Welcome to our dedicated page for FST news (Ticker: KBSX), a resource for investors and traders seeking the latest updates and insights on FST stock.
FST Corp. (NASDAQ: KBSX) is a manufacturer and marketer of steel and graphite golf shafts and a provider of other golf-related services. News about FST Corp. frequently highlights developments in its KBS-branded shaft business, relationships with OEM partners, and activities that support the company’s vertically integrated golf equipment model.
On this page, readers can follow company announcements such as revenue updates, management commentary on operating performance, and details from quarterly and half-year financial results. Recent releases have discussed growth in sales of steel and graphite shafts, wider wholesale acceptance of KBS graphite shafts, and changes in operating expenses, along with management’s views on how these factors affect the company’s performance.
FST Corp. also issues news about strategic and operational initiatives. Examples include the rollout of the Shopify Plus e-commerce platform to consolidate direct-to-consumer, business-to-business, and point-of-sale channels, and the expected benefits of improved analytics, workflow automation, and integration with ERP systems. Other news items describe brand-building and customer engagement efforts, such as the First Annual KBS Open Competition in Taiwan, which features professional and amateur golfers using KBS-branded shafts.
Investors and golf industry followers can also see updates on FST Corp.’s participation in investor conferences hosted by organizations such as Noble Capital Markets, LD Micro, H.C. Wainwright, and Sidoti. Governance-related news, including the scheduling and results of the Annual General Meeting of Shareholders and the approval of the FST Corp. 2025 Equity Incentive Plan, is also covered. This news feed provides a centralized view of FST Corp.’s public communications, from financial disclosures to marketing and brand initiatives.
FST Corp. (NASDAQ:KBSX), a leading golf shaft manufacturer, reported significant financial results for H1 2025. The company achieved revenue of $22.19 million, marking a 24% increase from $17.83 million in H1 2024, driven by increased OEM sales. Despite improved gross profit margin of 46.0% (up from 43.4%), FST posted a net loss of $5.83 million ($(0.13) per share), compared to net income of $77,617 in H1 2024.
The bottom-line decline was attributed to a 40% increase in operating expenses, including $1.75 million in one-time listing expenses, a $1.88 million OTE derivative loss, and a $2.22 million foreign exchange loss. Excluding listing expenses, FST would have reported operating income of approximately $220,000. The company maintains sufficient liquidity with $6.80 million in cash and expects continued growth through new product launches and expansion in Asia and Europe.
FST Corp. (NASDAQ:KBSX), a leading golf shaft manufacturer, has announced its participation in the upcoming Sidoti August Virtual Investor Conference on August 20-21, 2025. The company's leadership team, including CEO David Chuang, CFO Sebastian Tadla, and Head of IR Kathee Lin, will be present.
The presentation is scheduled for Thursday, August 21, at 2:30 PM ET and will be accessible via webcast. Additionally, the company will conduct one-on-one meetings with investors during both conference days. Registration for the event is free and open to all interested parties, regardless of Sidoti client status.
FST Corp. (Nasdaq: KBSX), a leading golf shaft manufacturer, has announced its integration with Shopify Plus e-commerce platform to enhance operational efficiency. The platform consolidates the company's DTC, B2B, and POS operations, with POS integration expected in Q3.
The implementation provides several key benefits including ERP software integration, real-time DTC performance tracking, improved marketing analytics, social media sales capabilities, and enhanced dealer portal functionality. CEO David Chuang expects the move to streamline operations, reduce operating expenses, and improve both top and bottom-line performance.
FST Corp. (Nasdaq: KBSX), a leading golf shaft manufacturer, has announced plans to expand its Garden Grove, California fulfillment facility. The expansion will increase storage space by 155%, adding 5,424 square feet for a total of 8,922 square feet.
The enhanced facility aims to improve operational efficiency through better picking and packing areas, additional staging space, and improved inventory management. CEO David Chuang expects the expansion to support growth and contribute to improved financial performance. The project is scheduled for completion within 4-8 weeks.
FST Corp. (KBSX) reported significant sales growth correlated with professional golf tournament wins using their shafts in 2024. The company saw impressive results across multiple tours:
- PGA Tour: 6 tournament wins led to 40.3% sales increase in post-tournament periods - LIV Tour: 2 tournament wins resulted in 47.0% sales growth - LPGA Tour: 8 victories drove 3.4% sales increase
Overall, FST experienced a 23.6% increase in two-week post-tournament sales across all 16 tournaments compared to 2023. The company projects a 35% total revenue growth for 2024 versus 2023. CEO David Chuang attributes this success to R&D and manufacturing advances in shaft technology, with the company's products securing over 90 wins across various tours from 2021-2024.
FST Corp. (NASDAQ: KBSX), a leading golf shaft manufacturer, has announced several key managerial appointments effective April 29, 2025. Sebastian Tadla, former Accounting and Finance Director, has been promoted to Chief Financial Officer. Marie Wen-Chi Chao, the previous CFO, moves to the newly created position of Executive VP of General Administration and Compliance. Warren Cheng-Teng Huang, former COO, becomes President and Head of Production and Supply Chains. Rob Cheng, previously General Manager of FST America, takes on the role of President and Head of FST Golf, overseeing global golf shaft sales and marketing.
The appointments reflect FST's strategic focus on growth and operational refinement, with CEO David Chuang expressing confidence in the new leadership team's ability to drive improvements in both top and bottom lines for 2025 and beyond.
FST Corp. (Nasdaq: KBSX) has launched a new graphite golf shaft called KBS PGW (Player's Graphite Wood), designed specifically for fairway woods. The product, developed by KBS director of R&D Kim Braly, aims to help golfers with lower swing speeds achieve better performance through improved launch angles and spin control.
The shaft is being distributed through authorized KBS dealers and custom shaft fitting centers nationwide in five weight classes. FST CEO David Chuang expressed confidence in the product's market potential, highlighting its ability to enhance both distance and accuracy in the woods category. The company projects first-year revenue from KBS PGW to range between $1.0 and $1.5 million.
FST Corp and Chenghe Acquisition I Co. have successfully completed their business combination, with FST Corp's ordinary shares set to begin trading on the Nasdaq Global Market under the ticker symbol KBSX on January 16, 2025. The merger, approved by Chenghe's shareholders on December 23, 2024, marks FST's transition to becoming a public company.
FST, an innovative golf shaft manufacturer, aims to leverage this strategic move to accelerate growth and enhance its capabilities in the global golf shaft and equipment market. The Nasdaq listing is positioned as a important step in the company's expansion plans, potentially strengthening its position as a global player in the industry.