Fox Factory Holding (FOXF) Tops Q1 EPS by 2c

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Fox Factory Holding Corp. Announces First Quarter 2016 Financial Results

May 4, 2016 4:09 PM EDT

First Quarter 2016 Sales Increased 18.3% to $80.2 Million Gross Margin Increased 360 Basis Points to 31.3% Adjusted EBITDA Increased 22.4% to $11.5 Million

SCOTTS VALLEY, Calif., May 04, 2016 (GLOBE NEWSWIRE) -- Fox Factory Holding Corp. (NASDAQ: FOXF) (FOX or the Company) today reported financial results for the first quarter ended April 1, 2016.

First Quarter Fiscal 2016 Highlights

Sales increased 18.3% to $80.2 million compared to $67.8 million in the same period last fiscal yearGross margin increased 360 basis points to 31.3% compared to 27.7% in the same period last fiscal yearNet income was $3.3 million, or... More