Adams Golf reported net sales of $86.3 million for the year ended Dec. 31., up 13.4% over revenues of $76.1 million in the prior fiscal year.

 

Management said sales were primarily driven by the product sales of Idea a7 and a7 OS irons and hybrids, Idea Tech V3 irons and hybrids, Speedline F10 drivers and hybrid-fairway woods, Idea Pro Black family of irons and hybrids,  Idea a3 and a3 OS irons, Idea Tech a4 and a4 OS irons, hybrids and integrated iron sets.


By product segment, net sales of irons increased  14.4% to $58.9 million, or 68.3% of total net sales for the year from $51.5 million, or 67.7% of total net sales, for the comparable period of 2009. Net sales of fairway woods decreased 2.7% to $14.4 million, or 16.7% of total net sales, for the year from $14.8 million, or 19.4% of total net sales, for the comparable period of 2009.


Net sales of drivers increased to $11.4 million, or 13.3% of total net sales, for the year from $9.5 million, or 12.5% of total net sales, for the comparable period of 2009.  A large portion of the driver net sales was generated by sales of the Speedline F10 driver, which was launched in the first quarter of 2010, along with the Speedline 9064 driver, launched in the third quarter of 2010.
Net sales of products sold outside the United States increased 7.9% to $16.4 million, or 19.0% of total net sales, from $15.2 million, or 20.0% of total net sales, in the year-ago period.

 

Net sales resulting from countries outside the United States and Canada increased to 6.4% of total net sales for the year from 6.2% for the comparable period of 2009.