Fox Factory lowered its full-year 2026 net sales outlook to $1.35–$1.38 billion after preliminary third-quarter sales fell short of expectations. The investigation focuses on whether the Company adequately disclosed risks affecting its business segments and financial outlook.
NEW YORK, Oct. 23, 2026 /PRNewswire/ -- Fox Factory Holding Corp. (NASDAQ: FOXF) shares fell after the Company reported preliminary third-quarter fiscal 2026 net sales of $336 million to $340 million, below its own guidance of $355 million to $380 million, and reduced its full-year net sales outlook by approximately $80 million at the midpoint. If you lost money on FOXF stock, you may have legal rights and are encouraged to submit your FOXF loss information now . You may also contact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500.
The Company tied the shortfall to four pressure points: the timing of the Marucci divestiture, a supply disruption in its Powered Vehicles Group, operating challenges in its Aftermarket Applications Group, and softer bike sales. Fox Factory had assumed approximately $46 million in Marucci sales in its guidance but now expects about $33 million, a $13 million shortfall from that business alone.
The Company also reduced its full-year outlook. Net sales guidance fell to $1.35 billion to $1.38 billion from $1.42 billion to $1.47 billion, while adjusted EBITDA guidance declined to $140 million to $150 million from $176 million to $196 million. The announcement also disclosed that CEO Michael Dennison had stepped down and that Douglas Grimm had been appointed interim CEO. Levi & Korsinsky is investigating potential securities law violations, including whether Fox Factory may not have adequately disclosed the risks tied to these business lines.
Shareholders who suffered losses on Fox Factory stock are encouraged to start your FOXF loss review today or call (212) 363-7500.
ABOUT LEVI & KORSINSKY, LLP -- Over the past 20 years, Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders. The firm has extensive expertise in complex securities litigation and a team of over 70 employees. For seven consecutive years, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report.
Frequently Asked Questions About the FOXF Investigation
Q: Who is conducting the FOXF investigation? A: Levi & Korsinsky, LLP is investigating potential securities law violations on behalf of investors who purchased Fox Factory Holding Corp. (NASDAQ: FOXF) securities. The firm is nationally recognized, ranked in the ISS Top 50 for seven consecutive years, and has recovered hundreds of millions of dollars for aggrieved investors.
Q: Who is eligible to participate in the FOXF investigation? A: Investors who purchased FOXF stock or securities and suffered financial losses may be eligible. Eligibility is based on purchase date and documented losses, not on whether you still hold the shares.
Q: Which statements are being investigated as potentially misleading? A: The investigation concerns whether Fox Factory made materially false or misleading statements regarding its fiscal 2026 financial outlook and the performance of its business lines, including Marucci, its Powered Vehicles Group, and its Aftermarket Applications Group. FOXF shares declined after the Company disclosed preliminary third-quarter net sales of $336 million to $340 million, below its own guidance of $355 million to $380 million, and reduced its full-year financial outlook.
Q: What do FOXF investors need to do right now? A: Investors may gather brokerage records showing purchase dates, share quantities, and prices paid. Submit your information for a no-cost, no-obligation evaluation of your potential recovery . No immediate action is required to remain eligible to participate in the investigation.
Q: What documents do I need to participate? A: Brokerage statements or trade confirmations showing purchase dates, share quantities, prices paid, and any subsequent sale dates and prices.
Q: What if I already sold my FOXF shares -- can I still recover losses? A: Yes. Eligibility is based on when you purchased, not whether you still hold the shares. Investors who bought FOXF and sold at a loss may still participate in the investigation.
Q: What does it cost me to participate? A: There is no upfront cost to submit your information and review whether you may be eligible to recover. Should you choose to participate in any resulting action, these matters are generally handled on a contingency basis, with any attorneys' fees and expenses subject to court approval.
Q: Do I need to go to court or give testimony? A: No. Participating in the investigation does not require court appearances or depositions. If legal action is later pursued, the overwhelming majority of affected investors never appear in court either.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 27th Floor
New York, NY 10004
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
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SOURCE Levi & Korsinsky, LLP
