Announcement • Apr 17
Fox Factory Holding Corp. to Report Q1, 2026 Results on May 07, 2026 Fox Factory Holding Corp. announced that they will report Q1, 2026 results at 4:00 PM, US Eastern Standard Time on May 07, 2026 Announcement • Mar 27
Fox Factory Holding Corp., Annual General Meeting, May 08, 2026 Fox Factory Holding Corp., Annual General Meeting, May 08, 2026. Announcement • Feb 10
Fox Factory Holding Corp. Announces Appointment of Two New Independent Directors, Board Retirements, and Formation of Transformation Committee Fox Factory Holding Corp. announced that its board of directors will appoint two new independent directors, including Alan L. Bazaar, and form a Board-level Transformation Committee to drive operational excellence and improve profitability. Mr. Bazaar is currently CEO and Co-Chief Investment Officer of Hollow Brook Wealth Management LLC and brings extensive public company board experience and expertise in value creation and capital allocation. The second independent director, who will be identified by Engine Capital and approved by the Board, is expected to have operational expertise in manufacturing excellence and margin improvement initiatives. The Board will form a Transformation Committee chartered to provide oversight of management's execution of operational improvement initiatives targeting enhanced profitability, working capital efficiency, and disciplined capital allocation. The committee will be chaired by Sidney Johnson and will include Sidney Johnson, both new directors, and an additional existing independent director. Fox Factory Holding Corp. agreed to appoint Mr. Bazaar to the Compensation Committee and the Nominating and Corporate Governance Committee of the Board and to appoint the Additional Independent Director to the Audit Committee of the Board. Fox Factory Holding Corp. agreed that the Board's size will be no greater than seven members without Engine Capital's written consent from the conclusion of the 2026 Annual Meeting until the Termination Date. Fox Factory Holding Corp. announced that Dudley W. Mendenhall will not stand for re-election at the 2026 Annual Meeting and Ted D. Waitman will retire from the Board effective at the 2026 Annual Meeting. Mr. Mendenhall's and Mr. Waitman's departures from the Board are not the result of any disagreement with the Company relating to the Company's operations, policies or practices. Announcement • Feb 06
Fox Factory Holding Corp. to Report Q4, 2025 Results on Feb 26, 2026 Fox Factory Holding Corp. announced that they will report Q4, 2025 results After-Market on Feb 26, 2026 Announcement • Nov 05
Fox Factory Holding Corp. Unveils Live Valve Aftermarket Kits Fox Factory Holding Corp. continues to push the potential of suspension technology with the introduction of Live Valve as an aftermarket upgrade for trucks and Jeeps. Live Valve is the most advanced semi active suspension system available for trucks and Jeeps. It senses terrain and driver inputs hundreds of times a second and adapts the vehicle's suspension instantly. The result is perfectly tuned suspension in every moment, giving drivers greater comfort, control and confidence in their truck, SUV or Jeep's handling. Live Valve isn't just smart. It's suspension with instinct. The product platform is based on proven factory race internal bypass suspension and is further equipped with electronic solenoids, computing hardware, and software which can adjust damping exactly when needed. Sense - Live Valve's Inertial Measurement Unit (IMU) senses the vehicle's pitch, yaw and roll. Combined with vehicle data such as speed, steering wheel angle, brake pressure and torque request (throttle), Live Valve builds a complete picture of what is happening to the vehicle, in every moment. Interpret and Adapt - The Live Valve Electronic Controller Unit (ECU) houses Live IQ, FOX's proprietary software-based algorithm, which interprets all sensor