Fox Factory Holding Corp. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 331.12 million compared to USD 409.17 million a year ago. Net income was USD 35.29 million compared to USD 50.77 million a year ago. Basic earnings per share from continuing operations was USD 0.83 compared to USD 1.2 a year ago. Diluted earnings per share from continuing operations was USD 0.83 compared to USD 1.2 a year ago.
For the nine months, sales was USD 1,131.68 million compared to USD 1,193.85 million a year ago. Net income was USD 116.8 million compared to USD 152.32 million a year ago. Basic earnings per share from continuing operations was USD 2.76 compared to USD 3.61 a year ago. Diluted earnings per share from continuing operations was USD 2.75 compared to USD 3.59 a year ago.