Adams Golf, the U.S. golf company being acquired by Adidas Group, posted a 33 percent increase in net income to $4.0 million in the first quarter. Operating earnings jumped by 90 percent to $7.8 million despite a slight dip in its gross margin to 46.7 percent. Sales increased by 25 percent to $37.8 million, with a similar trend in the U.S. and internationally.

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