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Article Date: May 2020
Word Count: 135

Fox Factory Q1 Net Falls on Acquisition Expenses


Net income was more than halved to $8,250,000 from $18,103,000 on a $15 million increase in SG&A, despite revenues that increased 14% to $184,361,000 from $161,700,000. The top line increase came entirely from the Powered Vehicles Group, which was up 25% helped by the Ridetech and SCA Performance acquisitions, while the Specialty Sports Group saw a 2% decline in bike suspension parts sales on a timing shift ... Log in to view full article.

 


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