Fox Factory Holding (FOXF) reported $374.86 million in revenue for the quarter ended June 2025, representing a year-over-year increase of 7.6%. EPS of $0.40 for the same period compares to $0.38 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $345.17 million, representing a surprise of +8.6%. The company delivered an EPS surprise of -6.98%, with the consensus EPS estimate being $0.43.While investors scrutinize revenue and earnings changes year-over-year and how they compare with ...

Fox Factory Holding (FOXF) came out with quarterly earnings of $0.4 per share, missing the Zacks Consensus Estimate of $0.43 per share. This compares to earnings of $0.38 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -6.98%. A quarter ago, it was expected that this vehicle suspension maker would post earnings of $0.22 per share when it actually produced earnings of $0.23, delivering a surprise of +4.55%.Over the last four qu ...

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 Fox Factory Holding Corp. (Exact name of registrant as specified in its charter) Delaware 26-1647258 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) 2055 Sugarloaf Circle, Suite 300, Duluth GA 30097 (Address of principal executive offices) (Zip Code) (831) 27 ...

Financial Data and Key Metrics Changes - The company reported net sales of $375 million for Q2 2025, reflecting a 7.6% increase year-over-year [27] - Adjusted EBITDA margin improved to 13.1%, marking the highest level in nearly two years [6][30] - Gross margin decreased to 31.2% from 31.8% year-over-year, while adjusted gross margin was 31.3% compared to 31.9% in the prior year [27][28] Business Line Data and Key Metrics Changes - In the Powered Vehicles Group (PVG), net sales increased by $4.9 million to $123.5 million, driven by growth in the motorized two-wheel business [11] - The Aftermarket Applications Group (AAG) saw net sales rise 6.5% to $114.1 million, attributed to increased demand for aftermarket products [14] - The Specialty Sports Group (SSG) reported an 11% increase in net sales to $137.2 million, supported by strong bike business performance [18] Market Data and Key Metrics Changes - The company noted that the consumer discretionary environment is stabilizing, which is expected to support enhanced profitability [10] - Tariff impacts were highlighted, with an increase in expected tariff costs from $38 million to $50 million for the year, affecting various segments [33][49] Company Strategy and Development Direction - The company is focused on four key initiatives: footprint consolidation, portfolio optimization, working capital management, and a $25 million cost reduction program [7][9] - Emphasis on product innovation and R&D is seen as crucial for maintaining market share and driving long-term growth [6][10] - The company is strategically expanding into new OEMs and industries, particularly in the motorcycle and electric vehicle sectors [11][44] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to navigate macro challenges and achieve growth through operational excellence and innovation [10][35] - The outlook for the second half of 2025 remains positive, with expectations for improved order books and product launches [25][32] - Management acknowledged ongoing tariff pressures but emphasized efforts to mitigate these impacts through various strategies [33][87] Other Important Information - The company is on track to reduce net leverage to below three times by year-end, with a focus on debt reduction [31] - Free cash flow generation is anticipated to be approximately $80 million for the full year [32] Q&A Session Summary Question: What is driving the raised sales guidance? - Management indicated that the entire enterprise is performing well, leading to increased confidence in the second half of the year [41][42] Question: How is the company addressing the higher tariff impact? - The increase in tariff impact is attributed to both the Marucci mix and products from Taiwan, with specific allocations provided for each segment [49] Question: Is there directional improvement in the powersports market? - Management noted that while stability is returning to the powersports market, interest rate improvements are necessary for significant growth [50] Question: What is the outlook for the bike business? - The bike business is expected to grow, with a focus on stabilizing inventory levels and preparing for new product launches [63][67] Question: What are the growth vectors for Marucci? - Management highlighted global growth, diversification in product lines, and expansion into softball as key growth areas for Marucci [78][81]

"We delivered significant progress in the second quarter with $375 million in net sales, representing growth across all three segments, both sequentially and year-over-year, along with continued adjusted EBITDA margin improvement," commented Mike Dennison, FOX's Chief Executive Officer. "Our focus on world class product innovation continues to drive growth even in these highly uncertain times. While our premium products are bolstering the top line, our operational improvement and strategic cost management i ...

