Fox Factory reports Q2 adjusted EPS 40c, consensus 44c

Reports Q2 revenue $374.86M, consensus $349.47M. “We delivered significant progress in the second quarter with $375 million in net sales, representing growth across all three segments, both sequentially and year-over-year, along with continued adjusted EBITDA margin improvement,” commented Mike Dennison, FOX’s Chief Executive Officer. “Our focus on world class product innovation continues to drive growth even in these highly uncertain times. While our premium products are bolstering the top line, our operational improvement and strategic cost management initiatives are yielding tangible results on the bottom line.