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 October 2, 2020 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) (State or ...

Financial Data and Key Metrics Changes - In Q2 2020, the company generated sales of $183.1 million, a decrease of 4.7% compared to $192.1 million in Q2 2019 [20] - Gross margin was 32.8%, a 40 basis point increase from 32.4% in the prior year [21] - Adjusted EBITDA was $33.7 million, down from $38.2 million in the same quarter last year, with an adjusted EBITDA margin of 18.4% compared to 19.9% in Q2 2019 [24] - Net income attributable to the company was $12.6 million or $0.32 per diluted share, compared to $22.9 million or $0.59 per diluted share in the prior year [25] Business Line Data and Key Metrics Changes - Specialty Sports Group product sales increased by 10% compared to Q2 2019, driven by high demand in both OEM and aftermarket channels [10][20] - Powered Vehicles Group product shipments decreased by 14.5% compared to Q2 2019, primarily due to production shutdowns at OEM customers [20][12] Market Data and Key Metrics Changes - The company noted strong demand for its Specialty Sports products, particularly in outdoor recreational activities, which have seen a resurgence during the pandemic [10][16] - The demand for premium trucks and Jeep platforms remains strong, with new agreements signed with FCA for Jeep upfitting [13] Company Strategy and Development Direction - The company is focused on leveraging its diversified product portfolio to support a growing customer base, particularly in outdoor activities [29] - The expansion of the manufacturing footprint in Georgia is expected to optimize supply chain operations and enhance production capabilities [15] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the recovery from factory shutdowns and anticipated continued demand growth in the second half of 2020 [17][29] - The company is prepared to adjust operations in response to any future government mandates related to COVID-19 [17] Other Important Information - The company raised approximately $198 million in net proceeds from a follow-on offering to enhance financial flexibility during economic uncertainty [27] - The acquisition of SCA contributed positively to sales, with a full quarter of sales included in the results [20] Q&A Session Summary Question: Can you speak to the increased demand for bikes and its sustainability? - Management noted a "bike renaissance" with increased demand across all product mixes, driven by new entrants into the sport and changing demographics [31][32] Question: What is the impact of factory shutdowns on Powered Vehicle sales? - Management clarified that the decline in Powered Vehicle sales was due to factory shutdowns rather than a decrease in customer demand, with a strong order book for Q3 [34] Question: How do you view the gross margin increase despite challenges? - The increase in gross margin was attributed to product mix and the benefits from the SCA acquisition, although there were also costs associated with factory shutdowns [36] Question: What is the current state of supply chains for bikes and Powered Vehicles? - Management indicated that the supply chain for bikes is improving, while the Powered Vehicle supply chain remains healthy, with no major issues expected for Q3 [43][44] Question: Can you discuss the rationale behind the equity raise? - The equity raise was intended to strengthen the balance sheet and position the company for potential acquisitions while maintaining liquidity during the pandemic [51][52] Question: What is the outlook for demand in the premium automotive sector? - Management reported strong demand in the premium automotive sector, with no signs of slowdown, although supply may lag behind demand [53] Question: How is the new facility in Georgia performing? - The Georgia facility is on track with production ramp-up, and innovative hiring strategies have been implemented to attract talent during the pandemic [69]

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 July 3, 2020 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- ...

