Fox Factory (NASDAQ:FOXF) Announces Quarterly Earnings Results, Beats Estimates By $0.22 EPS

Key Points

• Fox Factory earned $0.54 per share, beating the $0.32 consensus estimate and topping the year-ago $0.23; quarterly revenue of $338.41 million also slightly exceeded expectations.
• Revenue fell 10.1% year over year, and coverage noted a substantial loss tied to the Marucci sale, tempering the earnings beat.
• The company reduced leverage to about 2x, while analysts’ average rating remained Hold with an average price target of $19.60.

Fox Factory (NASDAQ:FOXF - Get Free Report) issued its earnings results on Friday. The company reported $0.54 EPS for the quarter, topping the consensus estimate of $0.32 by $0.22, FiscalAI reports. Fox Factory had a positive return on equity of 5.57% and a negative net margin of 20.39%. The firm had revenue of $338.41 million during the quarter, compared to analysts' expectations of $337.56 million. During the same period last year, the business earned $0.23 earnings per share. Fox Factory's quarterly revenue was down 10.1% compared to the same quarter last year.

Fox Factory Price Performance

Fox Factory stock traded up $0.88 during mid-day trading on Friday, hitting $17.80. 2,194,612 shares of the company were exchanged, compared to its average volume of 667,006. The company has a quick ratio of 1.55, a current ratio of 3.10 and a debt-to-equity ratio of 0.96. The business has a fifty day moving average of $18.16 and a 200 day moving average of $18.10. Fox Factory has a 1-year low of $13.08 and a 1-year high of $22.09. The company has a market capitalization of $748.15 million, a PE ratio of -2.49, a price-to-earnings-growth ratio of 1.77 and a beta of 1.39.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on FOXF shares. B. Riley Financial reduced their price objective on shares of Fox Factory from $20.00 to $16.00 and set a "neutral" rating for the company in a report on Monday, October 19th. Stifel Nicolaus set a $25.00 target price on shares of Fox Factory in a research note on Wednesday, September 30th. Weiss Ratings raised shares of Fox Factory from a "sell (e+)" rating to a "sell (d-)" rating in a research report on Tuesday, October 6th. Roth Capital reissued a "neutral" rating and issued a $17.00 price target on shares of Fox Factory in a research report on Monday, October 19th. Finally, Zacks Research cut shares of Fox Factory from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, October 20th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, three have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Hold" and an average target price of $19.60.

Key Headlines Impacting Fox Factory

Here are the key news stories impacting Fox Factory this week:

• Positive Sentiment: Q3 earnings were $0.54 per share, above the $0.32 consensus and up from $0.23 a year earlier. Revenue of $338.41 million also narrowly topped estimates of $337.56 million. Fox Factory reports Q3 fiscal 2026 results
• Positive Sentiment: The Q3 highlights cited a reduction in leverage to about 2x, a balance-sheet improvement that may give the company greater flexibility. Q3 earnings call highlights
• Neutral Sentiment: Fox Factory appointed Troy Henige as chief technology officer. The leadership change could matter for future product and technology initiatives, though no immediate financial impact was provided. Fox Factory appoints Troy Henige as CTO
• Negative Sentiment: Revenue was down 10.1% from a year earlier, indicating continued sales pressure. Separate coverage also highlighted a substantial loss tied to the Marucci sale, tempering the positive message from the per-share earnings beat. Fox Factory posts big loss on Marucci sale

Fox Factory Company Profile

Fox Factory Holding Corp. designs, engineers, manufactures and markets performance products for cycling, powered vehicles and other recreational applications. The company is best known for its suspension systems and components, including forks, shocks and related technologies used on mountain bikes, motorcycles, snowmobiles, trucks and side-by-side vehicles.

Through brands including FOX, Race Face, Easton Cycling, Marzocchi, Ride Concepts, Bell, Giro and CamelBak, Fox Factory offers bicycle components, wheels, drivetrain and cockpit products, cycling shoes, helmets, protective equipment, hydration products and apparel.

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