What does Fox Factory Holding do and what are its main business segments?

What is the market's earnings forecast for Fox Factory Holding next quarter?

What is Fox Factory Holding's gross profit margin?

What is Fox Factory Holding's latest dividend and current dividend yield?

What were the key takeaways from Fox Factory Holding's earnings call?

What guidance did Fox Factory Holding's management provide for the next earnings period?

Did Fox Factory Holding beat or miss consensus estimates last quarter?

What factors drove the changes in Fox Factory Holding's revenue and profit?

- **$50M Cost Savings Target**: 2026 actions to deliver $50M savings, including $25M from Phase 1 carryover and $25M new initiatives, driving 200bps margin improvement.
- **Divestiture Benefits**: Immediate margin accretion from Phoenix operations exit, with $15M net tariff impact in H1 2026.
- **Balance Sheet Focus**: Debt reduction prioritized, with 2026 leverage ratio target of 3.74x.
- **Tariff Mitigation**: $25M of 2025 tariff impact mitigated, 2026 expects 50% mitigation of $30M gross impact.
- **Segment Growth**: PVG and AAG segments show resilience, while SSG faces industry challenges.

**CEO Summary Section**
- **Revenue Growth and Margin Focus**: FY2025 net sales of $1.47 billion (+5.3% YoY), with Q4 sales of $361.1 million (+2.3% YoY). Emphasis on profitable growth through Phase 1 ($25M savings) and Phase 2 ($50M target savings in 2026), including divestitures of dilutive businesses (e.g., Phoenix operations) and supply chain optimization.
- **Segment Performance**: 
  - **PVG**: Stable automotive OE business, margin improvement from Phase 1 cost actions.
  - **AAG**: Q4 sales of $126.2M (+12.5% YoY), driven by Sport Truck and RideTech. Divestiture of Phoenix operations expected to improve margins.
  - **SSG**: Q4 sales of $118.2M (-5% YoY), facing industry challenges but maintaining brand strength.
- **Tariff Impact**: $50M gross tariff impact in 2025, with $25M mitigated. 2026 expects $30M gross impact, with $15M net impact in H1.
- **2026 Outlook**: Net sales $1.328B-$1.416B (-6.5% YoY midpoint), adjusted EBITDA margin of 13.7% (vs. 11.5% in 2025), targeting 200bps improvement.

**CFO Financial Commentary**
- **Q4 2025 Results**: 
  - Gross margin 28.3%, down 60bps YoY due to product mix and tariffs.
  - Adjusted EBITDA $35M (9.7% margin), down from $40.4M (11.5% margin) in Q4 2024.
  - Debt reduced by $33M in 2025 to $673.5M, with 2026 CapEx targeting 2% of revenue.
- **2026 Guidance**: 
  - Net sales decline driven by divestitures, product rationalization, and macro headwinds.
  - Adjusted EBITDA $174M-$203M (13.7% margin), reflecting $50M cost savings and tariff mitigation.
  - Free cash flow generation and debt paydown prioritized.

**Q&A Highlights**
- **Divestiture Impact**: Phoenix operations divestiture expected to close Q1 2026, immediately accretive to AAG margins. Proceeds used for debt reduction.
- **Tariff Refunds**: Pursuing refunds but not included in 2026 guidance due to uncertainty.
- **Balance Sheet Goals**: Targeting leverage ratio reduction, with 2026 focus on working capital efficiency and CapEx discipline.


Fox Factory Holding Corp. (FOXF) Q4 2025 Earnings Call Transcript

- **Q3 Growth Despite Challenges**: Net sales +5% YoY, EBITDA +6% YoY, driven by AAG and PVG. SSG underperformance due to channel inventory depletions.
- **External Risks Impacting Q4**: Aluminum supplier fire and macroeconomic headwinds expected to reduce Q4 sales by $10-30 million.
- **Cost Management Progress**: $25 million cost reduction program on track, with footprint consolidation completed in Q4.
- **2026 Focus**: Margin recovery, core product growth, and prudent capital allocation to reduce leverage.

