Fox Factory Holding Corp. Announces Fourth Quarter and Fiscal 2020 Financial Results

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Go back to Fox Factory Holding Corp. Announces Fourth Quarter and Fiscal 2020 Financial Results

Fox Factory Holding (FOXF) Tops Q4 EPS by 11c, Revenues Beat; Offers 1Q EPS/Revenue Guidance Above Consensus, Provides FY21 EPS/Revenue Outlook

February 25, 2021 5:08 PM EST

Fox Factory Holding (NASDAQ: FOXF) reported Q4 EPS of $0.90, $0.11 better than the analyst estimate of $0.79. Revenue for the quarter came in at $262.4 million versus the consensus estimate of $248.15 million.

Fourth Quarter Fiscal 2020 Highlights

Sales increased 41.2% to $262.4 million, compared to $185.9 million in the same period last fiscal yearGross margin decreased 30 basis points to 31.8%, compared to 32.1% in the same period last fiscal year; non-GAAP adjusted gross margin decreased 10 basis points to 32.0% compared to 32.1% in the same period last fiscal yearNet income attributable to FOX stockholders was $31.8 million, or 12.1% of sales and $0.75 of... More