data and calculates the precise damping force needed at each wheel, all in fractions of a second. Every physical force on the vehicle chassis is accounted for as the suspension adapts to the need of the vehicle, from brake dive, acceleration squat, corner velocity, pitch/yaw/roll, G-outs and jumps. Drivers can manually select three different "ride character" modes via the in-cabin Live Valve Mode Selector -- On-Road, Off-Road and a Custom mode specific to their vehicle. Within each mode, the driver can further refine their settings by selecting Comfort, Balanced or Sport tuning. The FOX ConnectApp extends the driving experience of the Live Valve system, featuring a powerful suite of features allowing drivers to get the maximum enjoyment and performance from their ride. Drivers can perform the same functions as the mode selector plus record, review and playback real-time telemetry with GPS location, monitor their system components and the Connect app enables over-the-air updates for all future suspension release features for the Live Valve eco-system of products and accessories. Live Valve gives drivers a ride feel they simply can't get anywhere else. The company engineered the most advanced semi-active suspension system available, one with a proven legacy of winning the toughest races around the globe. Availability across several make and models starting in early 2026. Announcement • Oct 16
Fox Factory Holding Corp. to Report Q3, 2025 Results on Nov 06, 2025 Fox Factory Holding Corp. announced that they will report Q3, 2025 results at 4:00 PM, US Eastern Standard Time on Nov 06, 2025 Announcement • Aug 08
Fox Factory Holding Corp. Provides Earnings Guidance for the Third Quarter and Fiscal Year of 2025 Fox Factory Holding Corp. provided earnings guidance For the third quarter and fiscal year of 2025. For the third quarter of fiscal 2025, the Company expects net sales in the range of $370 million to $390 million.
For the fiscal year 2025, in consideration of the Company’s year-to-date performance and current visibility to tariff impacts, it now expects net sales in the range of $1.45 billion to $1.51 billion. Announcement • Jul 17
Fox Factory Holding Corp. to Report Q2, 2025 Results on Aug 07, 2025 Fox Factory Holding Corp. announced that they will report Q2, 2025 results After-Market on Aug 07, 2025 Announcement • Apr 17
Fox Factory Holding Corp. to Report Q1, 2025 Results on May 08, 2025 Fox Factory Holding Corp. announced that they will report Q1, 2025 results After-Market on May 08, 2025 Announcement • Mar 27
Fox Factory Holding Corp., Annual General Meeting, May 09, 2025 Fox Factory Holding Corp., Annual General Meeting, May 09, 2025. Announcement • Feb 28
Fox Factory Holding Corp. Provides Earnings Guidance for the First Quarter and Fiscal Year 2025 Fox Factory Holding Corp. provided earnings guidance for the first quarter and fiscal year 2025. For the quarter, the company expects net sales in the range of $320 million to $350 million.
For the fiscal year, the company expects net sales in the range of $1.385 billion to $1.485 billion. Announcement • Feb 06
Fox Factory Holding Corp. to Report Q4, 2024 Results on Feb 27, 2025 Fox Factory Holding Corp. announced that they will report Q4, 2024 results After-Market on Feb 27, 2025 New Risk • Nov 06
New minor risk - Insider selling There has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: €294k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.4x net interest cover). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.8% net profit margin). Significant insider selling over the past 3 months (€294k sold). Announcement • Nov 02
Fox Factory Holding Corp. Provides Earnings Guidance for the Fourth Quarter and Fiscal Year 2024 Fox Factory Holding Corp. provided earnings guidance for the fourth quarter and fiscal year 2024. For the quarter, the company expects net sales in the range of $300 million to $340 million.
For the fiscal year, the company expects net sales in the range of $1.341 billion to $1.381 billion. Reported Earnings • Nov 01
Third quarter 2024 earnings released: EPS: US$0.12 (vs US$0.83 in 3Q 2023) Third quarter 2024 results: EPS: US$0.12 (down from US$0.83 in 3Q 2023). Revenue: US$359.1m (up 8.5% from 3Q 2023). Net income: US$4.78m (down 87% from 3Q 2023). Profit margin: 1.3% (down from 11% in 3Q 2023). Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Auto Components industry in Germany. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has fallen by 40% per year, which means it is performing significantly worse than earnings. Announcement • Oct 10
Fox Factory Holding Corp. to Report Q3, 2024 Results on Oct 31, 2024 Fox Factory Holding Corp. announced that they will report Q3, 2024 results at 4:00 PM, US Eastern Standard Time on Oct 31, 2024 Valuation Update With 7 Day Price Move • Sep 19
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to €37.95, the stock trades at a forward P/E ratio of 39x. Average forward P/E is 7x in the Auto Components industry in Germany. Total loss to shareholders of 71% over the past three years. New Risk • Aug 02
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 2.5x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.5x net interest cover). Minor Risks Share price has been volatile over the past 3 months (8.2% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.1% net profit margin). Reported Earnings • Aug 02
Second quarter 2024 earnings released: EPS: US$0.13 (vs US$0.94 in 2Q 2023) Second quarter 2024 results: EPS: US$0.13 (down from US$0.94 in 2Q 2023). Revenue: US$348.5m (down 13% from 2Q 2023). Net income: US$5.41m (down 86% from 2Q 2023). Profit margin: 1.6% (down from 9.9% in 2Q 2023). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Auto Components industry in Germany. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has fallen by 30% per year, which means it is performing significantly worse than earnings. Valuation Update With 7 Day Price Move • Jul 31
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to €48.36, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 7x in the Auto Components industry in Germany. Total loss to shareholders of 63% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €26.83 per share. Announcement • Jul 12
Fox Factory Holding Corp. to Report Q2, 2024 Results on Aug 01, 2024 Fox Factory Holding Corp. announced that they will report Q2, 2024 results After-Market on Aug 01, 2024 Announcement • Jul 03
Fox Factory Holding Corp.(NasdaqGS:FOXF) dropped from Russell 2000 Growth-Defensive Index Fox Factory Holding Corp.(NasdaqGS:FOXF) dropped from Russell 2000 Growth-Defensive Index Recent Insider Transactions • Jun 13
CEO & Director recently bought €464k worth of stock On the 10th of June, Michael Dennison bought around 11k shares on-market at roughly €41.23 per share. This transaction amounted to 24% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent buy, Michael has been a net seller over the last 12 months, reducing personal holdings by €481k. Valuation Update With 7 Day Price Move • May 10
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to €43.28, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 8x in the Auto Components industry in Germany. Total loss to shareholders of 66% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €25.30 per share. Reported Earnings • May 03
First quarter 2024 earnings released: US$0.084 loss per share (vs US$0.99 profit in 1Q 2023) First quarter 2024 results: US$0.084 loss per share (down from US$0.99 profit in 1Q 2023). Revenue: US$333.5m (down 17% from 1Q 2023). Net loss: US$3.50m (down 108% from profit in 1Q 2023). Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 4.8% growth forecast for the Auto Components industry in Germany. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 35% per year, which means it is performing significantly worse than earnings. Announcement • May 03
Fox Factory Holding Corp. Provides Earnings Guidance for the Second Quarter of 2024 and Full Year of 2024 Fox Factory Holding Corp. provided earnings guidance for the second quarter of 2024 and full year of 2024. For the second quarter of fiscal 2024, the Company expects net sales in the range of $340 million to $360 million. For the fiscal year 2024, the Company expects net sales in the range of $1.53 billion to $1.61 billion. Announcement • Apr 23
Fox Factory Holding Corp., Annual General Meeting, May 03, 2024 Fox Factory Holding Corp., Annual General Meeting, May 03, 2024, at 13:00 US Eastern Standard Time. Announcement • Apr 12
Fox Factory Holding Corp. to Report Q1, 2024 Results on May 02, 2024 Fox Factory Holding Corp. announced that they will report Q1, 2024 results After-Market on May 02, 2024 Valuation Update With 7 Day Price Move • Mar 01
Investor sentiment deteriorates as stock falls 23% After last week's 23% share price decline to €46.05, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 9x in the Auto Components industry in Germany. Total loss to shareholders of 53% over the past three years. Announcement • Feb 23
Fox Factory Holding Corp. Provides Earnings Guidance for the First Quarter of Fiscal 2024 and for the Fiscal Year 2024 Fox Factory Holding Corp. provided earnings guidance for the first quarter of fiscal 2024 and for the fiscal year 2024. For the first quarter of fiscal 2024, the Company expects net sales in the range of $315.0 million to $350.0 million.For the fiscal year 2024, the Company expects net sales in the range of $1.53 billion to $1.68 billion. Reported Earnings • Feb 23
Full year 2023 earnings released: EPS: US$2.86 (vs US$4.86 in FY 2022) Full year 2023 results: EPS: US$2.86 (down from US$4.86 in FY 2022). Revenue: US$1.46b (down 8.6% from FY 2022). Net income: US$120.8m (down 41% from FY 2022). Profit margin: 8.3% (down from 13% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 8.2% p.a. on average during the next 2 years, compared to a 4.8% growth forecast for the Auto Components industry in Germany. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings. New Risk • Feb 23
New minor risk - Financial position The company has a high level of debt. Net debt to equity ratio: 54% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (54% net debt to equity). Profit margins are more than 30% lower than last year (8.3% net profit margin). Announcement • Feb 02
Fox Factory Holding Corp. to Report Q4, 2023 Results on Feb 22, 2024 Fox Factory Holding Corp. announced that they will report Q4, 2023 results After-Market on Feb 22, 2024 Valuation Update With 7 Day Price Move • Nov 10
Investor sentiment deteriorates as stock falls 35% After last week's 35% share price decline to €51.00, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 7x in the Auto Components industry in Germany. Total loss to shareholders of 31% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €94.39 per share. New Risk • Nov 07
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.0% average weekly change). Significant insider selling over the past 3 months (€1.3m sold). Announcement • Nov 03
Fox Factory Holding Corp. Provides Earnings Guidance for the Fourth Quarter and Fiscal Year 2023 Fox Factory Holding Corp. provided earnings guidance for the fourth quarter and fiscal year 2023. For the fourth quarter of fiscal 2023, the Company expected net sales in the range of $300 million to $340 million.For the fiscal year 2023, the Company expected net sales at the low end of $1,430 million to $1,470 million. Reported Earnings • Nov 03
Third quarter 2023 earnings released: EPS: US$0.83 (vs US$1.20 in 3Q 2022) Third quarter 2023 results: EPS: US$0.83 (down from US$1.20 in 3Q 2022). Revenue: US$331.1m (down 19% from 3Q 2022). Net income: US$35.3m (down 31% from 3Q 2022). Profit margin: 11% (down from 12% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Auto Components industry in Germany. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Announcement • Oct 13
Fox Factory Holding Corp. to Report Q3, 2023 Results on Nov 02, 2023 Fox Factory Holding Corp. announced that they will report Q3, 2023 results After-Market on Nov 02, 2023 Recent Insider Transactions • Aug 17
CEO & Director recently sold €945k worth of stock On the 10th of August, Michael Dennison sold around 9k shares on-market at roughly €103 per share. This transaction amounted to 32% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Michael's only on-market trade for the last 12 months. Announcement • Aug 04
Fox Factory Holding Corp. Reaffirms Earnings Guidance for the Full Year Fiscal 2023 Fox Factory Holding Corp. reaffirmed earnings guidance for the full year fiscal 2023. For the period, the company reaffirmed outlook at the low end of $1.67 billion to $1.70 billion of sales. Reported Earnings • Aug 04
Second quarter 2023 earnings released: EPS: US$0.94 (vs US$1.27 in 2Q 2022) Second quarter 2023 results: EPS: US$0.94 (down from US$1.27 in 2Q 2022). Revenue: US$400.7m (down 1.5% from 2Q 2022). Net income: US$39.7m (down 26% from 2Q 2022). Profit margin: 9.9% (down from 13% in 2Q 2022). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 8.2% p.a. on average during the next 2 years, compared to a 5.4% growth forecast for the Auto Components industry in Germany. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Announcement • Jul 14
Fox Factory Holding Corp. to Report Q2, 2023 Results on Aug 03, 2023 Fox Factory Holding Corp. announced that they will report Q2, 2023 results After-Market on Aug 03, 2023 Recent Insider Transactions • Jun 04
Insider recently sold €55k worth of stock On the 31st of May, Thomas Fletcher sold around 658 shares on-market at roughly €83.04 per share. This transaction amounted to 41% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €1.6m more than they bought in the last 12 months. Announcement • May 27
Fox Factory Holding Corp. Announces Management Changes Fox Factory Holding Corp. announced appointment of appoint Dennis C. Schemm (age 57) as the Company’s Chief Financial Officer, effective as of June 12, 2023 until his successor has been duly elected and qualified or until death, resignation or removal. Mr. Schemm, previously served as Senior Vice President and Chief Financial Officer of Trex Company Inc. since February 2021 and as Vice President and Chief Financial Officer of Trex Company Inc. between April 2020 and February 2021. Prior to that role, Mr. Schemm served as Executive Vice President and Chief Financial Officer of Continental Building Products between May 2015 and April 2020, and as Vice President, Global Finance for Armstrong Flooring at Armstrong World Industries between May 2013 and April 2015. Mr. Schemm also served as Global Finance Director for Gilbarco-Veeder Root, a Danaher company between May 2011 and May 2013, and in various financial leadership roles within Monsanto Company between June 1996 and April 2011. Mr. Schemm received simultaneous BS degrees in Accounting and Computer Science from Penn State University and a M.B.A. degree from Carnegie Mellon University. In connection with Mr. Schemm's appointment as of the Effective Date, Ms. Maggie Torres has agreed to resign as Interim Chief Financial Officer and Interim Treasurer of the Company, effective as of the Effective Date, and move to the role of Director of Accounting Projects. Ms. Torres's agreement to resign was not the result of any dispute or disagreement with the Company relating to the Company's operations, policies or practices. Mr. Schemm has more than 25 years of experience in finance, with a deep skill set that includes financial risk management, controllership, global financial planning and analysis, treasury, audit, capital allocation strategies, and mergers and acquisitions. Reported Earnings • May 06
First quarter 2023 earnings released: EPS: US$0.99 (vs US$1.14 in 1Q 2022) First quarter 2023 results: EPS: US$0.99 (down from US$1.14 in 1Q 2022). Revenue: US$399.9m (up 5.8% from 1Q 2022). Net income: US$41.8m (down 13% from 1Q 2022). Profit margin: 10% (down from 13% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.5% p.a. on average during the next 2 years, compared to a 5.9% growth forecast for the Auto Components industry in Germany. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth. Announcement • May 05
Fox Factory Holding Corp. Provides Earnings Guidance for the Second Quarter and Fiscal Year 2023 Fox Factory Holding Corp. provided earnings guidance for the second quarter and fiscal year 2023. For the second quarter of fiscal 2023, the Company expects sales in the range of $390 million to $410 million.For the fiscal year 2023, the Company expects sales in the range of $1,670 million to $1,700 million. Buying Opportunity • Apr 06
Now 22% undervalued Over the last 90 days, the stock is up 6.9%. The fair value is estimated to be €125, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 29% over the last 3 years. Earnings per share has grown by 31%. Revenue is forecast to grow by 15% in 2 years. Earnings is forecast to grow by 23% in the next 2 years. Recent Insider Transactions • Mar 03
CFO & Treasurer recently sold €211k worth of stock On the 28th of February, Scott Humphrey sold around 2k shares on-market at roughly €111 per share. This transaction amounted to 14% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Scott's only on-market trade for the last 12 months. Reported Earnings • Feb 28
