Quarterly ResultAug 6, 2026, 04:09 PM
Fox Factory Q2 Net Sales $358.1M; Adj. EPS $0.37; Raises FY26 Sales Outlook
AI Summary
Fox Factory Holding Corp. reported Q2 fiscal 2026 financial results with net sales of $358.1 million, a 4.5% decrease year-over-year. Net income increased to $4.1 million ($0.10 per diluted share), while adjusted net income decreased to $15.5 million ($0.37 per diluted share). Adjusted EBITDA was $45.5 million, exceeding guidance, with margin expansion due to profit optimization efforts. The company raised its full-year 2026 net sales guidance to $1.42 billion to $1.47 billion, despite ongoing macro headwinds and F-150 chassis availability constraints.
Key Highlights
- Q2 Net Sales decreased 4.5% to $358.1 million.
- Q2 Net Income increased to $4.1 million, or $0.10 per diluted share.
- Q2 Adjusted Net Income decreased to $15.5 million, or $0.37 per diluted share.
- Q2 Adjusted EBITDA was $45.5 million, including $2 million tariff refunds.
- Profit optimization initiative delivered over $25 million gross savings in H1.
- Net debt reduced by $9.1 million since 2025 fiscal year-end.
- FY2026 Net Sales guidance raised to $1.42 billion to $1.47 billion.
- Powered Vehicles Group (PVG) net sales increased 0.6% to $124.2 million.
Price Impact
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