US EditionFox Factory sees growth in bike-product sales, but it’s ‘too early for a victory lap’
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Fox Factory sees growth in bike-product sales, but it’s ‘too early for a victory lap’
DULUTH, Ga. (BRAIN) — Fox Factory saw first-quarter year-over-year sales growth across its three divisions, including a 6.6% increase in sales in its Speciality Sports Group, which contains its bicycle and baseball/softball brands. Company-wide the growth exceeded estimates. The company said the growth in the SSG group was related to bike-product sales, but warned that the industry is continuing to “recalibrate” inventory and consumer demand rem…
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