BUZZ — Fox Factory falls on lowered annual, Q3 sales forecast; CEO exit

* Shares of vehicle parts supplier Fox Factory fall 23% to $14.20 premarket * Stock set to open at its lowest level since November 2025 * Co cuts FY26 net sales forecast to $1.35 - $1.38 billion, from $1.42 - $1.47 billion * Also lowers Q3 net sales outlook to $336 - $340 million, from $355 - $380 million * Announces CEO Mike Dennison will step down; appoints Douglas Grimm as interim CEO * Stock up 8.1% YTD, as of last close (Reporting by Anand Gopal in Bengaluru) ((AnandGopal.R@thomsonreuters.com)