Full year 2022 earnings released: EPS: US$4.86 (vs US$3.90 in FY 2021) Full year 2022 results: EPS: US$4.86 (up from US$3.90 in FY 2021). Revenue: US$1.60b (up 23% from FY 2021). Net income: US$205.3m (up 25% from FY 2021). Profit margin: 13% (in line with FY 2021). Revenue is forecast to grow 7.6% p.a. on average during the next 2 years, compared to a 5.8% growth forecast for the Auto Components industry in Germany. Over the last 3 years on average, earnings per share has increased by 31% per year whereas the company’s share price has increased by 27% per year. Announcement • Feb 10
Fox Factory Holding Corp. to Report Q4, 2022 Results on Feb 23, 2023 Fox Factory Holding Corp. announced that they will report Q4, 2022 results After-Market on Feb 23, 2023 Valuation Update With 7 Day Price Move • Jan 12
Investor sentiment improved over the past week After last week's 15% share price gain to €99.32, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 7x in the Auto Components industry in Germany. Total returns to shareholders of 66% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €67.89 per share. Board Change • Nov 16
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 2 highly experienced directors. Independent Director Sidney Johnson was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 05
Third quarter 2022 earnings released: EPS: US$1.20 (vs US$1.04 in 3Q 2021) Third quarter 2022 results: EPS: US$1.20 (up from US$1.04 in 3Q 2021). Revenue: US$409.2m (up 18% from 3Q 2021). Net income: US$50.8m (up 16% from 3Q 2021). Profit margin: 12% (in line with 3Q 2021). Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Auto Components industry in Germany. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Announcement • Nov 05
Fox Factory Holding Corp. Provides Sales Guidance for the Fourth Quarter and Fiscal 2022 Fox Factory Holding Corp. provided sales guidance for the fourth quarter and fiscal 2022. For the period, the Company expects sales in the range of $370 million to $390 million.For the fiscal year 2022, the Company expects sales in the range of $1,565 million to $1,585 million. For purposes of fiscal 2022 guidance, company expect full year effective tax rate to be approximately 16%. Announcement • Oct 21
Fox Factory Holding Corp. to Report Q3, 2022 Results on Nov 03, 2022 Fox Factory Holding Corp. announced that they will report Q3, 2022 results at 4:00 PM, US Eastern Standard Time on Nov 03, 2022 Recent Insider Transactions • Aug 27
Independent Director recently sold €258k worth of stock On the 23rd of August, Elizabeth Fetter sold around 3k shares on-market at roughly €99.34 per share. In the last 3 months, there was an even bigger sale from another insider worth €813k. Insiders have been net sellers, collectively disposing of €1.4m more than they bought in the last 12 months. Recent Insider Transactions • Aug 13
President of Specialty Sports Group recently sold €813k worth of stock On the 9th of August, Christopher Tutton sold around 8k shares on-market at roughly €101 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €1.4m more than they bought in the last 12 months. Reported Earnings • Aug 05
Second quarter 2022 earnings released: EPS: US$1.27 (vs US$1.05 in 2Q 2021) Second quarter 2022 results: EPS: US$1.27 (up from US$1.05 in 2Q 2021). Revenue: US$406.7m (up 24% from 2Q 2021). Net income: US$53.5m (up 21% from 2Q 2021). Profit margin: 13% (in line with 2Q 2021). Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Announcement • Aug 05
Fox Factory Holding Corp. Provides Sales Guidance for the Third Quarter and Fiscal Year 2022 Fox Factory Holding Corp. provided sales guidance for the third quarter and fiscal year 2022. For the quarter, the company expects sales in the range of $385 million to $405 million.For the year, the company expects sales in the range of $1,535 million to $1,565 million. Announcement • Jul 22
Fox Factory Holding Corp. to Report Q2, 2022 Results on Aug 04, 2022 Fox Factory Holding Corp. announced that they will report Q2, 2022 results at 4:00 PM, US Eastern Standard Time on Aug 04, 2022 Valuation Update With 7 Day Price Move • Jun 17
Investor sentiment deteriorated over the past week After last week's 17% share price decline to €65.94, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 10x in the Auto Components industry in Germany. Total loss to shareholders of 4.9% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €79.22 per share. Recent Insider Transactions • May 17
