Fox Factory Holding Corporation Completes Marucci Sale Amid Revenue Decline
FOXF Fox Factory Holding Corp
$18.69 +5.00%
View chart & analysis → - 1Fox Factory recorded total consolidated net sales of $338.4 million in the third quarter.
- 2This represents a 10.1% decrease in Fox Factory's total consolidated net sales compared to the same period last year.
- 3Fox Factory completed the sale of Marucci at an enterprise value of $225 million.
So what's the key point?
Fox Factory's revenue decreased by 10.1% compared to last year. The revenue decline occurred as the company sold Marucci for $225 million.
Source The Motley Fool +1 · View original ↗
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