Fox Factory Hldg Q2 2024 Adj EPS $0.38 Beats $0.35 Estimate, Sales $348.50M Beat $346.89M Estimate
Portfolio Pulse from Benzinga Newsdesk
Fox Factory Holding (NASDAQ:FOXF) reported Q2 2024 adjusted EPS of $0.38, beating the estimate of $0.35. Sales were $348.50M, surpassing the $346.89M estimate but down 13.03% from last year.
August 01, 2024 | 8:08 pm
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Fox Factory Holding reported Q2 2024 adjusted EPS of $0.38, beating the estimate of $0.35. Sales were $348.50M, surpassing the $346.89M estimate but down 13.03% from last year.
The positive earnings surprise and sales beat are likely to have a short-term positive impact on FOXF's stock price. However, the year-over-year decline in sales may temper some of the enthusiasm.
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