Fox Factory Holding Corp. Reports Q2 2025 Results

Fox Factory Holding ( (FOXF) ) has released its Q2 earnings. Here is a breakdown of the information Fox Factory Holding presented to its investors.

Fox Factory Holding Corp., a global leader in the design and manufacturing of performance products for specialty sports and vehicles, reported its second-quarter fiscal 2025 financial results, highlighting growth across all segments. The company, known for its premium brands like FOX and Marucci, continues to innovate in the sports and automotive sectors.

In the second quarter of fiscal 2025, Fox Factory Holding Corp. achieved net sales of $374.9 million, marking a 7.6% increase compared to the same period last year. Despite the rise in sales, net income decreased to $2.7 million from $5.4 million in the previous year, primarily due to increased operating expenses related to restructuring and innovation efforts. Adjusted EBITDA improved to $49.3 million, reflecting the company’s focus on operational efficiency and cost management.

Key financial metrics for the quarter included a year-over-year net sales increase driven by growth in the Specialty Sports Group, Aftermarket Applications Group, and Powered Vehicles Group. Adjusted earnings per diluted share rose slightly to $0.40, despite a high effective tax rate. The company also reported progress in its cost reduction initiatives, which helped mitigate the impact of tariffs and improve net leverage.

Looking ahead, Fox Factory Holding Corp. remains committed to product innovation and operational excellence. The management anticipates continued growth and profitability as market conditions stabilize and expects net sales for fiscal 2025 to range between $1.45 billion and $1.51 billion. The company is poised to navigate challenges such as tariffs and macroeconomic conditions while maintaining its leadership in the performance products market.