Every material Form 8-K Fox Factory filed with the SEC in 2025, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Fox Factory reported third-quarter fiscal 2025 results on November 6, 2025, with net sales up 4.8% to $376.4 million but a net loss of $0.6 million, compared with net income of $4.8 million a year earlier. The company said its Specialty Sports Group underperformed as customers reduced inventories, and it updated its fourth-quarter and full-year 2025 outlook, now expecting fourth-quarter adjusted earnings per diluted share of $0.05 to $0.25. The company also reduced debt by $17 million and extended its credit agreement through October 2030.
Q3 net sales rose 4.8% to $376.4 million, but net loss was $0.6 million, or $0.02 per diluted share, versus net income of $4.8 million, or $0.11, a year earlier
Q3 adjusted earnings per diluted share were $0.23, down from $0.35; adjusted EBITDA was $44.4 million, up 5.7%
Fourth-quarter net sales now expected at $340 million to $370 million
Fiscal 2025 net sales expected at $1.445 billion to $1.475 billion and adjusted EPS at $0.92 to $1.12
Fox Factory entered into a Fifth Amendment to its credit agreement on October 24, 2025, with Wells Fargo as administrative agent, replacing existing loans with a $537.5 million term loan, a $500.0 million revolver and up to $175.0 million of incremental capacity. The company borrowed $710 million under the amended agreement and used it to repay all prior amounts owed, with the facilities due October 24, 2030.
Borrowed $710 million: $537.5 million term loan plus $172.5 million under the $500.0 million revolving credit facility
Facilities mature October 24, 2030; term loan repaid in quarterly installments of $6,718,750
Maximum Consolidated Net Leverage Ratio set at 4.50 through January 2, 2026, stepping down to 4.00 from July 3, 2026
Interest on SOFR loans set at a margin of 1.00% to 2.50%
Fox Factory reported fiscal second-quarter 2025 net sales of $374.9 million, up 7.6% from a year earlier, while net income fell to $2.7 million from $5.4 million. Adjusted earnings per diluted share rose to $0.40 from $0.38, and the company raised its expected full-year tariff expense to upwards of $50 million from about $38 million.
Q2 net sales $374.9 million vs. $348.5 million a year earlier; diluted EPS $0.07 vs. $0.13; adjusted diluted EPS $0.40 vs. $0.38
Six months ended July 4, 2025: net loss of $257.0 million, driven by a $262.1 million goodwill impairment
Full-year 2025 outlook: net sales $1.45 billion to $1.51 billion; adjusted EPS $1.60 to $2.00
Third-quarter 2025 outlook: net sales $370 million to $390 million; adjusted EPS $0.45 to $0.65
Fox Factory reported first-quarter fiscal 2025 net sales of $355 million, up 6.5% from a year earlier, but a $262.1 million goodwill impairment drove a net loss attributable to stockholders of $259.7 million, or $6.23 per diluted share. Adjusted earnings per diluted share fell to $0.23 from $0.29, and the company reaffirmed its full-year 2025 guidance while giving a second-quarter outlook.
Net sales rose $22 million, or 6.5%, to $355.0 million; the company cited tariff-related uncertainty and challenging end-market demand.
The goodwill impairment followed adverse U.S. tariff policy changes and a sustained decline in the stock price; goodwill fell to $377.2 million from $639.5 million.
Second-quarter guidance calls for net sales of $340 million to $360 million and adjusted earnings per diluted share of $0.32 to $0.62.
For fiscal 2025, the company reaffirmed net sales of $1.385 billion to $1.485 billion and adjusted earnings per diluted share of $1.60 to $2.60.
Fox Factory reported fourth-quarter fiscal 2024 net sales of $352.8 million, up 6.1% from a year earlier, but GAAP earnings per diluted share were breakeven versus $0.10 a year earlier, and adjusted earnings per diluted share fell to $0.31 from $0.48. The company also issued fiscal 2025 guidance calling for net sales of $1.385 billion to $1.485 billion and adjusted earnings per diluted share of $1.60 to $2.60, excluding any effects of ongoing tariff developments.
Q4 net sales were $352.8 million, up from $332.5 million; Specialty Sports Group sales rose 33.3%, while Aftermarket Applications Group and Powered Vehicles Group sales fell 7.1% and 1.8%.
Q4 GAAP net loss attributable to FOX stockholders was $0.1 million, compared with net income of $4.1 million a year earlier; adjusted EPS was $0.31 versus $0.48.
Fiscal 2024 net sales fell 4.8% to $1,393.9 million, and GAAP EPS was $0.16 versus $2.85; total debt was $705.1 million at January 3, 2025.
Fiscal 2025 guidance: net sales of $1.385 billion to $1.485 billion and adjusted EPS of $1.60 to $2.60; first-quarter adjusted EPS guidance is $0.12 to $0.32.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Fox Factory filing is on SEC EDGAR ↗. 8-K briefs of other companies →