Highest-materiality recent filing
Net sales of $368.7M (+3.9% YoY); net loss of $15.0M ($0.36 loss per share) includes $10M loss on Phoenix divestiture.
Q4 net loss $287.0M ($6.86 EPS) vs net loss $0.1M prior year; adjusted EPS $0.20 vs $0.31.
Fox Factory appoints Alan Bazaar to board; forms Transformation Committee per Engine Capital deal
Board increased to 8 directors; Alan L. Bazaar appointed Class II director effective Feb 13, 2026, term expiring at 2027 annual meeting.
Two new independent directors added: Alan L. Bazaar and a director with manufacturing ops experience identified by Engine Capital.
Fox Factory Q3 net loss $0.6M; sales up 4.8% but SSG declines; guidance lowered
Net sales $376.4M (+4.8% YoY); AAG +17.4%, PVG +15.1%, SSG -11.2%.
Fox Factory Q2 revenue up 7.6% to $374.9M; adj. EPS $0.40; tariff expense rises to ~$50M
Net sales $374.9M (+7.6% YoY); GAAP diluted EPS $0.07 vs $0.13; adjusted diluted EPS $0.40 vs $0.38.
Fox Factory Q1 net loss $259.7M on $355M revenue; $262M goodwill impairment
Net sales of $355M (+6.5% YoY) driven by growth across all segments: AAG +$10.1M, SSG +$7.5M, PVG +$4.0M.
Fox Factory reports Q4 net sales $353M, breakeven EPS; guides FY25 adj EPS $1.60-$2.60
Q4 net sales $352.8M (+6.1% YoY); GAAP EPS $0.00, adjusted EPS $0.31.
Fox Factory amends credit agreement to relax leverage and interest coverage covenants
Fourth Amendment to $650M credit agreement dated Dec 20, 2024 adds a 'Covenant Relief Period'.
Fox Factory Q3 adj EPS $0.35 vs $1.05 YoY; revenue +8.5% to $359M; guides FY24 adj EPS $1.27-$1.42
Q3 net sales $359.1M (+8.5% YoY); GAAP net income $4.8M ($0.11 EPS) vs $35.3M ($0.83 EPS) last year.
Fox Factory Q2 adj EPS $0.38, revenue $348.5M (-13% YoY); cuts FY24 guidance
Q2 net sales $348.5M, down 13% YoY; net income $5.4M ($0.13 diluted EPS) vs $39.7M ($0.94).
Fox Factory Q1 net loss $0.08/sh; revenue down 16.6% to $333.5M; narrows FY24 outlook
GAAP net loss $3.5M ($0.08 per diluted share) vs net income of $41.8M ($0.98) year ago.
Fox Factory Q4 rev $332.5M (-19% YoY), EPS $0.10; guides FY24 adj EPS $2.30-$2.60
Q4 net sales $332.5M (-18.6% YoY); net income $4.1M vs $53M; diluted EPS $0.10 vs $1.25.
Fox Factory closes Marucci Sports acquisition on Nov 14, 2023
Acquisition of Marucci Sports, LLC closed November 14, 2023 (previously announced).
Fox Factory closes $572M acquisition of Marucci Sports; expects immediate accretion
Acquired Wheelhouse Holdings (Marucci Sports) for $572M EV; funded via $400M term loan + $200M delayed draw.
Fox Factory to acquire Wheelhouse (Marucci Sports) for $572M enterprise value
Enterprise value of $572 million; purchase price subject to working capital and debt adjustments.
Q3 net sales $331.1M (down 19.1% YoY); net income $35.3M ($0.83 EPS); adjusted EPS $1.05.
Fox Factory Q2 net sales $401M (-1.5% YoY), adj EPS $1.21, SSG down 41%, reaffirms FY low end
Q2 net sales $400.7M (-1.5% YoY); net income $39.7M ($0.94 dil EPS) vs $53.5M ($1.26) prior year.
Fox Factory Appoints Dennis Schemm as CFO, Treasurer; Maggie Torres Steps Down
Dennis C. Schemm appointed CFO and Treasurer effective June 12, 2023, with base salary of $550,000.
Fox Factory appoints Dennis Schemm as CFO effective June 12; Maggie Torres to retire
Dennis Schemm appointed CFO and Treasurer effective June 12, 2023, succeeding Interim CFO Maggie Torres.
Fox Factory Q1 sales up 5.8% to $399.9M; EPS $0.98 vs $1.13; guided FY adj EPS $5.00-$5.30
Net income $41.8M, diluted EPS $0.98; non-GAAP adj EPS $1.20 vs $1.32 YoY.
Fox Factory CFO Scott Humphrey to depart April 14; Maggie Torres named interim CFO
CFO Scott Humphrey leaving April 14, 2023; termination without cause; severance includes 12 months base salary ($550,000) and pro-rata bonus.
