secwatch.observer — SEC 8-K summary
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Issuer:     FOX FACTORY HOLDING CORP (FOXF)
CIK:        0001424929
Form:       8-K
Filed at:   2021-11-04T23:59:59+00:00
Accession:  0001424929-21-000131
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Fox Factory Q3 FY2021 record sales $347.4M (+33% YoY); adj EPS $1.19 beats $1.07
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- Record Q3 sales $347.4M, +33.3% YoY; net income $43.8M ($1.03 diluted EPS) vs $38.0M ($0.90) YoY.
- Non-GAAP adj EPS $1.19 vs $1.07 YoY; adj EBITDA $72.8M (21.0% margin) vs $60.1M (23.1%).
- Specialty Sports sales +48.1%, Powered Vehicles +22.8%; gross margin 33.4% (down 90bps) due to supply chain costs.
- Q4 FY21 guidance: sales $315-$335M, adj EPS $0.90-$1.10; FY21 sales $1,272M-$1,292M, adj EPS $4.35-$4.55.
- Cash $319.3M; inventory $246.2M (up from $127.1M) to mitigate supply chain risks.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1424929/000142492921000131/0001424929-21-000131-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1424929/000142492921000131/foxf-20211104.htm
  HTML page:      https://secwatch.observer/filing/0001424929-21-000131

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer