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Fox Factory Holding Corp - FOXF STOCK NEWS

Welcome to our dedicated news page for Fox Factory Holding (Ticker: FOXF), a resource for investors and traders seeking the latest updates and insights on Fox Factory Holding.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Fox Factory Holding's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Fox Factory Holding's position in the market.

Rhea-AI Summary
Fox Factory Holding Corp. (FOXF) will announce Q1 results on May 2, 2024, with a conference call to follow. The call will be broadcast live over the Internet and archived online for one year.
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Rhea-AI Sentiment
End-of-Day
-0.54%
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Rhea-AI Summary
Upfit UTV Inc., a subsidiary of Fox Factory Holding Corp., launches high-performance luxury UTVs with unmatched quality, performance, and reliability. The vehicles are customized to meet unique preferences and offer industry-leading features. The company's new facility in Phoenix showcases its commitment to excellence, and proprietary technologies set new standards in vehicle performance and design.
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End-of-Day
0.58%
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Rhea-AI Summary
Fox Factory Holding Corp. (NASDAQ: FOXF) reported financial results for Q4 and FY 2023, highlighting net sales of $332 million, Marucci acquisition, net income of $4 million, adjusted EBITDA margin of 11.7%, and $25 million returned to shareholders. Despite challenges in SSG and PVG, the Company remains focused on innovation and product development.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-26.82%
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Rhea-AI Summary
Fox Factory Holding Corp. (Nasdaq: FOXF) will announce fourth quarter and fiscal year 2023 results on February 22, 2024, after the market close. A conference call with the executive management team will follow, discussing the results and additional details. The call will be broadcast live over the Internet and archived online for one year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.03%
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Rhea-AI Summary
Fox Factory Holding Corp. (NASDAQ: FOXF) announces the $572 million acquisition of Wheelhouse Holdings, Inc., the parent company of Marucci Sports LLC, which is expected to be immediately accretive to top and bottom-line performance. The acquisition advances FOX's position as a diversified provider of market-leading branded products, with significant growth potential and value-additive synergies. The deal also aligns with FOX's history of successful diversification through acquisitions, driving counter cyclicality and enhanced diversification to the company overall.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.41%
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Rhea-AI Summary
Marucci Sports, LLC transaction combines two leading brands that are disrupting their respective industries through innovation and technology. Full year 2023 sales guidance adjusted to $1.43 - $1.47 billion. Company reaffirms 2025 vision of $2 billion sales and 25.0% adjusted EBITDA margin. Company announces share repurchase plan for up to $300 million of common stock. Net income of $35 million, earnings per diluted share of $0.83, and net income margin of 10.7%. Cost control and continuous improvement initiatives deliver strong adjusted EBITDA margin of 19.2%. Strong cash flow and balance sheet focus reduces revolver borrowings by $135 million achieving net leverage of 0.5 times.
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Rhea-AI Sentiment
End-of-Day
-27.19%
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Rhea-AI Summary
Fox Factory Holding Corp. to announce Q3 2023 results on November 2, 2023
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Rhea-AI Sentiment
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-3.18%
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Rhea-AI Summary
Fox Factory Holding Corp. (NASDAQ: FOXF) reported strong quarterly net sales of $401 million, driven by PVG and AAG sales growth. Net income was $40 million with an EPS of $0.94. Adjusted EPS was $1.21 and adjusted EBITDA was $79 million, exceeding expectations. The company reaffirms its full year fiscal 2023 outlook at the low end of $1.67 billion to $1.70 billion of sales.
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3.97%
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2.43%
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Rhea-AI Sentiment
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0.93%
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Fox Factory Holding Corp

Nasdaq:FOXF

FOXF Rankings

FOXF Stock Data

1.78B
41.81M
0.38%
104.91%
4.98%
Motorcycle, Bicycle, and Parts Manufacturing
Manufacturing
Link
US
Braselton

About FOXF

redefining ride dynamics fox gives you the confidence to push your limits no matter what your experience level. for over three decades, our team of enthusiasts and professional athletes have been uniquely committed to redefining ride dynamics that improve your performance.