Fox Factory Holding (FOXF) Tops Q3 EPS by 20c, Revenues Beat; Offers 4Q & FY20 EPS/Revenue Guidance Above Consensus

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Fox Factory Holding Corp. Announces Third Quarter Fiscal 2020 Financial Results

November 10, 2020 4:05 PM EST

Achieves Record Third Quarter Sales of $260.7 MillionGross Margin Increases 130 Basis Points to 34.3%Reports Earnings per Diluted Share of $0.90Record Adjusted Earnings per Diluted Share of $1.07Reinitiates Fiscal 2020 Guidance

BRASELTON, Ga., Nov. 10, 2020 (GLOBE NEWSWIRE) -- Fox Factory Holding Corp. (NASDAQ: FOXF) (FOX or the Company) today reported financial results for the third quarter and nine months ended October 2, 2020.

Third Quarter Fiscal 2020 Highlights

Sales increased 23.4% to $260.7 million, compared to $211.3 million in the same period last fiscal yearGross margin... More