2] - Kennametal's shares have gained 29% over the last three months, also outperforming the S&P 500's advance of 5.8% [2] - The company has a Momentum Score of B, indicating strong momentum characteristics [2]

Core Insights - Five stocks have been added to the Zacks Rank 1 (Strong Buy) List, indicating strong potential for investment returns Group 1: Company Earnings Estimates - Norwood Financial Corp. (NWFL) has seen a 16.6% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [1] - Kennametal Inc. (KMT) has experienced a 25% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [1] - Topgolf Callaway Brands Corp. (MODG) has seen a nearly 59% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [2] - Interface, Inc. (TILE) has experienced an 8.8% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [2] - Universal Health Services, Inc. (UHS) has seen a 6.7% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [3]

Core Viewpoint - FST Corp. will present at the Noble Capital Markets' 21st Annual Emerging Growth Conference on December 3, 2025, highlighting its position as a leading manufacturer and marketer of golf shafts and related services [1]. Group 1: Company Overview - FST Corp. was founded in 1989 and specializes in manufacturing and selling golf club shafts and other golf-related items, targeting golf equipment brands, OEMs, distributors, and consumers through its KBS Golf Experience retail outlets [4]. - The company's products, marketed under the KBS brand, are used by golfers at all levels, including many professional players in the PGA and other major golf associations [4]. - FST Corp. operates a vertically integrated business model that has established the KBS brand globally, providing significant competitive advantages over peer brands [4]. - The company is currently focused on growth strategies aimed at expanding into under-tapped golf shaft markets [4]. Group 2: Event Details - The presentation will be conducted by CFO Sebastian Tadla and VP of Investor Relations Kathee Lin at 5:00 PM Eastern Standard Time on December 3, 2025, at Florida Atlantic University [1]. - Interested investors and guests can attend the conference at a discounted rate using the code KBSXNOBLECON [2]. - A high-definition video webcast of the presentation will be available the following day on the company's website and will be archived for 90 days [3]. Group 3: Noble Capital Markets Overview - Noble Capital Markets, established in 1984, is a full-service broker-dealer providing investment and advisory services, with a strong research team and a proprietary research distribution platform called Channelchek [5]. - The firm has raised billions of dollars for companies and published over 45,000 equity research reports in its 40 years of operation [5]. - Channelchek, launched in 2018, is an investor community dedicated to emerging growth public companies, offering free, institutional-quality research [6].

Core Insights - Insiders at Newton Golf Co. have increased their ownership to 8.8% following significant stock purchases by senior executives, indicating confidence in the company's growth outlook [1][2] Financial Performance - Newton Golf reported a record revenue of $2.58 million in Q3, reflecting a 113% year-over-year growth, driven by strong demand for its Fast Motion shaft [3] - The company reaffirmed its 2025 revenue outlook, projecting between $7 million and $7.5 million [4] Strategic Initiatives - The company plans to introduce new premium shaft lines in 2026, further expanding its Motion-based technology platform [4] - Newton Golf is experiencing continued adoption of its products across major golf tours, including the PGA Tour Champions, LPGA, and Korn Ferry Tour, and has expanded distribution in Japan and South Korea [3] Company Overview - Newton Golf, formerly known as Sacks Parente, focuses on revolutionizing golf equipment design through the application of Newtonian physics, aiming to enhance golfers' performance with scientifically advanced tools [5]

