---
schema_version: "secwatch.filing_event.v1"
accession: "0001424929-22-000070"
form_type: "8-K"
ticker: "FOXF"
cik: "0001424929"
company_name: "FOX FACTORY HOLDING CORP"
filed_at: "2022-05-06T23:59:59+00:00"
generated_at: "2026-06-25T22:56:03.699423+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Fox Factory Q1 sales up 34% to record $378M; GAAP EPS $1.13, adj. EPS $1.32; guides FY22 sales $1.5-1.53B

## Summary
- Record quarterly sales of $378.0M (+34.4% YoY); GAAP diluted EPS $1.13 vs $0.90; non-GAAP adj. diluted EPS $1.32 vs $1.05.
- Gross margin contracted 300bps to 31.8%; non-GAAP adj. gross margin 32.3% (down 270bps) due to supply chain costs and Watsonville-to-Gainesville transition.
- Specialty Sports Group sales +43.5%; Powered Vehicles Group +27.9%, driven by strong OEM/aftermarket demand and upfitting product lines.
- Q2 FY2022 guidance: sales $385M-$405M, non-GAAP adj. EPS $1.10-$1.25. Full-year FY2022 guidance: sales $1,500M-$1,530M, non-GAAP adj. EPS $5.00-$5.30.
- Adjusted EBITDA $71.8M (19.0% margin) vs $60.4M (21.5% margin); effective tax rate fell to 4.8% from 9.5% due to release of valuation allowance.

## SEC filing metadata
- accession: 0001424929-22-000070
- form_type: 8-K
- ticker: FOXF
- cik: 0001424929
- company_name: FOX FACTORY HOLDING CORP
- filed_at: 2022-05-06T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1424929/000142492922000070/0001424929-22-000070-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1424929/000142492922000070/foxf-20220505.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001424929-22-000070
- JSON: https://secwatch.observer/filing/0001424929-22-000070.json
- Plain text: https://secwatch.observer/filing/0001424929-22-000070.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.