Fox Factory Bike Segment Sales Plunge Again
FOXF’s Specialty Sports Group was hit hard by bloated channel inventories, sending revenues from bike suspensions and other components down 41% in the second quarter, to an implied $105 million from $178 million last year. The company sells Fox, Marzocchi, RaceFace and Easton brand components to bicycle OEMs as well as through the aftermarket. The company’s ... Log in to view full article.