**【CEO Summary Section】**
- **Q3 2025 Results**: Net sales of $376.4 million (+5% YoY), adjusted EBITDA of $44.4 million (+6% YoY). Growth driven by AAG and PVG, offset by SSG underperformance.
- **Segment Performance**:
  - **PVG**: $125.9 million (+15% YoY), impacted by an aluminum supplier fire affecting truck production. New product launches in automotive OE and powersports aftermarket (e.g., Stratton Shocks, live valve suspension).
  - **AAG**: $117.8 million (+17.4% YoY), driven by aftermarket components and upfitting. Strategic OEM partnership for a 702-horsepower supercharged truck program.
  - **SSG**: $132.7 million (-11% YoY), challenged by channel inventory management and macroeconomic headwinds in Marucci and bike businesses.
- **Strategic Initiatives**:
  - **Footprint Consolidation**: Completed Q4 2025, with $2.5 million one-time costs in Q3. AAG and SSG consolidations to improve long-term margins.
  - **Cost Reduction Program**: On track to achieve $25 million annualized savings by year-end.
  - **Portfolio Optimization**: Focusing on high-margin SKUs, including new bike platforms and softball/footwear expansions.
- **2026 Outlook**: Preparing for macroeconomic challenges with a focus on margin enhancement, prudent capital spending, and core product growth.

**【CFO Financial Commentary】**
- **Q3 Financials**: GAAP net loss of $0.6 million (-90% YoY), adjusted EBITDA of $44.4 million (+6% YoY). Gross margin improved to 30.4% due to product mix shifts.
- **Q4 Guidance**: Net sales $340-370 million (-10% to -1% YoY), adjusted EPS $0.05-0.25. Key drivers: SSG channel inventory depletions and PVG supply chain disruptions.
- **Full Year 2025**: Updated net sales $1.445-1.475 billion (-1% to +1% YoY), adjusted EPS $0.92-1.12. Pre-mitigated tariffs of $50 million, with 50% offset through countermeasures.
- **Liquidity**: Total debt reduced by $17.4 million YTD, amended credit agreement extended to 2030.

**【Q&A Key Highlights】**
- **Aluminum Supplier Fire Impact**: Expected to affect Q4 and Q1 2026, primarily in PVG and AAG. Resolution anticipated mid-Q1.
- **Bike Market Outlook**: Q4 focus on retail inventory management, with bike business stabilizing despite industry challenges.
- **2026 Budgeting**: Emphasis on cost optimization, CapEx reduction (targeting <1% of revenue), and free cash flow generation.
- **Auto Upfitting Trends**: Premium trucks (e.g., $60k+ models) outperforming, driven by product innovation and strategic customer engagement.


Fox Factory Holding Corp. (FOXF) Q3 2025 Earnings Call Transcript

- **Revenue Growth**: Q2 net sales up 7.6% YoY to $375M, with adjusted EBITDA margin at 13.1%, highest in 2 years.
- **Cost Savings**: $25M cost reduction program delivers 30% benefits; in-sourcing parts increased 20% to mitigate tariffs.
- **Segment Strength**: PVG motorized 2-wheel business drives 4.9% growth; SSG bike business leads 11% YoY growth.
- **Tariff Impact**: Pre-mitigated cost rises to $50M vs. $38M, narrowing EPS guidance to $1.60-$2.00.
- **Marucci Momentum**: Record year expected with Japan expansion (140-150% growth) and softball market entry.
- **Free Cash Flow**: Targeting $80M for FY2025, with net leverage to drop below 3.0x by year-end.


**【CEO Summary Section】**
- Q2 2025 net sales of $375 million, up 7.6% YoY, with adjusted EBITDA margin improving to 13.1%, the highest in nearly 2 years.
- Key initiatives: footprint consolidation (e.g., Taiwan and Indiana manufacturing), portfolio optimization, working capital management, and a $25M cost reduction program (30% benefits realized).
- Segment highlights:
  - **Powered Vehicles Group (PVG)**: 4.9% YoY growth driven by motorized 2-wheel business; EBITDA margin improved 150bps to 13.3%.
  - **Aftermarket Applications Group (AAG)**: 6.5% YoY growth in net sales, despite tariff-related margin compression.
  - **Specialty Sports Group (SSG)**: 11% YoY growth, with bike business leading and Taiwan facility cost savings.
- Full year sales guidance raised to $1.45B-$1.51B, but EPS guidance narrowed to $1.60-$2.00 due to $50M pre-mitigated tariff impact (vs. $38M initially).

**【CFO Financial Commentary】**
- Q2 GAAP net income: $2.7M ($0.07 EPS) vs. $5.4M ($0.13 EPS) YoY; adjusted net income: $16.6M ($0.41 EPS) vs. $15.9M ($0.38 EPS).
- Adjusted EBITDA: $49.3M (13.1% margin), up 11.8% YoY.
- Working capital as % of LTM sales improved 80bps to 30.7%; net leverage reduced to 3.8x, targeting <3.0x by year-end.
- Free cash flow expected: $80M for FY2025.

**【Q&A Highlights】**
- **Sales Guidance**: Raised due to $50M first-half outperformance, with back-half execution on plan.
- **Tariffs**: Pre-mitigated impact now $50M vs. $38M; 50% mitigation via supply chain, pricing, and in-sourcing (e.g., 20% increase in in-sourced parts).
- **PVG Performance**: Motorcycle business growth offsetting powersports softness; 4-5 new OEM relationships added.
- **Marucci Business**: Expected record year, driven by Japan expansion (140-150% YoY growth), softball market entry, and MLB partnerships.
- **Bike Industry**: First-half growth due to model year timing; second-half moderation reflects OEM inventory discipline.
- **EPS Adjustment**: Tariff headwinds ($50M vs. $38M) and tax impact ($0.05 EPS drag) narrowed guidance to $1.60-$2.00.


Fox Factory Holding Corp. (FOXF) Q2 2025 Earnings Call Transcript

- **Q1 Strong Execution**: $355M revenue (+6.5% YoY), 30.9% gross margin (+200bps QoQ)
- **Cost Optimization Impact**: $25M savings plan driving 30%+ H2 benefits
- **Segment Momentum**: AAG EBITDA margin 15.2% (330bps improvement), PVG motorcycle growth
- **Tariff Mitigation**: $50M annualized impact, 70% wheels production in-sourced
- **Debt Reduction Focus**: Target 3x net leverage by year-end
- **International Expansion**: Wheels in Middle East, bikes in China, baseball bats in Japan

**【CEO Summary Section】**
- Q1 2025 revenue of $355 million (+6.5% YoY), with adjusted EPS of $0.23 in line with expectations.
- 200 basis point sequential improvement in gross margin to 30.9%, driven by cost optimization and operational efficiency.
- Four key initiatives: 
  1. Simplifying global manufacturing (Taiwan facility closure to reduce overhead)
  2. Portfolio optimization (focusing on high-margin motorcycle and aftermarket products)
  3. Working capital management (inventory builds for tariff mitigation)
  4. $25M cost reduction plan (30%+ impact in H2 2025)
- Segment highlights:
  - PVG: +3.4% sales, motorcycle business offsetting powersports softness
  - AAG: +9.9% sales, 15.2% EBITDA margin (330bp sequential improvement)
  - SSG: +6.6% sales, bike business stabilization

**【CFO Financial Commentary】**
- Q1 GAAP net loss of $259.7M (-$6.23 EPS) due to $262M goodwill impairment
- Adjusted EBITDA of $39.6M (11.2% margin) vs. $40.4M (12.1% margin) YoY
- Working capital focus: 
  - Inventory up $4.1M for AAG stocking
  - Prepaids down $26M from Q4
- Full-year guidance reaffirmed:
  - Sales $1.385B-$1.485B
  - Adjusted EPS $1.60-$2.60
  - Tariff impact quantified at $50M annualized
- Debt reduction priority: Targeting 3x net leverage by year-end

**【Q&A Key Themes】**
- **Tariff Mitigation**: 
  - $50M annualized cost impact
  - Strategies: in-sourcing (Gainesville plant +1,000bps), price adjustments, diversified supply chain
  - No material Q1 demand pull-forward
- **International Growth**: 
  - Wheels business expanding in Middle East/Australia
  - Bike partnerships in China
  - Baseball bats in Japan
- **Inventory Quality**: 
  - Purposeful builds for AAG aftermarket
  - Focus on right-sizing across segments
- **Gainesville Plant**: 
  - Machine part in-sourcing up 70% YoY
  - Toyota production ramping successfully

Fox Factory Holding Corp. (FOXF) Q1 2025 Earnings Conference Call Transcript

- **Cost Savings Momentum**: $25M cost reduction plan on track, with $63M debt paydown in Q4 and full impact visible in 2026. 
- **Segment Growth Drivers**: AGwagon and agricultural vehicles diversify AAG; Marucci MLB partnership positions for 2025 upside. 
- **Margin Improvement**: Sequential EBITDA margin gains in PVG (310bps) and AAG (250bps) through inventory optimization. 
- **Tariff Resilience**: Minimal direct exposure, but cautious on inflationary impact on consumer demand. 
- **2025 Guidance**: Flat to mid-single-digit sales growth, with 30%-35% of cost savings in H1 driving EPS range of $1.60-$2.60.

