💨 Abstract

Fox Factory Holding reported a first-quarter loss of $259.7 million with a per-share loss of $6.23. However, adjusted earnings of 23 cents per share and $355 million in revenue beat Wall Street expectations. For the second quarter, Fox Factory projects earnings between 32 to 62 cents per share and revenue between $340 million to $360 million. The company anticipates full-year earnings of $1.

Courtesy: wtop.com

Summarized by Einstein Beta 🤖