secwatch.observer — SEC 8-K summary
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Issuer:     FOX FACTORY HOLDING CORP (FOXF)
CIK:        0001424929
Form:       8-K
Filed at:   2024-10-31T23:59:59+00:00
Accession:  0001424929-24-000125
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Fox Factory Q3 adj EPS $0.35 vs $1.05 YoY; revenue +8.5% to $359M; guides FY24 adj EPS $1.27-$1.42
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- Q3 net sales $359.1M (+8.5% YoY); GAAP net income $4.8M ($0.11 EPS) vs $35.3M ($0.83 EPS) last year.
- Adjusted EPS $0.35 vs $1.05; adjusted EBITDA $42.0M, margin 11.7% vs 19.2%.
- SSG revenue +107.6% to $149.5M (incl. $49.6M Marucci); AAG -26.3%, PVG -11.2%.
- Announced cost optimization targeting >$25M annualized savings to recapture margin.
- Q4 guidance: sales $300-$340M, adj EPS $0.25-$0.40; FY24 sales $1.341-$1.381B, adj EPS $1.27-$1.42.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1424929/000142492924000125/0001424929-24-000125-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1424929/000142492924000125/foxf-20241031.htm
  HTML page:      https://secwatch.observer/filing/0001424929-24-000125

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