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News 2026-10-16 13:12 UTC

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 C