Extracted from this filing and checked against the source text.
Earnings Releases
SEC 8-K Item 2.02
confidence 0.98
FOX FACTORY HOLDING CORP reported third quarter ended September 29, 2023 results: revenue Net sales for the third quarter of fiscal 2023 were $331.1 million, net income Net income and net income margin in the third quarter of fiscal 2023 were $35.3 million, EPS Earnings per diluted share for the third quarter of fiscal 2023 was $0.83.
- Period
- third quarter ended September 29, 2023
- Revenue
- Net sales for the third quarter of fiscal 2023 were $331.1 million
- Net income
- Net income and net income margin in the third quarter of fiscal 2023 were $35.3 million
- EPS
- Earnings per diluted share for the third quarter of fiscal 2023 was $0.83
- Result
- reported results
Exact text from the filing
Fox Factory Holding Corp. Reports Third Quarter Fiscal 2023 Financial Results and Announces Agreement to Acquire Marucci Sports • Marucci Sports, LLC transaction combines two leading brands that are disrupting their respective industries through innovation and technology • Full year 2023 sales guidance adjusted to $1.43 - $1.47 billion primarily due to impact from the United Auto Workers strike and continued inventory destocking in SSG markets • Company reaffirms 2025 vision of $2 billion sales and 25.0% adjusted EBITDA margin • Company announces share repurchase plan for up to $300 million of common stock • Net income of $35 million, earnings per diluted share of $0.83, and net income margin of 10.7% • Cost control and continuous improvement initiatives deliver strong adjusted EBITDA margin of 19.2% essentially flat with second quarter margin of 19.8% on less revenue • Strong cash flow and balance sheet focus reduces revolver borrowings by $135 million achieving net leverage of 0.5 ti
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.98
FOX FACTORY HOLDING CORP reported third quarter ended September 29, 2023 results: revenue Net sales for the third quarter of fiscal 2023 were $331.1 million, net income Net income and net income margin in the third quarter of fiscal 2023 were $35.3 million, EPS Earnings per diluted share for the third quarter of fiscal 2023 was $0.83.
- Period
- third quarter ended September 29, 2023
- Revenue
- Net sales for the third quarter of fiscal 2023 were $331.1 million
- Net income
- Net income and net income margin in the third quarter of fiscal 2023 were $35.3 million
- EPS
- Earnings per diluted share for the third quarter of fiscal 2023 was $0.83
- Result
- reported results
Exact text from the filing
Net income and net income margin in the third quarter of fiscal 2023 were $35.3 million and 10.7%, respectively, compared to $50.8 million and 12.4%, respectively, in the third quarter of the prior fiscal year. Earnings per diluted share for the third quarter of fiscal 2023 was $0.83, compared to earnings per diluted share of $1.20 for the third quarter of fiscal 2022.
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.95
FOX FACTORY HOLDING CORP reported full year fiscal 2023 results: revenue Full year 2023 sales guidance adjusted to $1.43 - $1.47 billion. Guidance lowered.
- Period
- full year fiscal 2023
- Revenue
- Full year 2023 sales guidance adjusted to $1.43 - $1.47 billion
- Guidance
- lowered
- Result
- guidance update
Exact text from the filing
Full year 2023 sales guidance adjusted to $1.43 - $1.47 billion primarily due to impact from the United Auto Workers strike and continued inventory destocking in SSG markets
View on SEC.gov