Financial Performance - For Q3 2025, the company reported revenue of $12,554,939, a 47% increase from $8,527,875 in Q3 2024, driven by wider acceptance of KBS graphite shafts and increased U.S. OEM sales [1] - Gross profit margin for Q3 2025 improved to 39.2%, up from 38.8% in the prior year, attributed to increased KBS-branded programs [1] - The company had a net loss of $715,955, or $(0.02) per share, for Q3 2025, an improvement from a net loss of $1,757,891, or $(0.03) per share, in Q3 2024 [2] Year-to-Date Performance - For the first nine months of 2025, revenue reached $34,748,371, a 32% increase from $26,357,620 in the same period of 2024, primarily due to additional OEM sales [3] - Gross profit margin for the first nine months improved to 43.6%, compared to 41.9% in the prior year, driven by higher-margin product sales and improved operational efficiency [4] - The company reported a net loss of $6,543,002, or $(0.15) per share, for the first three quarters of 2025, compared to a net loss of $1,680,274, or $(0.03) per share, in the same period of 2024 [5] Cash Flow and Assets - As of September 30, 2025, cash and cash equivalents were $7,965,284, an increase of $1,162,916 during Q3 and up $2,866,864 from $5,098,420 at the end of 2024 [7] - Net cash provided by operating activities was $3,356,566 for the first three quarters of 2025, compared to $548,567 in the same period of 2024 [8] Strategic Initiatives - The company is launching a new product line, signing strategic partnerships to enhance OEM sales, expanding distribution channels in Asia and Europe, and implementing cost-control measures to improve margins [10] - The company expects all listing expenses related to its merger to be accounted for by the end of the year, which is anticipated to positively impact the bottom line in 2026 and beyond [10] Company Overview - FST Corp. manufactures and sells golf club shafts and other golf-related items, with a strong presence in the market through its KBS brand, utilized by golfers at all levels [11] - The company is positioned for expansion into under-tapped golf shaft markets, leveraging its vertically integrated business model for competitive advantages [11]

BOULDER, CO, Nov. 19, 2025 (GLOBE NEWSWIRE) -- FST Corp. (Nasdaq: KBSX), a leading manufacturer and marketer of steel and graphite golf shafts and a provider of other golf-related services, today announced that, for the third quarter ended September 30, 2025, the Company had revenue of $12,554,939, a 47 percent improvement compared with revenue of $8,527,875 for the third quarter ended September 30, 2024. This increase was primarily the result of wider wholesale market acceptance of KBS graphite shafts and ...

Core Viewpoint - The article emphasizes the importance of value investing as a successful strategy across various market conditions, highlighting the use of fundamental analysis to identify undervalued companies [2]. Group 1: Investment Strategy - Value investing is a popular stock market trend that focuses on identifying companies believed to be undervalued based on fundamental metrics [2]. - The Zacks Rank system, which emphasizes earnings estimates and revisions, is complemented by the Style Scores system to help investors find stocks with specific traits, particularly in the "Value" category [3]. Group 2: Company Analysis - TOPGOLF CALLAWAY (MODG) is identified as a strong value stock, currently holding a Zacks Rank of 1 (Strong Buy) and an A grade for Value [3]. - MODG has a price-to-sales (P/S) ratio of 0.49, which is lower than the industry average P/S of 0.78, indicating potential undervaluation [4]. - The combination of MODG's favorable P/S ratio and strong earnings outlook suggests it is an impressive value stock at present [5].

Core Insights - Newton Golf Company reported its largest revenue quarter in history with a 113% year-over-year revenue growth, achieving $2.58 million in Q3 2025 compared to $1.21 million in Q3 2024 [1][5] - The company reaffirmed its full-year revenue guidance of $7 million to $7.5 million, indicating over 100% growth year-over-year [5][12] Financial Performance - Q3 2025 revenue reached $2.58 million, a 113% increase from $1.21 million in Q3 2024 [5] - Gross profit for Q3 2025 was $1.73 million, up 115% year-over-year, maintaining a gross margin of 67% [5][9] - For the first nine months of 2025, revenue was $5.86 million, a 147% increase from $2.37 million in the prior year period [5] - Net loss for Q3 2025 was $1.58 million, compared to a net loss of $1.06 million in Q3 2024 [5] Market and Product Development - The company launched a dedicated Japanese e-commerce site in October 2025, targeting a market with approximately 11.4 million active golfers [7] - More than 60 professionals across major golf tours are using Newton shafts, enhancing brand credibility and consumer demand [6] - Fast Motion, a product line, experienced over 300% sales growth from Q2 2025 to Q3 2025 [6] Strategic Initiatives - The company is focused on expanding its tour presence, scaling professional club fitter and retail coverage, and deepening OEM engagement [7][10] - Discussions for OEM integration with major club manufacturers are underway, with three new premium shaft lines planned for launch in 2026 [11] - The golf equipment market is projected to grow at approximately 5% annually through 2030, with Newton positioned to benefit from this growth [11]