**【CEO Summary Section】**
- The company delivered Q4 sales in line with guidance, with progress on a $25 million cost reduction initiative and $63 million debt paydown. 
- Adjusted EBITDA margin improved sequentially in both Powered Vehicle Group (PVG) and Aftermarket Applications Group (AAG) through inventory optimization and chassis mix management. 
- Strategic initiatives include facility consolidation in Taiwan, new OEM partnerships (BMW, Ducati, Triumph), and expansion into agricultural vehicles (AGwagon). 
- 2025 outlook assumes cautious near-term demand but expects margin improvement through cost savings and operational excellence.

**【CFO Financial Commentary】**
- Q4 net sales: $352.8 million (+6.1% YoY), driven by Marucci acquisition and bike segment growth. 
- Adjusted EBITDA: $40.4 million (11.5% margin), down 20bps YoY due to inventory actions in bike business. 
- Full year 2024 adjusted EBITDA: $167 million (-36% YoY) reflecting industry challenges. 
- 2025 guidance: $1.385B-$1.485B net sales, $1.60-$2.60 EPS, with 30%-35% of $25M cost savings impacting H1. 
- Debt reduction remains top priority, with $63M paid down in Q4.

**【Key Q&A Highlights】**
- **Taiwan Facility Consolidation**: Capacity aligned with pre-COVID levels, but 25% more efficient. Future growth may shift to Southeast Asia. 
- **Marucci MLB Partnership**: 2025 impact TBD, but MLB season (Q2-Q3) expected to drive bat sales. 
- **Tariffs Impact**: Minimal direct exposure, but potential inflationary pressure on consumer demand. 
- **PVG Growth**: New OEM wins (CFMOTO, Buell) offset powersports weakness; 2025 flat to down outlook. 
- **Cost Savings Execution**: 25% of $25M savings realized in Q3/Q4, full impact visible in 2026.

**【2025 Segment Outlook】**
- **AAG**: Sequential improvement in chassis mix, dealer engagement, and AGwagon launches. 
- **PVG**: Flat to down due to powersports inventory challenges, but 25%+ EBITDA margin target. 
- **SSG**: Bike business cautious (flat to low-single-digit), Marucci double-digit growth. 
- **Free Cash Flow**: Target >$50M, driven by working capital improvements and cost savings.

**【Risk Factors】**
- Tariff-related inflationary pressure on consumer demand. 
- OEM production delays and inventory management challenges. 
- Economic uncertainty impacting high-end vehicle purchases. 
- Regulatory changes affecting supply chain costs.


Actual											0.52	0.5	1.07	0.9	1.05	1.2	1.19	1.06	1.32	1.38	1.35	1.43	1.2	1.21	1.05	0.48	0.29	0.38	0.35	0.31	0.23	0.4	0.23	0.2
Forecast											0.5638	0.2644	0.8711	0.7878	0.82	1.0178	1.1256	1.05	1.1357	1.22	1.2957	1.2143	1.1943	1.1313	1.1025	0.8263	0.19	0.3463	0.4075	0.2852	0.215	0.4371	0.5458	0.15
Surprise	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-7.77%	+89.11%	+22.83%	+14.24%	+28.05%	+17.90%	+5.72%	+0.95%	+16.23%	+13.11%	+4.19%	+17.76%	+0.48%	+6.96%	-4.76%	-41.91%	+52.63%	+9.73%	-14.11%	+8.70%	+6.98%	-8.49%	-57.86%	+33.33%

FOXF

FOXF fundamentals

FOXF Q4 2025 Earnings

Earnings Call

You can ask Aime

FOXF

FOXF fundamentals

FOXF Q4 2025 Earnings

Earnings Call

FOXF Earnings Call Summary for Q4/20254:30 PM on Feb 26, 2026

FOXF Earnings Call Summary for Q3/20254:30 PM on Nov 6, 2025

FOXF Earnings Call Summary for Q2/20254:30 PM on Aug 7, 2025

FOXF Earnings Call Summary for Q1/20254:30 PM on May 8, 2025

FOXF Earnings Call Summary for Q4/20244:30 PM on Feb 27, 2025

You can ask Aime