Company Overview - Fox Factory Holding Corp. is a global leader in the design, engineering, and manufacturing of premium products for specialty sports and on and off-road vehicles [3] - The company's portfolio includes brands such as FOX, Marucci, and Method Race Wheels, known for their championship-level performance [3] - Fox Factory is a direct supplier of shocks, suspension, and components to leading powered vehicle and bicycle original equipment manufacturers [3] Upcoming Financial Results - The company will announce its second-quarter results for the period ended July 4, 2025, on August 7, 2025, after market close [1] - A conference call with the executive management team will be held on the same day at 4:30 p.m. ET to discuss the results [2] - The conference call will be available for live streaming on the company's website and archived for one year [2] Business Strategy - Fox Factory aims to diversify its product offerings and increase market potential by acquiring complementary businesses [3] - The company provides products in the aftermarket through a global network of retailers and distributors, as well as direct-to-consumer channels [3] Communication and Disclosure - The company utilizes various means to announce material information, including SEC filings, press releases, public conference calls, and its investor relations website [5]

Group 1 - Fox Factory Holding (FOXF) has seen a 20% increase in stock price over the past four weeks, with a mean price target of $32.25 indicating a potential upside of 35.6% from the current price of $23.78 [1] - The average of eight short-term price targets ranges from a low of $24 to a high of $50, with a standard deviation of $8.60, suggesting variability in analyst estimates [2] - Analysts show strong agreement on FOXF's ability to report better earnings than previously predicted, which supports the view of potential upside [4][11] Group 2 - The Zacks Consensus Estimate for FOXF's current year earnings has increased by 0.4% over the past month, indicating positive sentiment among analysts [12] - FOXF holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimates, which suggests a solid potential upside [13] - While price targets can be misleading, the direction implied by the consensus price target for FOXF appears to be a good guide for potential price movement [10][13]

Core Viewpoint - Zacks emphasizes a ranking system focused on earnings estimates and revisions to identify winning stocks, while also considering trends in value, growth, and momentum to find strong companies for investors [1] Value Investing - Value investing is a popular strategy for identifying undervalued stocks using fundamental analysis and established metrics [2] Fox Factory Holdings (FOXF) - FOXF is currently rated with a Zacks Rank of 2 (Buy) and has a Value grade of A, making it a stock of interest for value investors [3] - FOXF has a PEG ratio of 1.38, significantly lower than the industry average of 4.10, indicating potential undervaluation [4] - The P/S ratio for FOXF is 0.7, compared to the industry average of 0.75, suggesting it is reasonably priced based on sales [5] - FOXF's P/CF ratio stands at 9.05, well below the industry average of 27.71, highlighting its attractive cash flow outlook [6] - Overall, FOXF appears undervalued based on these metrics and has a strong earnings outlook, positioning it as one of the market's strongest value stocks [7]

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].

Core Insights - Fox Factory Holding (FOXF) reported revenue of $355.03 million for the quarter ended March 2025, reflecting a 6.5% increase year-over-year and an 8.06% surprise over the Zacks Consensus Estimate of $328.55 million [1] - The company's EPS for the quarter was $0.23, down from $0.29 in the same quarter last year, with a 4.55% surprise over the consensus estimate of $0.22 [1] Revenue Performance - Net Sales for the Aftermarket Applications Group reached $111.91 million, exceeding the estimated $98.50 million, representing a 9.9% increase year-over-year [4] - Net Sales for the Powered Vehicles Group were $122.10 million, surpassing the estimated $106.05 million, marking a 3.4% increase compared to the previous year [4] - Net Sales for the Specialty Sports Group totaled $121.02 million, slightly below the estimated $122.45 million, but still showing a 6.6% increase year-over-year [4] Stock Performance - Over the past month, Fox Factory Holding's shares have returned -7.5%, contrasting with the Zacks S&P 500 composite's +11.3% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the broader market in the near term [3]