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Record Q3 Sales For Fox’s Powered Vehicles Group

Fox Factory Holding Corp. saw its Powered Vehicles segment generate a record $94.89 million in sales for the third quarter of 2018 — a 56.7-percent surge compared to the year-ago period. Management attributed the increase to the inclusion of Tuscany (a designer, manufacturer and distributor of premium aftermarket powered vehicle performance packages that Fox acquired on Nov. 30, 2017), as well as high demand for on- and off-road suspension products.

Management noted high growth in side-by-side vehicle and aftermarket truck categories, as well as off-road capable, on-road suspension products for OEMs.

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