President of Powered Vehicles Group recently sold €85k worth of stock On the 12th of May, Richard Winters sold around 1k shares on-market at roughly €75.52 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €891k more than they bought in the last 12 months. Reported Earnings • May 07
First quarter 2022 earnings released: EPS: US$1.14 (vs US$0.91 in 1Q 2021) First quarter 2022 results: EPS: US$1.14 (up from US$0.91 in 1Q 2021). Revenue: US$378.0m (up 34% from 1Q 2021). Net income: US$48.1m (up 27% from 1Q 2021). Profit margin: 13% (in line with 1Q 2021). Over the next year, revenue is forecast to grow 11%, compared to a 9.3% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Buying Opportunity • May 07
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 30%. The fair value is estimated to be €96.65, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 26% over the last 3 years. Earnings per share has grown by 25%. Revenue is forecast to grow by 18% in 2 years. Earnings is forecast to grow by 38% in the next 2 years. Announcement • May 06
Fox Factory Holding Corp. Provides Earnings Guidance for the Second Quarter and Full Year of Fiscal Year 2022 Fox Factory Holding Corp. provided earnings guidance for the second quarter and full year of fiscal year 2022. For the second quarter of fiscal 2022, the company expects sales in the range of $385 million to $405 million. For the fiscal year 2022, the company expects sales in the range of $1,500 million to $1,530 million. Board Change • Apr 27
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 2 highly experienced directors. Independent Director Sidney Johnson was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Apr 22
Fox Factory Holding Corp. to Report Q1, 2022 Results on May 05, 2022 Fox Factory Holding Corp. announced that they will report Q1, 2022 results After-Market on May 05, 2022 Board Change • Apr 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 2 highly experienced directors. Independent Director Sidney Johnson was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Mar 09
Investor sentiment deteriorated over the past week After last week's 16% share price decline to €87.56, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 8x in the Auto Components industry in Germany. Total returns to shareholders of 48% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €105 per share. Board Change • Mar 02
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 2 highly experienced directors. Independent Director Sidney Johnson was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Feb 26
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: US$3.90 (up from US$2.25 in FY 2020). Revenue: US$1.30b (up 46% from FY 2020). Net income: US$163.8m (up 81% from FY 2020). Profit margin: 13% (up from 10% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 12% compared to a 2.4% decline forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 21% per year whereas the company’s share price has increased by 25% per year. Announcement • Feb 25
Fox Factory Holding Corp. Provides Earnings Guidance for the First Quarter of 2022 and Fiscal Year 2022 Fox Factory Holding Corp. provided earnings guidance for the first quarter of 2022 and fiscal year 2022. For the quarter, the company expected sales in the range of $325 million to $340 million.For the fiscal year 2022, the company expected sales in the range of $1,435 million to $1,465 million. Announcement • Feb 11
Fox Factory Holding Corp. to Report Q4, 2021 Results on Feb 24, 2022 Fox Factory Holding Corp. announced that they will report Q4, 2021 results After-Market on Feb 24, 2022 Reported Earnings • Nov 05
Third quarter 2021 earnings released: EPS US$1.04 (vs US$0.91 in 3Q 2020) The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: US$347.4m (up 33% from 3Q 2020). Net income: US$43.8m (up 15% from 3Q 2020). Profit margin: 13% (down from 15% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has increased by 38% per year, which means it is tracking significantly ahead of earnings growth. Recent Insider Transactions • Aug 27
President of Specialty Sports Group recently sold €120k worth of stock On the 24th of August, Christopher Tutton sold around 910 shares on-market at roughly €132 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €1.6m more than they bought in the last 12 months. Reported Earnings • Aug 06
