Holley Intermediate reports H1 2021 net sales of $353M, up 52% YoY; net income $21M

Holley Inc.

2022-Q2 EPS reported $0.31 revenue$353,373,000

Net sales for 26 weeks ended June 27, 2021: $353.4M vs $232.5M YoY (+52%).
Net income of $21.0M vs $17.4M YoY; operating income $52.8M vs $44.0M.
Acquisition and restructuring costs totaled $21.5M in H1 2021 vs $4.5M YoY.
Cash balance $55.7M; long-term debt $649.9M plus $20.0M related party debt.
Financials filed as amendment to 8-K covering July 16, 2021 merger close.

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