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Stock impact report

Fox Factory Holding Corp. Reports First Quarter Fiscal 2024 Financial Results [Yahoo! Finance]

Fox Factory Holding Corp. (FOXF) 
Last fox factory holding corp. earnings: 3/3 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.ridefox.com
Company Research Source: Yahoo! Finance
in the design, engineering and manufacturing of performance-defining products and systems for customers worldwide, today reported financial results for the first fiscal quarter ended March 29, 2024. First Quarter Fiscal 2024 Highlights Strategic diversification, demonstrated as the mix of aftermarket sales, increased to of net sales from in the prior year quarter New product launches ramp led by the first Fox Factory branded off-road upfitted truck, model year '25 bike releases and the introduction of side-by-side upfits Net sales for the first quarter of fiscal 2024 were $333.5 million and in line with expectations Loss per diluted share for the first quarter of fiscal 2024 was , and adjusted earnings per diluted share was and above our expectations Net income margin decreased 220 basis points sequentially from 1.2% in the fourth quarter of fiscal 2023 Adjusted EBITDA margin improved sequentially to from 11.7% due to the strength of aftermarket sales Management Commen Show less Read more
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