FST Corp. Expands European Presence With the Opening of a New UK Office
FST Corp (NASDAQ: KBSX) opened a new United Kingdom office in Wokingham, expanding its presence in the UK and European golf markets.
Rhea-AI Summary
FST Corp (NASDAQ: KBSX) opened a new United Kingdom office in Wokingham, expanding its presence in the UK and European golf markets. The site functions as a marketing, education, and logistics hub, supporting over 500 UK retail golf shops and future outreach to European “heads-only” retailers.
The office will back DP World Tour players, maintain Tour stock, and enhance OEM liaison work. According to FST, local representation and this operational base are expected to drive double-digit regional revenue growth in 2026 and strengthen KBS brand awareness.
Positive
- New UK office in Wokingham to serve as European marketing and logistics hub
- Direct engagement with over 500 UK retail golf shops to support sales growth
- Planned expansion into European “heads-only” retailers for shaft and grip supply
- Support for DP World Tour players and regional OEM liaison work from UK base
- Company anticipates double-digit revenue growth in the UK region in 2026
- Localized OEM relationship management expected to generate significant incremental revenue and brand awareness
Negative
- None.
Details
News Market Reaction – KBSX
On May 21, the day this news came out, KBSX closed 1.41% below the previous close.
Data tracked by StockTitan Argus for the May 21 session.
Key Figures
- Retail golf shops
- over 500 shops
- Number of UK retail golf shops targeted by new office
Historical Context
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Reported 36.2% revenue growth and a swing to net income.
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Announced 31% revenue growth and narrowed full-year net loss.
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Scheduled audited 2025 results release and related earnings call.
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Announced ROTH conference attendance and KBS Golf Putter Fitting event.
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Reported 30%+ revenue growth with ongoing but adjusted lower losses.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
oem technical
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Boulder, Colorado--(Newsfile Corp. - May 21, 2026) - FST Corp. (NASDAQ: KBSX) ("FST", or the "Company), a leading manufacturer and marketer of steel and graphite golf shafts and a provider of other golf-related services, today announced the opening last month of its new United Kingdom office, a move designed to deepen the Company's presence in the UK and the European Union golf markets.
Located at Full Swing Office Park in Wokingham, England, the office serves as a combined marketing, education, and logistics hub for FST's European operations. The office, manned by a dedicated team including a certified fitter, tour representative, and a UK territory sales manager, will primarily focus on sales development and customer service, including direct engagement with distributors and over 500 retail golf shops in the UK.
Going forward, said the Company, FST will expand these efforts to target European retailers, many of which operate on a "heads-only" model, purchasing club heads separately and sourcing shafts and grips independently. This model, said chief executive David Chuang, creates an opportunity for FST to supply these European retailers with shafts directly or through FST's established distributor network.
The Company's new UK office, he said, will also support players on the DP World Tour, maintain Tour stock inventory, and facilitate OEM liaison work and EU program development with regional equipment partners.
Mr. Chuang added that the new UK facility features a golf simulator with fitting capabilities used for demonstrations and education, along with a small warehouse space to support European tour operations and limited shipping throughout the region.
The United Kingdom is currently the fourth-largest golf market in the world, behind the United States, Japan, and Korea. FST has experienced steady growth in the region in recent years and, with local representation now in place and the new UK operational office, Mr. Chuang said the Company anticipates double-digit revenue growth in the region in 2026.
"This expansion strategically complements our existing positions in Korea and Japan, further diversifying our international footprint while strengthening our connection with European fitters, distributors, pro shops, and small OEM customers," said Mr. Chuang.
While large OEM programs continue to be managed centrally through FST's U.S. corporate offices, the CEO said, the UK operation enables direct relationship management for smaller, local OEM programs.
This localized engagement, he stated, is expected to generate "significant incremental revenue while strengthening FST and KBS brand awareness among distributors, fitters, and pro shops across the region."
About FST Corp.
Founded in 1989, FST Corp. manufactures and sells golf club shafts, along with other golf-related items, to golf equipment brands, OEMs, distributors, and consumers via the company's KBS Golf Experience retail outlets. FST's equipment, marketed under the KBS brand, is utilized by golfers at all levels, including many professional players participating in the PGA and other major golf associations. The company's product portfolio, retail presence, and golf-related services are part of a vertically integrated business model that has established the KBS brand on a global scale and created significant competitive advantages over peer brands. The company's growth strategies currently position it for expansion into under-tapped golf shaft markets.
Forward-Looking Statements
This press release contains forward-looking statements regarding future expectations, plans, and prospects, as well as statements that are not historical facts. These statements involve known and unknown risks, uncertainties, and assumptions based on the Company's current expectations about events that may impact its financial condition, results, strategy, and needs. Forward-looking statements can often be identified by terms such as "may," "will," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "likely," and similar expressions.
The Company assumes no obligation to update or revise these statements to reflect new events or changes in expectations, except as required by law. While these statements reflect reasonable expectations, actual results may differ materially. Investors are encouraged to review the Company's registration statement and SEC filings for additional information on factors that may impact future results.
Company Contact:
FST Corp.
1801 13th Street, Suite 306,
Boulder, CO 80302
Office: 303-444-2226
Email: investorrelations@fstshafts.com
Investor Relations Inquiries:
Skyline Corporate Communications Group, LLC
Scott Powell, President
1177 Avenue of the Americas, 5th Floor
New York, New York 10036
Office: (646) 893-5835
Email: ir@skylineccg.com
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/298082
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