secwatch.observer — SEC 8-K summary
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Issuer:     FOX FACTORY HOLDING CORP (FOXF)
CIK:        0001424929
Form:       8-K
Filed at:   2022-08-05T23:59:59+00:00
Accession:  0001424929-22-000116
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Fox Factory Q2 sales hit record $406.7M, EPS $1.26; guides FY adj EPS $5.00-5.30
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- Record Q2 sales $406.7M (+23.9% YoY); GAAP diluted EPS $1.26 vs $1.05; adj EPS $1.38 vs $1.20.
- Gross margin +120bps to 35.1% (adj 35.3%); Adj EBITDA $88.1M (21.7% margin) vs $69.7M (21.2%) YoY.
- Specialty Sports +28.1%, Powered Vehicles +20.9%; strong OEM and upfitting demand.
- Guidance: Q3 sales $385-405M, adj EPS $1.15-1.35; FY22 sales $1,535-1,565M, adj EPS $5.00-5.30.
- Slowing hiring/spending due to macro volatility; cash $108.6M, debt $410.0M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1424929/000142492922000116/0001424929-22-000116-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1424929/000142492922000116/foxf-20220804.htm
  HTML page:      https://secwatch.observer/filing/0001424929-22-000116

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