Fox Factory Holding Investigation Notice: Levi & Korsinsky Notifies Investors of Pending Investigation Into Fox Factory Holding (FOXF)
Fox Factory Holding Investigation Notice: Levi & Korsinsky Notifies Investors of Pending Investigation Into Fox Factory Holding (FOXF) |
| [16-October-2026] |
After reaffirming FY2026 guidance in May and raising it in August, Fox Factory cut its full-year revenue guidance by approximately $80 million at the midpoint, citing weaker Marucci performance, PVG supply disruptions, AAG upfit challenges, and softer bike demand. FOXF shareholders who lost money may have the right to seek a recovery. NEW YORK, Oct. 16, 2026 /PRNewswire/ -- Fox Factory Holding Corp. (NASDAQ: FOXF) CFO Dennis Schemm told investors on May 7, 2026, "We are reaffirming our full year guide for 2026." The Company has since cut its FY2026 net sales outlook to $1.35–$1.38 billion, down from $1.42–$1.47 billion. FOXF shares fell following the announcement. Shareholders who lost money on FOXF are encouraged to submit their losses for a free review or contact Joseph E. Levi, Esq. at jlevi@levikorsinsky.com or (212) 363-7500.
On May 7, 2026, CFO Dennis Schemm tied the reaffirmation of Fox Factory's FY2026 guidance to "our first quarter performance and the continued execution of our cost-out programs." On the same call, CEO Michael Dennison stated that first-quarter changes "should enable many of the other work streams to drive top and bottom line improvements towards the end of this year." On October 16, 2026, however, the Company lowered its FY2026 net sales guidance to $1.35–$1.38 billion, reducing the midpoint to $1.365 billion—$80 million below the previously stated midpoint of $1.445 billion. When Fox Factory lowered its FY2026 outlook, it cited several headwinds, including the timing of the Marucci divestiture, a supply disruption at PVG, operating challenges at AAG, and softer bicycle sales. Levi & Korsinsky is investigating potential securities law violations on behalf of FOXF shareholders. FOXF investors who suffered losses can request a free evaluation of your FOXF losses, or call (212) 363-7500 to speak with the firm. Levi & Korsinsky, LLP | Top 50 Securities Firm | (212) 363-7500 | www.zlk.com Frequently Asked Questions About the FOXF Investigation Q: Which statements are being investigated as potentially misleading?A: The investigation concerns whether Fox Factory Holding Corp. made materially false or misleading statements regarding its FY2026 financial guidance. On October 16, 2026, the Company disclosed preliminary third-quarter results below its own guidance and reduced its full-year 2026 outlook, following which FOXF shares declined. Q: When did Fox Factory allegedly mislead investors?A: The investigation concerns statements made before the corrective disclosure that allegedly caused investors to purchase securities at inflated prices. 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 Tel: (212) 363-7500 Fax: (212) 363-7171 Attorney Advertising. Prior results do not guarantee similar outcomes.
SOURCE Levi & Korsinsky, LLP | ||
Company Codes: NASDAQ:FOXF |
View original content to download multimedia:
