Fox Factory Holding Corp. Reports Third Quarter Fiscal 2024 Financial Results
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
DULUTH, Ga., Oct. 31, 2024 (GLOBE NEWSWIRE) -- Fox Factory Holding Corp. (NASDAQ: FOXF) (“FOX” or the “Company”), a premium brand and a global leader in the design, engineering and manufacturing of performance-defining products and systems for customers worldwide, today reported financial results for the third fiscal quarter ended September 27, 2024. Third Quarter Fiscal 2024 Highlights Net sales for the third quarter of fiscal 2024 were $359.1 million, a sequential increase of 3.1% and an 8.5% increase over the prior yearRevenue and earnings per diluted share within the low end of our guidance rangeBike revenues grew 21.9% sequentially, and 38.7% over the prior yearExecuted $400 million in interest rate swap hedges to reduce interest expense and provide greater predictabilityInitiated strategic actions in AAG segment in third quarter aimed at improving inventory positionAnnounced expanded cost optimization efforts targeting more than $25 million across enterprise to recapture mar
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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