Second quarter 2021 earnings released: EPS US$1.05 (vs US$0.32 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$328.2m (up 79% from 2Q 2020). Net income: US$44.3m (up 251% from 2Q 2020). Profit margin: 14% (up from 6.9% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth. Recent Insider Transactions • Jun 07
Independent Director recently sold €80k worth of stock On the 1st of June, Elizabeth Fetter sold around 624 shares on-market at roughly €128 per share. In the last 3 months, there was an even bigger sale from another insider worth €670k. Insiders have been net sellers, collectively disposing of €4.9m more than they bought in the last 12 months. Recent Insider Transactions • May 26
President of Powered Vehicles Group recently sold €419k worth of stock On the 21st of May, Richard Winters sold around 3k shares on-market at roughly €127 per share. In the last 3 months, there was an even bigger sale from another insider worth €670k. Insiders have been net sellers, collectively disposing of €5.3m more than they bought in the last 12 months. Recent Insider Transactions • May 14
President of Specialty Sports Group recently sold €670k worth of stock On the 11th of May, Christopher Tutton sold around 5k shares on-market at roughly €127 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €5.0m more than they bought in the last 12 months. Reported Earnings • May 07
First quarter 2021 earnings released: EPS US$0.91 (vs US$0.21 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: US$281.1m (up 53% from 1Q 2020). Net income: US$38.0m (up 360% from 1Q 2020). Profit margin: 14% (up from 4.5% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 65% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 07
Fox Factory Holding Corp. Provides Revenue Guidance Second Quarter and Full Year of Fiscal 2021 Fox Factory Holding Corp. provided revenue guidance second quarter and full year of fiscal 2021. For the quarter, the company expects sales in the range of $275 million to $295 million.
For the year, the Company expects sales in the range of $1,110 million to $1,160 million. Valuation Update With 7 Day Price Move • Apr 26
Investor sentiment improved over the past week After last week's 18% share price gain to US$135, the stock trades at a forward P/E ratio of 49x. Average forward P/E is 15x in the Auto Components industry in Europe. Total returns to shareholders of 385% over the past three years. Reported Earnings • Feb 28
Full year 2020 earnings released: EPS US$2.25 (vs US$2.43 in FY 2019) The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: US$890.6m (up 19% from FY 2019). Net income: US$90.7m (down 2.5% from FY 2019). Profit margin: 10% (down from 12% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 52% per year, which means it is tracking significantly ahead of earnings growth. Analyst Estimate Surprise Post Earnings • Feb 28
Revenue beats expectations Revenue exceeded analyst estimates by 1.6%. Over the next year, revenue is forecast to grow 22%, compared to a 9.8% growth forecast for the Auto Components industry in Germany. Announcement • Feb 26
Fox Factory Holding Corp. Announces Executive Changes Fox Factory Holding Corp. Announces the Retirement of Larry L. Enterline as Executive Chair FOX also announced in a separate press release that Larry L. Enterline will retire from the role of Executive Chair of the Board of Directors (the Board") on April 2, 2021 after being a part of the FOX family for nearly a decade. The Board appointed Dudley Mendenhall, who currently serves as the Lead Independent Director and Chair of the Audit Committee, to succeed Mr. Enterline as the Chair of the Board, effective April 2, 2021. The Board appointed Jean Hlay, who currently serves as a member of both the Audit Committee and Compensation Committee, to succeed Mr. Mendenhall as Chair of the Audit Committee, effective April 2, 2021. Announcement • Feb 12
Fox Factory Holding Corp. to Report Q4, 2020 Results on Feb 25, 2021 Fox Factory Holding Corp. announced that they will report Q4, 2020 results After-Market on Feb 25, 2021 Is New 90 Day High Low • Feb 05
New 90-day high: €109 The company is up 34% from its price of €81.50 on 06 November 2020. The German market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Auto Components industry, which is up 30% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €51.52 per share. 
