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Compared to Estimates, Fox Factory Holding (FOXF) Q2 Earnings: A Look at Key Metrics
ZACKS· 2024-08-02 16:01
For the quarter ended June 2024, Fox Factory Holding (FOXF) reported revenue of $348.49 million, down 13% over the same period last year. EPS came in at $0.38, compared to $1.21 in the year-ago quarter. The reported revenue represents a surprise of +0.55% over the Zacks Consensus Estimate of $346.58 million. With the consensus EPS estimate being $0.34, the EPS surprise was +11.76%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to de ...
Fox Factory Holding (FOXF) Q2 Earnings and Revenues Surpass Estimates
ZACKS· 2024-08-01 23:15
Fox Factory Holding (FOXF) came out with quarterly earnings of $0.38 per share, beating the Zacks Consensus Estimate of $0.34 per share. This compares to earnings of $1.21 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 11.76%. A quarter ago, it was expected that this vehicle suspension maker would post earnings of $0.19 per share when it actually produced earnings of $0.29, delivering a surprise of 52.63%. Over the last four ...
Fox(FOXF) - 2024 Q2 - Quarterly Report
2024-08-01 21:50
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 June 28, 2024 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(FOXF) - 2024 Q2 - Quarterly Results
2024-08-01 20:10
Exhibit 99.1 Fox Factory Holding Corp. Reports Second Quarter Fiscal 2024 Financial Results DULUTH, Georgia, August 1, 2024 - 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 second fiscal quarter ended June 28, 2024. Second Quarter Fiscal 2024 Highlights • Net sales for the second quarter of fiscal 2 ...
Hennessey MAMMOTH 400 Ram Sport Truck Celebrates Final Hemi V8
Newsfilter· 2024-07-02 13:00
Core Insights - Hennessey has partnered with FOX Factory to produce a limited edition of the 2024 RAM 1500 sport truck, named the MAMMOTH 400, with only 250 units available globally [3][5][9] - The MAMMOTH 400 features a 5.7-liter HEMI V8 engine, producing 420 horsepower, and is designed with a premium FOX and Ridetech suspension system for enhanced performance [4][9] - The truck is offered in three custom paint options: Viper Red, Viper White, and GTS Blue, each adorned with heritage Viper Stripes, reflecting Hennessey's historical ties to the Dodge SRT Viper community [9][10] Company Overview - Hennessey Performance, based in Sealy, Texas, has re-engineered over 16,000 vehicles for performance enthusiasts since its inception in 1991, focusing on high-performance upgrades across various vehicle types [6][12] - The company operates with a dedicated team of 100 members and has the capacity to work on approximately 50 vehicles simultaneously, making it a leading specialist in vehicle engineering [13] - Fox Factory Holding Corp. is recognized for its premium products that enhance performance for specialty sports and on- and off-road vehicles, with a diverse portfolio that includes brands like FOX and Method Race Wheels [13]
Hennessey MAMMOTH 400 Ram Sport Truck Celebrates Final Hemi V8
GlobeNewswire News Room· 2024-07-02 13:00
Core Viewpoint - Hennessey Performance and Fox Factory have partnered to create a limited edition sport truck, the MAMMOTH 400, celebrating American independence with unique design elements and performance enhancements [1][8]. Company Overview - Hennessey Performance, based in Sealy, Texas, specializes in high-performance vehicle modifications and has re-engineered over 16,000 vehicles since its inception in 1991 [3][4]. - Fox Factory Holding Corp. is a global leader in premium product design and manufacturing for specialty sports and on- and off-road vehicles, known for its innovative shock and suspension systems [5]. Product Details - The MAMMOTH 400 will be limited to 250 units globally for 2024, featuring signature Hennessey badging and a serial-numbered engine plaque [2][8]. - Customers can choose from three color options: Viper Red, Viper White, and GTS Blue, each with heritage Viper Stripes [9][10]. - The truck is powered by a 5.7-liter HEMI V8 engine, delivering 420 horsepower, and features a FOX/Ridetech suspension system for improved handling [10]. Warranty and Availability - Each MAMMOTH 400 truck comes with a 3-year / 36,000-mile limited warranty and is available exclusively through authorized Chrysler, Dodge, Jeep, or RAM dealers [2][8].
The Portnoy Law Firm Announces Investigation of Fox Factory Holding Corp. (NASDAQ: FOXF)
GlobeNewswire News Room· 2024-06-10 20:28
The Portnoy Law Firm is investigating potential claims against the board of directors of Fox Factory Holding Corp. ("Fox Factory" or the "Company") (NASDAQ: FOXF). Our investigation concerns whether the Company's board of directors breached its fiduciary duties to shareholders, and/or grossly mismanaged the company. Please visit our website to review more information and submit your transaction information. Fox Factory Holding Corp. designs, manufactures, and markets performance-defining products and system ...
Marucci & Victus Brands to Become the Official Bats of Major League Baseball
Newsfilter· 2024-06-07 12:00
This agreement with MLB exemplifies the leadership position of Marucci and Victus brands as the premier bat choices worldwide, as they are the top two most-used bats among MLB players and have long been part of the MLB landscape. Marucci expects to release more information later in the year through a joint announcement with MLB. About Marucci To learn more about Marucci, please visit www.maruccisports.com. Marucci is a registered trademark of Marucci Sports, LLC. Founded in 2012 and growing quickly to becom ...
Marucci & Victus Brands to Become the Official Bats of Major League Baseball
GlobeNewswire News Room· 2024-06-07 12:00
Core Insights - Marucci Sports LLC has entered into a licensing agreement with Major League Baseball (MLB) to become the Official Bats of MLB for its Marucci and Victus brands, effective from January 1, 2025, to December 31, 2028 [1][16] - The agreement includes exclusive rights to use MLB trademarks in connection with Marucci's Smart Bat products, which feature an embedded Diamond Kinetics bat sensor [1] Company Overview - Marucci Sports, founded in 2004 by former professional baseball players, has evolved from handcrafting bats in a garage to becoming a premier brand in diamond sports [3] - Victus, established in 2012, has quickly gained recognition as an elite baseball brand, known for its design-driven craftsmanship and commitment to performance-based quality [4] - Fox Factory Holding Corp. is a global leader in designing and manufacturing premium products for specialty sports and vehicles, with a diverse portfolio that includes brands like FOX, Marucci, and Method Race Wheels [6][21] Brand Positioning - Marucci and Victus are recognized as the top two most-used bats among MLB players, solidifying their leadership position in the market [16] - Lizard Skins, another brand under Marucci Sports, is currently the Official Bat Grip of MLB, enhancing the overall brand strength in the baseball equipment sector [8]
GM or FOXF: Which Is the Better Value Stock Right Now?
Zacks Investment Research· 2024-05-07 16:41
Investors interested in Automotive - Domestic stocks are likely familiar with General Motors (GM) and Fox Factory Holding (FOXF) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look.Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The Zacks Rank favors stocks with strong earnings estimate revisio ...