Fox Factory Holding sales increased 30% to $462 million through the third quarter of 2018 and the company said it plans to expand its specialty sports and powered vehicle markets in a presentation at the ICR Conference. Year-to-date adjusted EBITDA increased 35% to $94.8 million. Fox’s powered vehicle group represented 54% of sales thus in 2018, while the specialty sports group represented 46%. The powered vehicle group is the faster growing of the two segments, with a compound annual growth rate of 22%.

FOX’s specialty sports group sales had a YTD growth of 16% to $213 million for 2018. It is ... Log in to view full article.