secwatch.observer — SEC 8-K summary
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Issuer:     FOX FACTORY HOLDING CORP (FOXF)
CIK:        0001424929
Form:       8-K
Filed at:   2025-05-08T23:59:59+00:00
Accession:  0001424929-25-000047
Event type: earnings
Sentiment:  negative
Materiality: 0.88
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Fox Factory Q1 net loss $259.7M on $355M revenue; $262M goodwill impairment
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- Net sales of $355M (+6.5% YoY) driven by growth across all segments: AAG +$10.1M, SSG +$7.5M, PVG +$4.0M.
- GAAP net loss per diluted share of $6.23 vs. $0.08 loss a year ago, largely from a $262.3M non-cash goodwill impairment.
- Adjusted EPS of $0.23, down from $0.29; adjusted EBITDA margin fell to 11.2% from 12.1%.
- Q2 FY2025 guidance: sales $340-360M, adj. EPS $0.32-$0.62; full-year FY2025 guidance reaffirmed at $1.385-1.485B sales, adj. EPS $1.60-$2.60.
- Management estimates annual tariff impact of ~$50M in higher costs; countermeasures identified to partially offset.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1424929/000142492925000047/0001424929-25-000047-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1424929/000142492925000047/foxf-20250508.htm
  HTML page:      https://secwatch.observer/filing/0001424929-25-000047

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