-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, LxaOiaU+IBdiJKmjSDu0pfSDV+TEI9URdW6KwuZncLXfES6vxWkmAQEHyX/JB5Lf zLlEzJc5TETtW0FgDiitIQ== 0000950134-08-012764.txt : 20080715 0000950134-08-012764.hdr.sgml : 20080715 20080715172401 ACCESSION NUMBER: 0000950134-08-012764 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20080715 ITEM INFORMATION: Results of Operations and Financial Condition ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20080715 DATE AS OF CHANGE: 20080715 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ADAMS GOLF INC CENTRAL INDEX KEY: 0001059763 STANDARD INDUSTRIAL CLASSIFICATION: [3949] IRS NUMBER: 752320087 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-33978 FILM NUMBER: 08953548 BUSINESS ADDRESS: STREET 1: 2801 EAST PLANO PARKWAY CITY: PLANO STATE: TX ZIP: 75074 BUSINESS PHONE: 9726739000 MAIL ADDRESS: STREET 1: 2801 EAST PLANO PARKWAY CITY: PLANO STATE: TX ZIP: 75074 8-K 1 d58422e8vk.htm FORM 8-K e8vk
 
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) July 15, 2008
ADAMS GOLF, INC.
(Exact name of registrant as specified in its charter)
         
Delaware   001-33978   75-2320087
(State or other jurisdiction of incorporation)   (Commission File Number)   (IRS Employer Identification No.)
         
2801 E. Plano Pkwy, Plano, Texas
  75074
(Address of principal executive offices)
  (Zip Code)
Registrant’s telephone number, including area code (972) 673-9000
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
o   Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
o   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
o   Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
o   Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 

 


 

Item 2.02 Results of Operations and Financial Condition.
     On July 15, 2008, the registrant released information regarding the registrant’s results of operations for the quarterly period ended June 30, 2008. The text of the release is included herewith as Exhibit 99.1.
     The information in this report furnished pursuant to Item 2.02 of this report shall not be considered or deemed to be “filed” under the Exchange Act or for purposes of Section 18 of the Exchange Act or otherwise subject to the liabilities of that section and all exhibits to this report relating to Item 2.02 of this report are intended to be, and shall be, deemed furnished and not filed and such information and exhibits shall not be incorporated by reference into any filing under the Securities Act or the Exchange Act, notwithstanding any general incorporation language in such filing.
Item 9.01 Financial Statements and Exhibits.
     (d) Exhibits.
     
Exhibit   Description of Exhibit
99.1
  Press Release (furnished herewith pursuant to Item 2.02 of this Form 8-K)

 


 

SIGNATURES
     Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
         
  ADAMS GOLF, INC.
 
 
Date: July 15, 2008  By:   /s/ Eric Logan    
  Name: Eric Logan   
  Title: Chief Financial Officer   
 

 

EX-99.1 2 d58422exv99w1.htm PRESS RELEASE exv99w1
Exhibit 99.1
(ADAMS LOGO)
NEWS RELEASE
FOR IMMEDIATE RELEASE
Adams Golf Announces Revenue Growth Range for Second Quarter 2008
PLANO, TEXAS, July 15, 2008 – Adams Golf (NasdaqCM:ADGF) today announced that it expects its second quarter revenues to grow 6-10% from the $30.4 million it recorded in the second quarter of 2007. The Company expects to file its second quarter Form 10-Q on August 4, 2008 and host a live conference call to discuss its financial results on August 5, 2008.
“In light of today’s economic conditions, we are pleased with our second quarter revenue growth,” said Mr. Chip Brewer, CEO and President of Adams Golf. “Equally if not more importantly, we continue to make progress in developing our brand positions and market share.”
More details on the Company’s second quarter financial results conference call will be provided in a press release to be filed concurrently with the filing of the Company’s second quarter 10-Q.
This press release contains “forward-looking statements” made under the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. The statements include, but are not limited to statements using terminology such as “may,” “will,” “expect,” “expects,” “expected,” “progress,” “forward,” “future,” “intend,” “estimate,” “anticipate,” “plan,” “seek” or “believe,” and “belief.” Such statements reflect the current view of the Company with respect to future events and are subject to certain risks, uncertainties and assumptions related to certain factors including, without limitation, the following: the ability to maintain historical growth in revenue and profitability; the ability to generate sufficient revenue to cover our investments; retail inventory levels and their effect on future orders; the ability to generate shareholder value; product development difficulties; product approval and conformity to governing body regulations; assembly difficulties; competing product introductions; patent infringement risks; uncertainty of the ability to protect intellectual property rights; market demand and acceptance of products; the impact of changing economic conditions; the success of our marketing strategy; the success of our tour strategy; our dependence on a limited number of customers; business conditions in the golf industry; reliance on third parties, including suppliers; the actions of competitors, including pricing, advertising and product development risks concerning future technology; the management of sales channels and re-distribution; investor audience, interest or valuation; and events and other factors detailed under “Risk Factors” in our Securities and Exchange Commission filings. These filings can be obtained by visiting the corporate governance section of our website at www.adamsgolf.com or by contacting Adams Golf Investor Relations at InvestorInfo@adamsgolf.com.
Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to be correct. Based upon changing conditions, should any one or more of these risks or uncertainties materialize, or should any underlying assumptions prove incorrect, actual results may vary materially from those described herein. Except as required by federal securities laws, Adams Golf undertakes no obligation to publicly update or revise any written or oral forward-looking statements, whether as a result of new information, future events, changed circumstances or any other reason after the date of this press release. All subsequent written and oral forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by the applicable cautionary statements.
For more information, please contact:
Patty Walsh
Director, Investor Relations
Adams Golf — (972) 673-9000
InvestorInfo@adamsgolf.com

 

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