Fox Factory Outperforms Again in Q2
Profits jumped 21% in the second quarter to $53,498,000 from $44,275,000 while sales grew by 24% to $406,705,000 from $328,164,000 driven by a 28% increase in Specialty Sports Group bike component sales. FOXF’s Powered Vehicles Group sales expanded 21%. The growth in bike suspension revenue was attributed mostly to the OEM channel, where continued ... Log in to view full article.