Fox Factory Holding Corporation Slashes Costs with $25 Million Efficiency Push—Is It Enough?

Fox Factory Holding Corp. reported its first-quarter 2025 financial results, highlighting a mixed performance amid challenging market conditions. The company posted net sales of $355 million, representing a 6.5% increase compared to the same quarter last year. Adjusted earnings per share stood at $0.23, aligning with expectations. The company saw improvements in gross margin and sequential adjustments in EBITDA margin, indicating progress in operational efficiency and cost management initiatives.