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COBRA GOLF REPORTS HUGE JUMP IN NET INCOME AND SALES
Published January 20, 1995
Cobra Golf Inc. reported a net income of $5.2M for the 4th quarter ending December 31, an increase of 220% from net income of $1.6M for the same quarter in '93. The company's net sales increased by 130% to $29M in the quarter up from $12.6M in '93. Cobra attributes the increase in net sales and net income to continued demand for all of its oversize product lines, which the company claims is partially a result of their increased marketing efforts (Cobra).