Workflow
Fox(FOXF)
icon
Search documents
How Much Upside is Left in Fox Factory Holding (FOXF)? Wall Street Analysts Think 35.62%
ZACKS· 2025-05-12 15:01
Fox Factory Holding (FOXF) closed the last trading session at $23.78, gaining 20% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $32.25 indicates a 35.6% upside potential.The average comprises eight short-term price targets ranging from a low of $24 to a high of $50, with a standard deviation of $8.60. While the lowest estimate indicates an increase of 0.9% from the current price ...
Is Fox Factory Holdings (FOXF) Stock Undervalued Right Now?
ZACKS· 2025-05-12 14:45
Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use tried-and-true metrics and fundamental a ...
Fox Factory Holding Corp. (FOXF) Q1 2025 Earnings Conference Call Transcript
Seeking Alpha· 2025-05-11 07:46
Core Viewpoint - Fox Factory Holding Corp. is conducting its Q1 2025 earnings conference call, indicating a focus on business updates and financial performance for the quarter [1][3]. Group 1: Company Overview - The conference call is led by key executives including the Chief Executive Officer, Chief Financial Officer, and Chief Legal Officer, highlighting the importance of leadership in communicating the company's performance [3][4]. - The earnings release for Q1 2025 is available on the company's Investor Relations website, ensuring transparency and accessibility of financial information to stakeholders [4]. Group 2: Financial Performance - The call will include a review of quarterly results and future outlook, suggesting a structured approach to discussing financial performance and strategic direction [3].
Fox Factory Holding (FOXF) Reports Q1 Earnings: What Key Metrics Have to Say
ZACKS· 2025-05-09 00:30
For the quarter ended March 2025, Fox Factory Holding (FOXF) reported revenue of $355.03 million, up 6.5% over the same period last year. EPS came in at $0.23, compared to $0.29 in the year-ago quarter.The reported revenue represents a surprise of +8.06% over the Zacks Consensus Estimate of $328.55 million. With the consensus EPS estimate being $0.22, the EPS surprise was +4.55%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to deter ...
Fox(FOXF) - 2025 Q1 - Quarterly Report
2025-05-08 23:41
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended April 4, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____ to _____ Commission File Number: 001-36040 Fox Factory Holding Corp. (Exact name of registrant as specified in its charter) Delaware 26 ...
Fox Factory Holding (FOXF) Beats Q1 Earnings and Revenue Estimates
ZACKS· 2025-05-08 23:10
Group 1: Earnings Performance - Fox Factory Holding reported quarterly earnings of $0.23 per share, exceeding the Zacks Consensus Estimate of $0.22 per share, but down from $0.29 per share a year ago, representing an earnings surprise of 4.55% [1] - The company posted revenues of $355.03 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 8.06%, compared to year-ago revenues of $333.47 million [2] - Over the last four quarters, Fox Factory has surpassed consensus EPS estimates three times and topped consensus revenue estimates three times [2] Group 2: Stock Performance and Outlook - Fox Factory Holding shares have declined approximately 32.9% since the beginning of the year, contrasting with the S&P 500's decline of 4.3% [3] - The company's earnings outlook is mixed, with a current Zacks Rank of 3 (Hold), indicating expected performance in line with the market in the near future [6] - The current consensus EPS estimate for the upcoming quarter is $0.40 on revenues of $347.5 million, and for the current fiscal year, it is $1.88 on revenues of $1.42 billion [7] Group 3: Industry Context - The Automotive - Domestic industry, to which Fox Factory belongs, is currently in the bottom 22% of over 250 Zacks industries, suggesting potential challenges ahead [8] - The performance of Fox Factory's stock may be influenced by the overall outlook for the industry, as research indicates that the top 50% of Zacks-ranked industries outperform the bottom 50% by more than 2 to 1 [8]
Fox(FOXF) - 2025 Q1 - Earnings Call Transcript
2025-05-08 21:32
Fox Factory (FOXF) Q1 2025 Earnings Call May 08, 2025 04:30 PM ET Company Participants Toby Merchant - Chief Legal Officer, Chief Compliance Officer & SecretaryMichael Dennison - CEO & DirectorDennis Schemm - President of AAG & CFOJames Duffy - Managing DirectorPeter Lukas - DirectorMichael Swartz - Director - Equity ResearchBret Jordan - Managing Director Conference Call Participants Anna Glaessgen - Senior Analyst, ConsumerScott Stember - Executive Director & Senior Research Analyst Operator Good afternoo ...
