{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-22-027270","form_type":"8-K","ticker":"HLLY","cik":"0001822928","company_name":"Holley Inc.","filed_at":"2022-11-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:52.362898+00:00","generated_at":"2026-06-21T21:03:53.336454+00:00","sec_items":["2.02","5.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Holley reports Q3 net sales down 3.1%, gross profit down 25.8%; appoints interim COO","bullets":["Net sales of $154.8M vs $159.7M YoY (-3.1%); gross profit $48.4M vs $65.2M (-25.8%).","Net income of $31.6M ($0.27/diluted) vs net loss of $(30.2)M in Q3 2021.","Adjusted net loss of $(4.1)M; adjusted EBITDA of $16.4M vs $35.5M YoY.","Full-year 2022 outlook updated to reflect supply chain pressures and higher costs.","Brian Appelgate appointed interim COO effective Nov 14; base salary $200K, $750K in RSUs."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-22-027270","json":"https://secwatch.observer/filing/0001437749-22-027270.json","markdown":"https://secwatch.observer/filing/0001437749-22-027270.md","text":"https://secwatch.observer/filing/0001437749-22-027270.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1822928/000143774922027270/0001437749-22-027270-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1822928/000143774922027270/hlly20220823_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-21T21:03:53.336454+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"00c7e9bdbd940e91cc4251e19b3df8aba9d7ed3e","claim":"Holley Inc. reported third quarter ended October 2, 2022 results: revenue $154.8 million, net income $31.6 million, EPS $0.27 per diluted share.","evidence_excerpt":"Holley Inc. (NYSE: HLLY), the leading platfor m serving performance automotive enthusiasts, today announced financial results for its third quarter ended October 2, 2022. Third Quarter Highlights vs. Prior Year Period ● Net Sales de creased 3.1% to $154.8 million compared to $159.7 million in the prior year's third quarter ● Gross Profit decreased 25.8% to $48.4 million compared to $65.2 million in the prior year's third quarter ● Net Income of $31.6 million , or $0.27 per diluted share, compared to a Net Loss of $(30.2) million , or $(0.28) per diluted share, in the prior year's third quarter","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1822928/000143774922027270/0001437749-22-027270-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third quarter ended October 2, 2022"},{"label":"Revenue","value":"$154.8 million"},{"label":"Net income","value":"$31.6 million"},{"label":"EPS","value":"$0.27 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"d1ed730720","claim":"Brian Appelgate was appointed as interim Chief Operating Officer at Holley Inc..","evidence_excerpt":"On November 14, 2022, the Company announced that the Board of Directors of the Company approved the appointment of Brian Appelgate as the Company’s interim Chief Operating Officer, effective immediately.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1822928/000143774922027270/0001437749-22-027270-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"interim Chief Operating Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}