All Fox Racing articles
-
Data & Analysis2023 Bicycle Industry Stock Chart: Bet on interest rate cut boosts year-end rally
Here you can find out why the global bicycle stock market performed better than expected last year and what the role of the selected stocks in our OIC Bicycle Stock played.
-
ArticleVista Outdoor’s Q1 net dips by 54 percent; Outdoor Products spin-off slated for Q4
Vista Outdoor, which is proceeding with plans to spin off its Outdoor Products segment in Q4 of this calendar year, reported a 54 percent decline in Q1 net income to $58.1 million from $126.0 million for the period ended June 25. Ebit was down by 55 percent to $75.4 million ...
-
ArticleUS Outdoor Participation Trends Report released, Vista Outdoor feeling bullish
Vista Outdoor, parent company of 41 brands , including outdoor and bike suppliers Camelbak, Camp Chef, Giro, Bell and Fox Racing, is celebrating the results of the Outdoor Industry Association’s (OIA) 2023 Outdoor Participation Trends Report. The 72-page report, released to all OIA members, shows that the number of outdoor ...
-
ArticleConsumers’ top-rated outdoor and cycling brands
Our latest exclusive big data analysis reveals which brands top the consumer ratings for outdoor and cycling brands from over 145,000 reviews
-
ArticleVista Outdoor net income dips 45% in Q3
Vista Outdoor, the group that owns 41 sporting and outdoor brands, saw its Q3 net income fall by 45 percent to $65.1 million from $118.1 million for the third quarter ending Dec. 25. Reported earnings before interest and taxes (EBIT) declined by 38.8 percent to $97.3 million. Earnings before interest, ...
-
ArticleVista Outdoor shares take hit after guidance lowered
Jason Vanderbrink, president of Vista Outdoor’s sporting products division, told analysts, “We are bullish on the outdoor industry despite near-term macroeconomic conditions that have eroded consumer confidence and pressured performance across the (U.S.) economy. We always understood that the elevated purchase patterns of the last two-and-a-half years would normalize.” ...
-
ArticleFox Racing enters the performance training category
Fox Racing, the California-based specialist in mountain bike and motocross safety equipment and apparel, has announced the brand’s introduction into the performance training category. The new training collection marks the brand’s first launch off the bike. The new autumn 2022 line will debut with a range of products for all ...
-
News briefsVista closes acquisition of Fox Racing
Vista Outdoor announced the closing of its acquisition of California-based Fox Racing for the purchase price of $540 million, with the potential for an additional $50 million earnout based on Fox Racing’s financial performance (OIC reported earlier). The addition of Fox Racing allows Vista Outdoor to add another category-leading brand ...
-
ArticleVista Outdoor’s Q1 net income up 23%
Vista Outdoor, the group that has just acquired Fox Racing and Simms Fishing, saw its total net sales increase by 21.1 percent to $802.6 million for the first quarter of its fiscal year 2023, which ended on June 26, 2022. The increase was driven by strong double-digit growth in Sporting ...
-
ArticleVista Outdoor to acquire Fox Racing
Virginia-based Vista Outdoor Inc, the parent company of 39 sports and outdoor brands, announced it has entered into a definitive agreement to acquire Fox Racing, a global provider of high-performance motocross, mountain biking and lifestyle gear from Irvine, California. The purchase price is $540 million, with the possibility of earning ...
-
News briefsFox Racing with new financing partner
On May 18, investor Wingspire Capital provided a US$95 million senior secured credit facility consisting of a US$35 million revolving credit line and a US$60 million term loan to Fox Racing Inc . The U.S. company said it’s using the loan proceeds not only to refinance its prior senior ...
