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Fox Factory Holding (DE:FF0)
FRANKFURT:FF0
Earnings Data
Report Date
May 01, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.2Last Year’s EPS
0.27Same Quarter Last Year
Moderate Buy
Based on 6 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 27, 2025
|% Change Since: -1.72%
|Next Earnings Date:May 01, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a mixed picture with significant achievements in cost reduction, new customer wins, and segment growth. However, challenges in the automotive and power sports sectors, along with potential tariff impacts, weigh on the outlook. Despite positive strategic initiatives, the decline in net income and adjusted net income reflects ongoing challenges.Company Guidance
In the call, Fox Factory Holding Corp. provided guidance for fiscal 2025, anticipating net sales in the range of $1.385 billion to $1.485 billion and adjusted earnings per diluted share between $1.60 and $2.60. The company is focusing on a $25 million cost reduction initiative, expected to significantly impact the second half of 2025. Key metrics highlighted include a 6.1% increase in fourth-quarter net sales to $352.8 million, a gross margin increase of 120 basis points to 28.9%, and a $63 million debt paydown. Segment performance varied, with growth anticipated in the Aftermarket Applications Group (AAG) and the Marucci brand, while the Powered Vehicle Group (PVG) is expected to remain flat or slightly down. The company continues to navigate challenging market conditions, with strategic initiatives aimed at improving profitability and operational efficiency.Cost Reduction Initiatives and Debt Paydown
Fox Factory implemented a $25 million cost reduction initiative and successfully drove improvements in working capital, resulting in a $63 million debt paydown during the fourth quarter.
New OEM Customer Wins
The company expanded its customer base by winning new OEM customers such as BMW, Ducati, and Triumph, contributing to potential offsetting declines in other areas of power sports.
Improved Adjusted EBITDA Margins
Both the Aftermarket Applications Group (AAG) and the Powered Vehicle Group (PVG) demonstrated sequential adjusted EBITDA margin improvements of 250 basis points and 310 basis points, respectively.
Marucci Segment Growth and MLB Partnership
The SSG segment showed a 31.3% increase in net sales driven by Marucci, and the company began its role as MLB's official bat partner, signaling potential for future growth.
Strong Performance in Aftermarket Components
Fox Factory's aftermarket components business experienced sustained growth, particularly in wheels and lift kits, with record sales in several product lines during the holidays.
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DE:FF0 Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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DE:FF0 Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 27, 2025 | €24.46 | €26.55 | +8.54% |
| Oct 31, 2024 | €32.94 | €31.27 | -5.07% |
| Aug 01, 2024 | €45.65 | €38.09 | -16.56% |
| May 02, 2024 | €36.24 | €35.09 | -3.17% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Fox Factory Holding (DE:FF0) report earnings?
Fox Factory Holding (DE:FF0) is schdueled to report earning on May 01, 2025, TBA Not Confirmed.
What is Fox Factory Holding (DE:FF0) earnings time?
Fox Factory Holding (DE:FF0) earnings time is at May 01, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of Fox Factory Holding stock?
The P/E ratio of Fox Factory Holding is N/A.
What is DE:FF0 EPS forecast?
DE:FF0 EPS forecast for the fiscal quarter 2025 (Q1) is 0.2.
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