The earnings call highlighted strong revenue growth and margin improvements across various segments. However, these were overshadowed by a significant goodwill impairment and associated net loss, along with ongoing challenges posed by tariffs. The balance between positive operational achievements and substantial financial setbacks suggests a cautious outlook.
Company Guidance
In the first quarter of fiscal year 2025, Fox Factory Holding Corp reported sales of $355 million, reflecting a 6.5% growth over the prior year. The company's adjusted earnings per share were $0.23, in line with expectations. Notably, gross margin improved by 200 basis points to 30.9%, driven by strategic cost management initiatives. Adjusted EBITDA was reported at $39.6 million, with a margin of 11.2%. The Powered Vehicles Group saw a 3.4% increase in net sales to $122.1 million, while the Aftermarket Applications Group experienced a 9.9% sales rise to $111.9 million. The Specialty Sports Group reported a 6.6% sales increase to $121 million. The company reaffirmed its full-year guidance, anticipating revenue between $1,385 million and $1,485 million and adjusted earnings per diluted share ranging from $1.60 to $2.60, despite potential tariff impacts estimated at a gross effect of $50 million annually.
Strong Revenue Growth
First quarter sales exceeded expectations at $355 million, representing a growth of 6.5% over the prior year.
Gross Margin Improvement
Achieved a 200 basis point sequential increase in gross margin to 30.9%.
Aftermarket Applications Group Performance
Delivered top-line growth with net sales increasing 9.9% and a sequential adjusted EBITDA margin improvement of 330 basis points.
Specialty Sports Group Growth
Net sales increased 6.6%, with strong performance in the bike business and Marucci.
Operational Efficiency
Implemented cost optimization strategies aimed at realizing $25 million in savings, with significant progress in manufacturing footprint consolidation.
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Fox Factory Holding (FOXF) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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FOXF Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
May 08, 2025
$21.35
$23.78
+11.38%
Feb 27, 2025
$25.48
$27.73
+8.83%
Oct 31, 2024
$35.99
$34.02
-5.47%
Aug 01, 2024
$49.53
$41.48
-16.25%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Fox Factory Holding (FOXF) report earnings?
Fox Factory Holding (FOXF) is schdueled to report earning on Jul 31, 2025, TBA Not Confirmed.
What is Fox Factory Holding (FOXF) earnings time?
Fox Factory Holding (FOXF) earnings time is at Jul 31, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.