2024-05-05 10:04:14 ET
Summary
- Fox Factory's woes continue as it faces lower earnings and offered a dismal outlook for 2024.
- The company designs and manufactures high-performance suspension products for various applications.
- Despite current challenges, long-term growth potential remains, with the company aiming for $2 billion in sales by 2025 as this could drive a spectacular recovery.
In February, I believed that the woes for Fox Factory ( FOXF ) were extending for a longer period of time, yet it offered opportunities as well as the share price had plunged....
Read the full article on Seeking Alpha
For further details see:
Fox Factory: Some Stability, At Lower Levels