secwatch.observer — SEC 8-K summary
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Issuer:     Holley Inc. (HLLY)
CIK:        0001822928
Form:       8-K
Filed at:   2022-08-11T23:59:59+00:00
Accession:  0001437749-22-019924
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Holley Q2 2022 net sales down 7.1% to $179.4M; adjusted EBITDA falls to $37.2M
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- Net sales $179.4M, down 7.1% YoY; gross profit $75.3M, down 7.3%.
- GAAP net income $40.6M ($0.35 diluted) vs $23.1M ($0.34) prior year; adjusted net income $13.2M vs $23.1M.
- Adjusted EBITDA $37.2M vs $54.1M in Q2 2021.
- Headwinds from supply chain disruptions, reseller destocking, and softer demand.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1822928/000143774922019924/0001437749-22-019924-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1822928/000143774922019924/hlly20220608_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-22-019924

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