---
schema_version: "secwatch.filing_event.v1"
accession: "0001424929-24-000052"
form_type: "8-K"
ticker: "FOXF"
cik: "0001424929"
company_name: "FOX FACTORY HOLDING CORP"
filed_at: "2024-05-02T23:59:59+00:00"
generated_at: "2026-06-03T00:15:57.184259+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Fox Factory Q1 net loss $0.08/sh; revenue down 16.6% to $333.5M; narrows FY24 outlook

## Summary
- GAAP net loss $3.5M ($0.08 per diluted share) vs net income of $41.8M ($0.98) year ago.
- Adjusted EPS of $0.29 beat expectations; revenue $333.5M declined 16.6% YoY.
- All segments fell: AAG -27%, PVG -17%, SSG -5%; aftermarket mix rose to 59% of sales.
- Adjusted EBITDA margin fell to 12.1% from 19.8%; inventory down $17.8M QoQ to $354M.
- FY24 guidance narrowed: net sales $1.53-$1.61B, adj. EPS $2.30-$2.55; Q2 view $340-$360M.

## SEC filing metadata
- accession: 0001424929-24-000052
- form_type: 8-K
- ticker: FOXF
- cik: 0001424929
- company_name: FOX FACTORY HOLDING CORP
- filed_at: 2024-05-02T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1424929/000142492924000052/0001424929-24-000052-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1424929/000142492924000052/foxf-20240502.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001424929-24-000052
- JSON: https://secwatch.observer/filing/0001424929-24-000052.json
- Plain text: https://secwatch.observer/filing/0001424929-24-000052.txt

## Key facts
- Earnings Releases
  FOX FACTORY HOLDING CORP reported first fiscal quarter ended March 29, 2024 results: revenue $333.5 million, net income $3.5 million, EPS $0.08. Guidance lowered.
  - Period: first fiscal quarter ended March 29, 2024
  - Revenue: $333.5 million
  - Net income: $3.5 million
  - EPS: $0.08
  - Guidance: lowered
  - Result: reported results
  source text: Fox Factory’s branded off-road upfitted truck, model year ’25 bike releases and the introduction of side-by-side upfits • Net sales for the first quarter of fiscal 2024 were $333.5 million and in line with expectations • Loss per diluted share for the first quarter of fiscal 2024 was $0.08, and adjusted earnings per diluted share was $0.29 and above our
  evidence_url: https://www.sec.gov/Archives/edgar/data/1424929/000142492924000052/0001424929-24-000052-index.htm

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