FOXF Stock Recent News

Fox Factory's woes continue as it faces lower earnings and offered a dismal outlook for 2024. The company designs and manufactures high-performance suspension products for various applications. Despite current challenges, long-term growth potential remains, with the company aiming for $2 billion in sales by 2025 as this could drive a spectacular recovery.

Fox Factory Holding Corp. (NASDAQ:FOXF ) Q1 2024 Earnings Conference Call May 2, 2024 4:30 PM ET Company Participants Toby Merchant - Chief Legal Officer, Chief Compliance Officer and Secretary Michael Dennison - Chief Executive Officer Dennis Schemm - Chief Financial Officer and Treasurer Conference Call Participants Lawrence Solow - CJS Securities James Duffy - Stifel Anna Glaessgen - B. Riley Bret Jordan - Jefferies Michael Swartz - Truist Securities Scott Stember - ROTH MKM Operator Good afternoon, ladies and gentlemen.

Although the revenue and EPS for Fox Factory Holding (FOXF) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Investors looking for stocks in the Automotive - Domestic sector might want to consider either General Motors Company (GM) or Fox Factory Holding (FOXF). But which of these two stocks offers value investors a better bang for their buck right now?

The vehicle industry supplier didn't exactly have a fourth quarter to remember. Net sales and profitability were both down on a year-over-year basis.

Fox Factory Holding (FOXF) came out with quarterly earnings of $0.48 per share, missing the Zacks Consensus Estimate of $0.82 per share. This compares to earnings of $1.43 per share a year ago.

DULUTH, Ga., Feb. 01, 2024 (GLOBE NEWSWIRE) -- Fox Factory Holding Corp. (Nasdaq: FOXF) (the “Company”) will announce results for the fourth quarter and fiscal year 2023 ended December 29, 2023, on Thursday, February 22, 2024, after the market close.

Fox Factory Holding manufactures performance products for various vehicles and has a dominant presence in the US. FOXF's margins have come under pressure recently, but I view these pressures to be temporary. Along with margin pressures, the company announced an acquisition that resulted in a sell-off in the share price, creating a buying opportunity for long-term investors.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Fox Factory Holding Corp. (NASDAQ:FOXF ) Q3 2023 Earnings Conference Call November 2, 2023 4:30 PM ET Company Participants Vivek Bhakuni - Senior Director, Investor Relations & Business Development Mike Dennison - Chief Executive Officer Dennis Schemm - Chief Financial Officer & Treasurer Conference Call Participants Larry Solow - CJS Securities Jim Duffy - Stifel Anna Glaessgen - B. Riley Mike Swartz - Truist Alex Perry - Bank of America Craig Kennison - Baird Operator Good afternoon ladies and gentlemen and thank you for standing by.