secwatch.observer — SEC 8-K summary
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Issuer:     Holley Inc. (HLLY)
CIK:        0001822928
Form:       8-K
Filed at:   2022-05-12T23:59:59+00:00
Accession:  0000950170-22-009467
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 5.07, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Holley Q1 sales up 24.8% to $200.1M; net income of $16.9M vs year-ago loss
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- Net sales rose 24.8% to $200.1M from $160.3M; gross profit up 25.9% to $82.7M.
- Diluted EPS of $0.15 vs $(0.03) loss in Q1 2021; adjusted net income $21.5M.
- Adjusted EBITDA increased to $46.0M from $43.8M in prior year.
- Company reaffirms full-year 2022 outlook; consumer demand strength cited.
- Stockholders elected directors Michelle Gloeckler and Anita Sehgal; auditor ratified.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1822928/000095017022009467/0000950170-22-009467-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1822928/000095017022009467/hlly-20220510.htm
  HTML page:      https://secwatch.observer/filing/0000950170-22-009467

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer