BRASELTON, Ga. (BRAIN) — Fox Factory’s bicycle-related business was up 22.4% last year, totaling $367 million.
And Fox’s CEO said he’s optimistic that demand for bikes — especially those with Fox suspension — will remain strong for the rest of 2021 and beyond.
“There is a lot of demand for higher-end bikes and things like e-bikes as well,” Dennison told analysts on a call Thursday. “We really, really like what we are seeing relative to the premium category. Obviously we fit in really well in that space and that helps .”
Fox sells bike parts under the Fox, Marzocchi, RaceFace
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