SCOTTS VALLEY, Calif. (BRAIN) — Fox Factory Holding Corp.’s sales for the year increased 15 percent, or $36.1 million, to $272 million, and its fourth-quarter sales were also up 15 percent to $65 million, the company said in a preliminary earnings statement.
“We are pleased to report strong fourth-quarter and full-year 2013 preliminary sales and earnings results in our first year as a public company,” said Fox CEO Larry Enterline. Fox made its initial public offering in August 2013.
Fox is forecasting that its 2014 sales will be in the range of $275 million to $295 million. The company plans to release its full Q4 and 2013 operating results the second week of March.
Fox Factory Holding Corp. is traded on the Nasdaq Stock Exchange under the symbol FOXF. Its stock performance is tracked on BRAIN’s Industry Stock chart.