FST Corp. Reports Significant Spike in Sales Following Tournament Wins in 2024

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[{"type":"image","alt":"FST Corp.","displaySize":"","headline":null,"caption":"FST Corp.","className":"","disableSlideshowImg":false,"size":{"original":{"width":300,"height":123,"url":"https://media.zenfs.com/en/globenewswire.com/80b8f3d2f83cff420a3af8113551b712"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/pukRXYswpSfbKb4vWqQhNA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTE3MjtjZj13ZWJw/https://media.zenfs.com/en/globenewswire.com/80b8f3d2f83cff420a3af8113551b712","width":300,"height":123}},"lazy":false},{"type":"text","content":"BOULDER, CO, May 08, 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 reported a positive correlation between professional golf tour wins by golfers using the company’s golf shafts, and ensuing company revenue.","length":335,"tagName":"p"},{"type":"text","content":"On the 2024 PGA Tour, golfers using clubs made with the company’s KBS-branded shafts achieved wins in six tournaments – the Mexico Open, Valero Texas Open, Zurich Classic of New Orleans, Myrtle Beach Classic, Charles Schwab Challenge, and Rocket Mortgage Classic. In the two-week periods directly following these tournaments, the company achieved increases in sales of its golf shafts ranging from 9 to 102 percent compared to the identical 14-day periods in 2023.","length":464,"tagName":"p"},{"type":"text","content":"Cumulatively, in the two-week periods immediately following these tour victories, FST achieved a 40.3 percent increase compared to the same 14-day periods in 2023.","length":163,"tagName":"p"},{"type":"text","content":"During the 2024 LIV tour, golfers using clubs made with the company’s shafts achieved wins in two tournaments -- the LIV Golf Las Vegas Event and the LIV Golf Miami Event. In the two-week periods directly following these tournaments, the company achieved cumulative increases in sales of its golf shafts of 47.0 percent compared to the identical 14-day periods in 2023.","length":369,"tagName":"p"},{"type":"text","content":"The 2024 LPGA Tour featured eight victories by golfers using the company’s shafts, with a cumulative 3.4 percent increase in two-week post-tournament shaft sales compared to the same 14-day periods in 2023.","length":206,"tagName":"p"},{"type":"text","content":"Total two-week post-tournament sales improv...

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