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Search resuls for: "Anna Glaessgen"


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Fox Factory is known for making a wide range of products used in everything from bikes to off-road vehicles to trucks. "But at the same time, that's actually the consumer that's most resilient. The higher-income and enthusiastic consumer Analysts highlighted two qualities in Fox's consumer base that help the company weather a broader economic downturn. The company's "sticky" consumer base caught the attention of Motley Fool Asset Management's Shelby McFaddin, whose Small-Cap Growth ETF (TMFS) contains the stock. It's the largest competitor in the business of bike suspensions, which are typically used on mountain bikes to help mitigate rough terrain.
Persons: Riley, Anna Glaessgen, that's, they're, Michael Swartz, shutdowns, Riley's Glaessgen, Fox, Shelby McFaddin, McFaddin, Glaessgen, Truist's Swartz, Swartz, it's Organizations: Fox Factory, Growth, Consumers, Fox, Street, Ford, United Auto Workers, UAW
Harley-Davidson shares dipped 1.7% in the premarket. In the fourth quarter, Harley-Davidson shares have shot up 38%, outpacing the S & P 500's 10.4% gain. But Glaessgen said "the recent retail inflection lacks legs," noting those who are bullish on the stock underestimate the challenge of growing its consumer base. "We believe ridership growth and expansion beyond the core will be easier said than done," she said. These growth hopes will likely also be tempered by increased competition in the e-motorcycle division as well as consumer spending changes during a recessionary period.
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