Fox Factory Sales Hit A Record High For Five Consecutive Quarters

As of October 1, 2021, Fox Factory has set a record high in sales for five consecutive quarters. Sales were 347.4 million U.S. dollars, compared with 261 million U.S. dollars in the same period last year.

FOX CEO Mike Dennison commented: "Despite the devastating effects of the pandemic on the global supply chain, inflation, and labor supply, with tenacious perseverance, FOX’s global team achieved record-breaking performance for the fifth consecutive quarter. income."

For the first nine months of this fiscal year, FOX’s company-wide sales were US$957 million, an increase of 53% over the same period last year. During this period, SSG sales increased by 63%. Among them, the sales of the bicycle products division was 159 million U.S. dollars, an increase of 48% in the quarter, and the sales of its power car division was 188 million U.S. dollars, an increase of 23%.

For the entire fiscal year 2021, Fox expects sales to reach US$1.272 billion to US$1.292 billion.