Fox Factory Holding Corp. (NASDAQ:FOXF) Q3 2023 Earnings Call Transcript

Mike Dennison: Yes. So we’re a manufacturing company. And we have a lot of respect obviously for CODI, you’ve got a long history of CODI. If you know our story, I know you do Craig. But one of the things that Elias AND I talked about Elias is the CEO of CODI is that while they can help support and guide a company like Marucci and Victus and Baum and other companies, we can really go after it from a manufacturing perspective and a supply chain perspective because that’s what we do every day. And the biggest percentage of their bats are aluminum and/or composite which is basically most of our materials as well. And we’re a gold manufacturer just like Marucci is. So there’s a lot we can do from them from that perspective. And then, the other side of it is we’re in the business of working with pro assets, ours are racers typically, not baseball players, but know what there’s not that much difference in how you use our marketing leverage, our marketing strength, our brand strength can drive incremental benefit and value in that business.

So, we’re excited about that as well. And we’re just a growth engine. So, our ability to lean in and work with that team is going to be I think really compelling and I think there’s a lot we can do. So there’s nothing against what CODI’s got that company is fantastic. So, I’m really impressed with what they’ve done in the three years that they own them. Now that we’ve got the ball or the bat and ball so to speak, we’re going to crush it. I’m really saying that the next three to five years look like.

Craig Kennison: Thank you.

Operator: We have no further questions in the queue at this time. I would now like to turn the call back over to Mike Dennison for any concluding remarks.

Mike Dennison: Yes. Thanks everybody. Appreciate the time tonight and we’ll see you guys all in ballpark. Talk to you.

Operator: This does conclude the Fox Factory Holding Corporation Third Quarter 2023 Earnings Call. You may now disconnect your line and have a great day.