Fox(FOXF) - 2025 Q1 - Earnings Call Transcript
2025-05-08 21:30
Fox Factory (FOXF) Q1 2025 Earnings Call May 08, 2025 04:30 PM ET Speaker0 Good afternoon, ladies and gentlemen, and thank you for standing by. Welcome to Fox Factory Holding Corp's First Quarter twenty twenty five Earnings Conference Call. At this time, all participants are in a listen only mode. A question and answer session will follow the formal presentation. Please note this conference is being recorded. I'd now like to turn the conference over to Toby Merchant, Chief Legal Officer at Fox Factory Holdi ...
Fox(FOXF) - 2025 Q1 - Quarterly Results
2025-05-08 20:09
Exhibit 99.1 Fox Factory Holding Corp. Reports First Quarter Fiscal 2025 Financial Results DULUTH, Georgia, May 8, 2025 - Fox Factory Holding Corp. (NASDAQ: FOXF) ("FOX" or the "Company"), a premium brand and a global leader in the design, engineering and manufacturing of performance-defining products and systems for customers worldwide, today reported financial results for the first fiscal quarter ended April 4, 2025. First Quarter Fiscal 2025 Highlights Management Commentary Mike Dennison, FOX's Chief Exe ...
Fox Factory Holding Corp. Reports First Quarter Fiscal 2025 Financial Results
Globenewswire· 2025-05-08 20:05
Core Viewpoint - Fox Factory Holding Corp. reported financial results for the first fiscal quarter of 2025, showing a 6.5% increase in net sales compared to the previous year, despite facing challenges from high interest rates and tariffs [1][4][9]. Financial Performance - Net sales for Q1 2025 were $355.0 million, up from $333.5 million in Q1 2024, driven by increases in all segments: AAG up 9.9%, SSG up 6.6%, and PVG up 3.4% [4][7]. - Gross margin remained stable at 30.9%, while adjusted gross margin decreased by 140 basis points to 30.9% [5][40]. - Total operating expenses surged to $360.3 million, or 101.5% of net sales, primarily due to a goodwill impairment charge of $262.1 million [6][9]. - The company reported a net loss of $259.7 million, translating to a loss per diluted share of $6.23, compared to a loss of $3.5 million or $0.08 per share in the prior year [9][27]. Segment Performance - The Aftermarket Applications Group (AAG) saw net sales increase from $101.9 million to $111.9 million, attributed to higher upfitting sales and demand for aftermarket products [4][35]. - Specialty Sports Group (SSG) net sales rose from $113.5 million to $121.0 million, driven by growth in bike sales, although inventory recalibration and consumer demand posed challenges [4][35]. - Powered Vehicles Group (PVG) net sales increased from $118.1 million to $122.1 million, mainly due to the expansion of the motorcycle business [4][35]. Operational Insights - Adjusted EBITDA for Q1 2025 was $39.6 million, down from $40.4 million in Q1 2024, with an adjusted EBITDA margin of 11.2% compared to 12.1% in the prior year [10][33]. - The company is implementing operational improvements and strategic cost management initiatives to enhance margins throughout the year [3][6]. Guidance and Outlook - For Q2 2025, the company expects net sales between $340 million and $360 million, with adjusted earnings per diluted share projected between $0.32 and $0.62 [12]. - For the full fiscal year 2025, net sales are anticipated to range from $1.385 billion to $1.485 billion, with adjusted earnings per diluted share expected between $1.60 and $2.60 [12]. Balance Sheet Summary - As of April 4, 2025, cash and cash equivalents were $68.6 million, down from $71.7 million at the beginning of the year, while total debt increased to $709.9 million [11][24]. - Goodwill decreased significantly to $377.2 million due to a non-cash impairment charge related to adverse changes in U.S. tariff policies [11][24].