Financial Data and Key Metrics Changes - In Q1 2020, the company generated sales of $184.4 million, a 14% increase compared to $161.7 million in Q1 2019 [21][36] - Gross margin was 30.7%, a decrease of 90 basis points from 31.6% in the prior year [37] - Non-GAAP adjusted net income was $20.5 million, a decrease of approximately $1.1 million compared to $21.6 million in Q1 2019 [44] - The effective tax rate for Q1 2020 was 9.5%, lower than the expected mid- to long-term rate due to a reduction of foreign tax [42] Business Line Data and Key Metrics Changes - Powered Vehicles Group product sales increased by 24.6% compared to Q1 2019, driven by strong OEM channel performance prior to the pandemic [21] - Specialty Sports Group sales decreased by 1.8% compared to the prior year, reflecting a shift in timing of OEM orders [22] - The Specialty Sports Group's model year 2021 introductions have been well received, indicating potential for future growth despite a slight decline in Q1 [23] Market Data and Key Metrics Changes - The company experienced a temporary slowdown in the Powered Vehicles Group due to OEM customer closures, while aftermarket sales remained strong [19][60] - In April, OEMs were shut down in the U.S., impacting Powered Vehicles Group results, but the Specialty Sports Group functioned in a more normalized production environment [24][60] Company Strategy and Development Direction - The company is focused on expanding its powered vehicles manufacturing footprint in Georgia, with the first phase of the new facility set to be operational soon [20][29] - The acquisition of SCA is expected to enhance the company's North American manufacturing footprint and diversify its brand and product portfolio [30][31] - The company remains optimistic about growth opportunities as North America and Europe begin to reopen their economies [29] Management's Comments on Operating Environment and Future Outlook - Management emphasized the importance of employee health and safety while navigating the challenges posed by the COVID-19 pandemic [9][52] - The company believes that the issues faced are transitory and not indicative of a long-term demand problem [27] - There is an expectation of pent-up demand for powered vehicles as the economy reopens, although the exact timing remains uncertain [101] Other Important Information - The company incurred approximately $1.8 million in COVID-19-related costs in Q1, which impacted gross profit results [11][37] - The company has taken measures to manage costs, including reducing nonessential operating expenses and furloughing employees [48][49] - The company has a $250 million revolving credit facility, providing financial flexibility moving forward [50] Q&A Session Summary Question: Impact of COVID-19 on Powered Vehicle Sales - Management noted that while end-customer demand remained strong, factory shutdowns significantly impacted sales in April [58][60] Question: Resilience of Customers During Economic Slowdown - Management indicated that the current situation is a pandemic response rather than a recessionary one, and end-customer demand has remained strong [64][66] Question: Annualized Benefit from Cost-Cutting Measures - Management stated that it is difficult to specify the annualized benefit from cost-cutting measures due to the variability in furlough durations and production ramp-up [70][74] Question: Retail Demand and Lead Times - Management confirmed that the order book was strong going into Q2, reflecting good visibility into demand for model year 2021 products [101] Question: Aftermarket Trends - Management reported that aftermarket demand for bikes remained strong, while powered vehicle aftermarket sales were impacted by installer availability [90][91]

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 3, 2020 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 Corp. (NASDAQ:FOXF) Q4 2019 Earnings Conference Call March 3, 2020 4:30 PM ET Company Participants David Haugen – General Counsel Mike Dennison – Chief Executive Officer John Blocher – Interim Chief Financial Officer Conference Call Participants Mike Swartz – SunTrust Robinson Humphrey Craig Kennison – Robert W. Baird and Company Scott Stember – CL King Larry Solow – CJS Securities Jim Duffy – Stifel Alex Maroccia – Berenberg Rafe Jadrosich – Bank of America Merrill Lynch Operator Greeti ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended January 3, 2020 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 26-1647258 (State or ...

Fox Factory Holding Corp. (NASDAQ:FOXF) Q3 2019 Earnings Conference Call October 30, 2019 4:30 PM ET Company Participants Dan Robbins - Senior Director of Communications and Investor Relations Mike Dennison - Chief Executive Officer Rich Winters - President, Powered Vehicles Group Chris Tutton - President, Specialty Sports Group Zvi Glasman - Chief Financial Officer and Treasurer Conference Call Participants Michael Swartz - SunTrust Rafe Jadrosich - Bank of America Merrill Lynch Larry Solow - CJS Securitie ...

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 September 27, 2019 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) Delawa ...

Fox Factory Holding Corp. (NASDAQ:FOXF) Q2 2019 Results Conference Call July 31, 2019 4:30 PM ET Company Participants David Haugen - General Counsel Mike Dennison - CEO Rich Winters - President, Powered Vehicles Group Chris Tutton - President, Specialty Sports Group Zvi Glasman - CFO and Treasurer Chris Tutton - President, Specialty Sports Group Conference Call Participants Michael Swartz - SunTrust Robinson Humphrey Craig Kennison - Robert W. Baird & Co. Scott Stember - C.L. King Larry Solow - CJS Securiti ...