Fox Factory Holding Corp Investigation Initiated: Levi & Korsinsky Investigates the Officers and Directors of Fox Factory Holding Corp (FOXF)

NEW YORK CITY, NY / ACCESS Newswire / October 22, 2026 / Levi & Korsinsky notifies investors that it has commenced an investigation into Fox Factory Holding Corp ("Fox Factory Holding Corp") (NASDAQ:FOXF) concerning potential violations of the federal securities laws.

Fox Factory Holding Corp. shareholders lost money when the stock fell after the Company reported preliminary third-quarter fiscal 2026 financial results below guidance, cut its full-year outlook, and announced a chief executive officer transition. Preliminary Q3 FY2026 net sales were $336-$340 million, below prior guidance of $355-$380 million and FactSet consensus of $367.6 million. Adjusted EBITDA excluding refunds was $38-$42 million against guided ranges of $46-$54 million. Full-year FY2026 guidance was lowered from $1.42-$1.47 billion to $1.35-$1.38 billion in net sales and from $176-$196 million to $140-$150 million in adjusted EBITDA. The Company attributed the shortfall to Marucci divestiture timing, PVG supply disruptions, AAG operating challenges, and softer bike sales, while Chief Executive Officer Michael Dennison stepped down and Douglas Grimm was named interim chief executive officer. Previously, during the Q1 FY2026 earnings call on May 7, 2026, Chief Financial Officer Dennis Schemm stated, "Based on our first quarter performance and the continued execution of our cost-out programs, we are reaffirming our full year guide for 2026." The investigation concerns whether Fox Factory Holding Corp. adequately disclosed operational challenges, supply disruptions, and divestiture timing risks ahead of the preliminary third-quarter fiscal 2026 results announcement.

If you suffered a loss on your Fox Factory Holding Corp securities and would like to explore a potential recovery under the federal securities laws, Learn More About the Investigation or contact Joseph E. Levi, Esq. via email at [email protected] or call (212)363-7500 to speak to our team of experienced shareholder advocates.

WHY LEVI & KORSINSKY: Over the past 20 years, Levi & Korsinsky LLP has established itself as a nationally-recognized securities litigation firm that has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. The firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States. Attorney Advertising. Prior results do not guarantee similar outcomes.

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

Ed Korsinsky, Esq.

33 Whitehall Street, 27th Floor

New York, NY 10004

[email protected]

Tel: (212)363-7500

Fax: (212)363-7171

SOURCE: Levi & Korsinsky, LLP