Fox Factory Accelerates on OEM Demand
FOXF net income more than tripled to $44,275,000 from $13,192,000 on 79% higher sales that hit $328,164,000 up from $183,102,000 including a 64% increase in Specialty Sports Group bike component sales to the OEM channel. Powered Vehicles Group sales were even stronger, growing 92% on increased demand in the OEM and aftermarket channels. Gross margin improved 110 basis points ... Log in to view full article.
