Fox Factory Holding Corp. Enters Into New Credit Facility
Fox Factory Holding Corp. (FOXF)
Last fox factory holding corp. earnings: 3/3 04:05 pm
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US:NASDAQ Investor Relations:
investor.ridefox.com
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Source: GlobeNewswire
BRASELTON, Ga., June 04, 2019 (GLOBE NEWSWIRE) -- Fox Factory Holding Corp. (NASDAQ: FOXF) (“FOX” or the “Company”) today announced it has entered into a new credit facility arrangement (“credit facility”). The credit facility includes a five-year $250 million senior-secured revolving line of credit that will mature in June, 2024. This new credit facility replaces the Company’s existing term loan and line of credit and increases borrowing capacity by approximately $100 million. The Company expects to write off approximately $0.6 million of debt issuance costs associated with the previous facility in the second quarter of fiscal 2019 which is not currently contemplated in the Company’s second quarter and full year guidance. “We are pleased to partner with Bank of America Merrill Lynch on this new credit facility which offers more favorable terms and greater financial flexibility than our existing arrangement. We believe the new facility will support our capital requirements for fu
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FOXF
News
- Fox Factory Holding's (NASDAQ:FOXF) Soft Earnings Are Actually Better Than They Appear [Yahoo! Finance]Yahoo! Finance
- Fox Factory Holding Third Quarter 2024 Earnings: Misses Expectations [Yahoo! Finance]Yahoo! Finance
- Fox Factory Holding Corp. (NASDAQ: FOXF) had its price target lowered by analysts at Roth Mkm from $45.00 to $36.00. They now have a "neutral" rating on the stock.MarketBeat
- Fox Factory Holding Corp. (NASDAQ: FOXF) had its price target lowered by analysts at Truist Financial Co. from $54.00 to $42.00. They now have a "buy" rating on the stock.MarketBeat
- Fox Factory Holding Corp. (NASDAQ: FOXF) had its price target lowered by analysts at Robert W. Baird from $45.00 to $38.00. They now have a "neutral" rating on the stock.MarketBeat
FOXF
Earnings
- 10/31/24 - Miss
FOXF
Sec Filings
- 11/14/24 - Form SC
- 11/14/24 - Form SC
- 11/13/24 - Form SC
- FOXF's page on the SEC website