Fox Factory CFO Scott Humphrey departs; company reaffirms FY2023 guidance
CFO Scott R. Humphrey departs; departure not due to disagreement with operations, policies, or practices.
Fox Factory completes acquisition of Custom Wheel House for $131.6M enterprise value
Acquired Custom Wheel House, parent of Method Race Wheels, for $131.6M enterprise value, subject to adjustments.
Q4 sales $408.6M (+19.4% YoY); net income $53.0M ($1.25 diluted EPS) vs $37.7M ($0.89) prior year.
Fox Factory to acquire Custom Wheel House for $131.6M enterprise value
Enterprise value $131.6M; financed via cash on hand and credit line.
Fox Factory posts record Q3 sales of $409.2M (+17.8% YoY); adj EPS $1.35; Q4 guidance below Q3
Record quarterly sales of $409.2M, up 17.8% YoY; net income $50.8M ($1.20 EPS) vs $43.8M ($1.03 EPS) YoY.
Fox Factory Q2 sales hit record $406.7M, EPS $1.26; guides FY adj EPS $5.00-5.30
Record Q2 sales $406.7M (+23.9% YoY); GAAP diluted EPS $1.26 vs $1.05; adj EPS $1.38 vs $1.20.
Record quarterly sales of $378.0M (+34.4% YoY); GAAP diluted EPS $1.13 vs $0.90; non-GAAP adj. diluted EPS $1.32 vs $1.05.
Fox Factory Q1 sales $378M (+34% YoY); record EPS $1.13, adj. EPS $1.32
Sales $378.0M (+34.4% YoY); gross margin 31.8% (-300bps) on supply chain costs and facility transition.
Fox Factory enters $650M revolver, repays prior $250M revolver and $400M term loan
New $650M revolving credit facility with Wells Fargo as agent; matures April 5, 2027.
Q4 sales $342.3M (+30.5% YoY); full-year sales $1,299.1M (+45.9%).
Fox Factory Q3 FY2021 record sales $347.4M (+33% YoY); adj EPS $1.19 beats $1.07
Record Q3 sales $347.4M, +33.3% YoY; net income $43.8M ($1.03 diluted EPS) vs $38.0M ($0.90) YoY.
Fox Factory posts record Q2 sales of $328M; EPS $1.05 vs $0.32 YoY; guides FY21 rev $1.2-1.24B
Sales $328.2M (+79.2% YoY); GAAP diluted EPS $1.05 (vs $0.32); non-GAAP adj. EPS $1.20 (vs $0.50).
On July 31, 2024, the Board of Directors (the “Board”) of Fox Factory Holding Corp. (the “Company”) approved and announced the departure of Thomas L. Fletcher, President, Aftermarkets Applications Group, effective August 1, 2024 (the “Effective Date”).
On July 31, 2024, the Board of Directors (the “Board”) of Fox Factory Holding Corp. (the “Company”) approved and announced the departure of Thomas L. Fletcher, the President, Aftermarkets Application Group of the Company, effective as of August 1, 2024 (the “Effective Date”).
The Board has appointed Dennis C. Schemm as President, Aftermarket Applications Group of the Company, effective as of the Effective Date. In connection with Mr. Schemm's appointment, Mr. Schemm will remain as the Company's Chief Financial Officer but will no longer serve as Treasurer of the Company.
The Board appointed Brendan R. Enick, Company's current Chief Accounting Officer, as Treasurer of the Company, effective as of the Effective Date.
Ms. Maggie Torres resigned as Interim Chief Financial Officer and Interim Treasurer of the Company and moved to the role of Director of Accounting Projects.
has appointed Dennis C. Schemm (age 57) as the Company’s Chief Financial Officer and Treasurer, effective as of June 12, 2023
On May 25, 2023, Fox Factory Holding Corp. (the “Company”) issued a press release announcing its intention to appoint Dennis C. Schemm (age 57) as the Company’s Chief Financial Officer and Treasurer, effective as of June 12, 2023
Ms. Maggie Torres has agreed to resign as Interim Chief Financial Officer and Interim Treasurer of the Company, effective as of the Effective Date, and move to the role of Director of Accounting Projects.
On April 5, 2023, Fox Factory Holding Corp. (the “Company”) announced that Scott R. Humphrey, Chief Financial Officer and Treasurer, will be leaving the Company on April 14, 2023.
the Board appointed Ms. Maggie Torres as the Company’s Interim Chief Financial Officer and Interim Treasurer to serve while the Company completes its search process for a permanent Chief Financial Officer.
On August 5, 2022, Fox Factory, Inc. (“Fox Inc.”), a wholly owned subsidiary of Fox Factory Holding Corp. (the “Company”), and Mr. Richard T. Winters agreed to a transition plan whereby Mr. Winters would step down from his role as President, Powered Vehicles Group and transition to a Senior Executive Advisor role.
Max materiality 0.88 · Median 0.65 · Most common event earnings