Fox Factory Holding (FOXF) Q2 Earnings Lag Estimates

Company Performance - Fox Factory Holding reported quarterly earnings of $0.4 per share, missing the Zacks Consensus Estimate of $0.43 per share, but showing an increase from $0.38 per share a year ago, resulting in an earnings surprise of -6.98% [1] - The company posted revenues of $374.86 million for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 8.60% and increasing from $348.49 million year-over-year [2] - Over the last four quarters, Fox Factory has surpassed consensus EPS estimates two times and topped consensus revenue estimates three times [2] Stock Outlook - The stock has underperformed the market, losing about 3.5% since the beginning of the year compared to the S&P 500's gain of 7.9% [3] - The current consensus EPS estimate for the coming quarter is $0.61 on revenues of $371.05 million, and for the current fiscal year, it is $1.85 on revenues of $1.44 billion [7] - The estimate revisions trend for Fox Factory was mixed ahead of the earnings release, resulting in a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market [6] Industry Context - The Automotive - Domestic industry, to which Fox Factory belongs, is currently in the bottom 27% of over 250 Zacks industries, suggesting potential challenges ahead [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact Fox Factory's stock performance [5]