Welcome to our dedicated page for Holley news (Ticker: HLLY), a resource for investors and traders seeking the latest updates and insights on Holley stock.
Holley Inc. (Holley Performance Brands, NYSE: HLLY) generates a steady stream of news related to its role in the automotive aftermarket and motorsports safety. Company press releases highlight developments across its four consumer vertical groupings—Domestic Muscle, Modern Truck & Off-Road, Euro & Import, and Safety & Racing—as well as updates on its portfolio of brands such as Holley, APR, MSD, Flowmaster, Simpson, Stilo, HANS and RaceQuip.
On this news page, readers can follow announcements about financial results and outlook, including quarterly earnings releases and guidance updates that the company furnishes through Form 8-K filings and related press releases. Holley also issues news about its capital structure, such as voluntary debt repayments and secondary offerings by selling stockholders, which are documented in both SEC filings and Globe Newswire announcements.
Holley Performance Brands frequently reports on product launches and safety standards, particularly within its Safety & Racing vertical. Recent news includes the introduction of Snell SA2025-compliant helmet lines from Simpson, Stilo and RaceQuip, as well as new helmet models and racing safety gear showcased at events like the PRI Show. These updates provide insight into how the company aligns its products with evolving motorsports safety requirements.
Event-related news is another major theme. Holley issues releases about its presence at the SEMA Show and PRI Show, and about enthusiast events such as LS Fest East, MoParty and Ford Festival in Bowling Green, Kentucky. These stories describe new product demonstrations, strategic partnerships and large-scale enthusiast gatherings that reflect the company’s engagement with performance communities.
Investors and enthusiasts can use this page to track corporate developments, product innovation, safety initiatives and event announcements from Holley Performance Brands in one place.
Holley Inc. (NYSE: HLLY) has announced the schedule for its fourth quarter and full year 2022 financial results. A conference call will be held on March 9, 2023, at 8:30 AM ET, during which company executives will discuss the financial outcomes. The earnings release will be available before the market opens on the same day on the investor relations page of Holley's website. Interested parties can participate via dial-in or listen to a live webcast. A telephone replay will be available until March 16, 2023.
Holley Inc. (NYSE: HLLY) appointed Brian Appelgate as Interim COO, an industry expert with extensive operational experience in the performance automotive aftermarket. Appelgate, who has advised Holley since 2018, aims to enhance the company's operational performance amid recent production inefficiencies due to supply chain constraints and inflationary pressures affecting margins. Holley's President highlighted the urgent need for improved supply chain, manufacturing, and engineering areas to meet customer demand and optimize performance.
Holley Inc. (NYSE: HLLY) reported third quarter 2022 results with net sales of $154.8 million, down 3.1% year-over-year, and gross profit down 25.8% to $48.4 million. The company achieved a net income of $31.6 million, or $0.27 per diluted share, reversing the prior year’s loss. Adjusted net loss was $(4.1) million, a decline from adjusted net income of $14.6 million last year. Holley revised its full-year outlook, anticipating net sales of $695-$710 million and adjusted EBITDA of $118-$124 million, due to ongoing supply chain challenges and inflation. Direct-to-consumer sales rose by 11% during the quarter.
Holley Inc. (NYSE: HLLY) has announced the release date for its third-quarter 2022 financial results, scheduled for November 14, 2022. The earnings release will be available post-market closure, followed by a conference call at 4:30 p.m. ET to discuss the results. Key executives including Tom Tomlinson, Steve Trussell, and Vinod Nimmagadda will lead the call. Investors can participate via dial-in or via a live webcast, with a replay available until November 21, 2022. More information can be found on Holley's investor relations website.
Holley Inc. (NYSE: HLLY) reported a 7.1% decline in net sales to $179.4 million for Q2 2022, driven by supply chain disruptions and reduced consumer demand. Gross profit fell 7.3% to $75.3 million, while net income increased to $40.6 million due to a non-cash liability decrease. Adjusted net income dropped to $13.2 million from $23.1 million year-over-year. Looking ahead, Holley anticipates 2022 net sales between $700-$725 million amid ongoing supply chain issues.
Holley Inc. (NYSE: HLLY) provided its preliminary financial results for Q2 2022, reporting net sales of $179.4 million, a 7.1% decrease from last year. Despite a gross profit decline to $75.3 million (down 7.3%), net income rose to $40.6 million, an increase of $17.5 million. The company revised its full-year guidance, projecting net sales between $700 million and $725 million, down from the previous range of $765 million to $790 million, due to ongoing supply chain issues.
Holley Inc. (NYSE: HLLY) has been added to the US small-cap Russell 2000 Index, effective June 27, as part of the annual Russell index reconstitution. This membership, a recognition of Holley's market cap, enhances its visibility within the investment community. CFO Dominic Bardos highlighted that joining the Russell indexes marks a significant milestone for the company, which went public less than a year ago. Holley provides high-performance automotive products and has a diverse portfolio aimed at automotive enthusiasts.
Holley Inc. (NYSE: HLLY) has elected Anita Sehgal, Senior Vice President of Marketing and Communications for the Houston Astros, to its Board of Directors during the Annual Meeting of Shareholders.
Sehgal, with extensive experience in consumer engagement and branding, replaces Gina Bianchini, who did not seek re-election. CEO Tom Tomlinson welcomed Sehgal's insights as Holley continues to expand its automotive enthusiast platform.
Holley, a leader in high-performance automotive products, emphasizes innovation and M&A strategies to enhance its diverse portfolio.
Holley Inc. (NYSE: HLLY) reported a strong first quarter for 2022, with net sales rising 24.8% year-over-year to $200.1 million. Gross profit also increased 25.9% to $82.7 million, leading to a net income of $16.9 million, a significant turnaround from a net loss of $(2.1) million in 2021. Adjusted net income improved to $21.5 million compared to $15.1 million last year. Despite challenges such as supply chain disruptions and inflation, the company reaffirmed its 2022 financial outlook, expecting net sales between $765-$790 million.
Holley Inc. (NYSE: HLLY), a leader in the performance automotive aftermarket, has announced the release date for its first quarter 2022 financial results. A conference call is scheduled for May 12, 2022, at 8:30 a.m. EDT, where key executives will discuss financial outcomes. The earnings release will be accessible before market opening on the same day. The company's commitment to innovation and a robust M&A strategy has positioned it as a major player in the enthusiast automotive space.