secwatch.observer — SEC 8-K summary
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Issuer:     Holley Inc. (HLLY)
CIK:        0001822928
Form:       8-K
Filed at:   2023-08-10T23:59:59+00:00
Accession:  0001437749-23-022876
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Holley Q2 net sales down 2.3% to $175.3M; raises FY2023 guidance
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- Net sales $175.3M (-2.3% YoY); gross margin 39.8% vs 42.0% last year.
- Net income $13.0M ($0.11 diluted EPS) vs $40.6M ($0.35) last year.
- Adjusted EBITDA $37.9M (21.6% margin) vs $37.2M (20.7% margin) last year.
- Free cash flow $29.0M vs -$1.3M last year.
- Company raised full-year 2023 sales and Adjusted EBITDA guidance ranges.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1822928/000143774923022876/0001437749-23-022876-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1822928/000143774923022876/hlly20230524_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-23-022876

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