Full-Time
No salary listed
Junior
Company Does Not Provide H1B Sponsorship
Marshall, MI, USA
Company Size
1,001-5,000
Company Stage
IPO
Headquarters
Scotts Valley, California
Founded
1974
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Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance
Health Savings Account/Flexible Spending Account
401(k) Retirement Plan
401(k) Company Match
Professional Development Budget
Built around a full-width 34mm chassis, this fork takes what Fox's Step-Cast started and adds 17 per cent more torsional stiffness, improved small bump compliance and more suspension muscle for today's technical World Cup tracks.
Fox launches all-new 34 SL fork and twin Stick Lever for ultralight XC performance.
Plus, Ford partnered with Fox to develop this truck's live-valve shocks and this beast wears 37-inch BFGoodrich tires.
DULUTH, GA – February 28, 2025 – (Motor Sports NewsWire) – Fox Factory Holding Corp. (NASDAQ: FOXF) (“FOX” or the “Company”), a premium brand and a global leader in the design, engineering and manufacturing of performance-defining products and systems for customers worldwide, today reported financial results for the fourth fiscal quarter ended January 3, 2025.Fourth Quarter Fiscal 2024 HighlightsNet sales for the fourth quarter of fiscal 2024 were $353 million , up $20 million over prior yearGross margin achieved 28.9% , up 120 basis points over prior yearAdjusted gross margin increased by 20 basis points to 29.2% from prior yearEarnings per diluted share for the fourth quarter of fiscal 2024 was breakevenAdjusted earnings per diluted share was $0.31Drove sequential revenue growth and EBITDA margin improvement in both AAG and PVG segmentsBike revenues grew 8.3% over prior yearWorking capital improvements generated $63 million in debt paydownCost reduction initiatives underway and progressing in line with expectationsManagement CommentaryMike Dennison, FOX’s Chief Executive Officer, commented, “We delivered on our financial commitments with sales and earnings per share in line with our guidance. Our end markets remain uneven and challenging to navigate, and we expect that backdrop to continue as we move into 2025. Given the market instability, we remain focused on the more controllable elements of the business through operational improvements and strategic cost management initiatives. Our decisive actions to improve working capital, strengthen OE partnerships and dealer relationships, and streamline operations are beginning to yield results demonstrated by sequential EBITDA margin improvements in our PVG and AAG segments and in our balance sheet. Combined, these actions improved cash generation allowing us to pay down our debt balance by $63 million in the fourth quarter
DULUTH, GA – February 7, 2025 – (Motor Sports NewsWire) – Fox Factory Holding Corp. (Nasdaq: FOXF) (the “Company”), a premium brand and a global leader in the design, engineering and manufacturing of performance-defining products and systems for customers worldwide, will announce results for the fourth quarter ended January 3, 2025, on Thursday, February 27, 2025, after the market close.The Company will host a conference call with members of the executive management team to discuss these results with additional comments and details. The conference call is scheduled to begin at 4:30 p.m. ET on Thursday, February 27, 2025. The call will be broadcast live over the Internet and hosted at the Investor Relations section of the Company’s website at www.ridefox.com and will be archived online for one year. In addition, North American listeners may dial (800) 579-2543, and international listeners may dial (785) 424-1789; the conference ID is FOXFQ424 or 36937424.About Fox Factory Holding Corp