secwatch.observer — SEC 8-K summary
======================================

Issuer:     FOX FACTORY HOLDING CORP (FOXF)
CIK:        0001424929
Form:       8-K
Filed at:   2026-05-07T23:59:59+00:00
Accession:  0001424929-26-000032
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 2.02, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Fox Factory Q1 revenue $368.7M (+3.9%), adj. EBITDA $35.7M above guidance; credit covenant eased to 5.0x
--------------------------------------------------------------------------------

- Net sales of $368.7M (+3.9% YoY); net loss of $15.0M ($0.36 loss per share) includes $10M loss on Phoenix divestiture.
- Adjusted EPS of $0.18 vs $0.23 prior year; adjusted EBITDA of $35.7M exceeded high end of guidance.
- Completed divestiture of Phoenix AAG operations (Shock Therapy, Upfit UTV, Geiser) with proceeds to debt reduction.
- Amended credit agreement; net leverage covenant expanded to 5.0x from 4.5x, providing additional flexibility.
- Q2 FY2026 guidance: net sales $343M-$365M, adj. EBITDA $32M-$40M; full year FY2026 guidance reaffirmed.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1424929/000142492926000032/0001424929-26-000032-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1424929/000142492926000032/foxf-20260506.htm
  HTML page:      https://secwatch.observer/filing/0001424929-26-000032

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