Core Insights - FST Corp. reported a positive correlation between professional golf tour wins by golfers using its golf shafts and subsequent increases in company revenue [1][6] Group 1: Performance Metrics - On the 2024 PGA Tour, golfers using KBS-branded shafts won six tournaments, leading to sales increases of 9% to 102% in the two weeks following these events compared to the same periods in 2023 [2] - Cumulatively, FST experienced a 40.3% increase in sales in the two weeks after these PGA Tour victories compared to the same time frame in 2023 [3] - During the 2024 LIV tour, wins in two tournaments resulted in a cumulative sales increase of 47.0% in the two weeks following these events compared to the same periods in 2023 [4] - The 2024 LPGA Tour saw eight victories by golfers using the company's shafts, with a cumulative 3.4% increase in sales in the two weeks post-tournament compared to the same periods in 2023 [5] - Overall, total two-week post-tournament sales improvements across all 16 tournaments in 2024 were 23.6% compared to the same periods in 2023 [5] Group 2: Company Outlook - The CEO of FST Corp. stated that the success of the company's shafts on professional tours is attributed to advancements in R&D and manufacturing, which have improved launch angles, control of ball trajectory, and shot distance without increasing shaft weight [6] - Total revenue for 2024 is projected to improve by approximately 35% over 2023 levels [6] Group 3: Company Background - Founded in 1992, FST Corp. manufactures and sells golf club shafts and other golf-related items, establishing a strong global presence with its KBS brand [8] - The company's product portfolio and retail presence are part of a vertically integrated business model that provides significant competitive advantages over peer brands [8] - Current growth strategies position the company for expansion into the PRC and other under-tapped golf shaft markets [8]

BOULDER, CO, May 06, 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, on April 29, 2025, its board of directors made the following appointments to key managerial positions in the Company. Sebastian Tadla, 38, who had been serving as FST’s Accounting and Finance Director since 2016, was appointed Chief Financial Officer, replacing Marie Wen-Chi Chao. As Accounting and F ...

Core Insights - Newton Golf has launched the Newton Fast Motion shaft, priced at $325, which is designed for enhanced swing speed and precision for golfers [1][2] - The company experienced a remarkable 887% revenue growth in FY2024, attributed to the successful adoption of its advanced shaft lineup [2] - The Fast Motion shaft has gained traction on professional tours, with over 30 professionals using Newton Motion shafts [3][5] Product Features - The Fast Motion shafts utilize high-modulus Toray carbon fibers, reducing weight by approximately 10 grams compared to the previous Motion series while maintaining stability and control [6][7] - The shaft incorporates four core technologies: Elongated Bend Profile, Kinetic Energy Storage Optimization, Symmetry 360 Construction, and Variable Bend Profile, catering to various swing speeds [8][9] - The design features a distinctive red-to-gold finish that changes color under sunlight, emphasizing its aesthetic appeal [7] Market Positioning - The demand for lightweight performance shafts is increasing, particularly among club fitters and moderate swing speed players, positioning the Fast Motion series for continued growth [10] - The new shaft line reflects the company's commitment to supporting golfers seeking additional swing speed through lighter driver shafts [7]

Core Insights - Newton Golf Company has appointed Andy Harris and Jeff Opheim as Tour representatives for the PGA TOUR, PGA TOUR Champions, and Korn Ferry Tour, while Aki Yorihiro will represent the LPGA and PGA TOUR Champions, enhancing the brand's visibility in professional golf [1][2] Group 1: Appointments and Roles - Andy Harris will serve as Tour Representative for the PGA TOUR and Korn Ferry Tour, bringing extensive experience and industry relationships [3][4] - Jeff Opheim has been appointed as Tour Representative for the PGA TOUR Champions, leveraging decades of experience in the professional golf community [5][6] - Aki Yorihiro, the Founder and Chief Technology Officer, will focus on attracting top players to showcase the performance benefits of Newton Golf's technologies [8] Group 2: Company Strategy and Technology - The professional tours are seen as a validation ground for Newton Golf's technology and a source of valuable swing data that informs product development [2] - Newton Golf's products, including Newton Motion shafts and Gravity putters, are trusted by over 30 professionals on the PGA TOUR Champions and LPGA Tour [9][11] - The company aims to empower golfers with scientifically advanced tools that enhance consistency and accuracy in their game [11]