secwatch / observer
8-K filed May 8, 2024, 7:59 PM ET ticker HLLY CIK 0001822928
earnings confidence high sentiment negative materiality 0.65

Holley Q1 net sales down 7.9% to $158.6M; adjusted net income $0.1M; FY outlook reiterated

Holley Inc.

2024-Q1 EPS reported $0.03 revenue$158,636,000

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Holley Inc. reported first quarter ended March 31, 2024 results: revenue $158.6 million, net income $3.7 million, EPS $0.03 per diluted share. Guidance reaffirmed.

Period
first quarter ended March 31, 2024
Revenue
$158.6 million
Net income
$3.7 million
EPS
$0.03 per diluted share
Guidance
reaffirmed
Result
reported results
Exact text from the filing
HOLLEY REPORTS FIRST QUARTER 2024 RESULTS; CONTINUES ORGANIZATIONAL TRANSFORMATION WITH KEY EXECUTIVE APPOINTMENTS TO DRIVE ORGANIC GROWTH Delivered first quarter net sales of $158.6 million Paid down $15 million of debt and improved free cash flow generation by $15m, year-over year Reiterates full year 2024 outlook and provides Q2 outlook BOWLING GREEN, Ky. – May 8,
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Shareholder Votes SEC 8-K Item 5.07 confidence 0.95

Holley Inc. shareholders approved Ratification of appointment of Grant Thornton LLP as independent registered public accounting firm for fiscal 2024 at the 2024-05-02 meeting.

Proposal
auditor ratification
Outcome
passed
Meeting
2024-05-02
Exact text from the filing
2. Ratification of Appointment of Independent Registered Public Accounting Firm . The appointment of Grant Thornton LLP as the Company’s independent registered public accounting firm for the fiscal year ending on December 31, 2024 was ratified, with the voting results as follows: Votes For Votes Against Abstentions Broker Non-Votes 101,990,271 12,881 73,517 --
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Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

Holley Inc. shareholders approved Election of three Class III directors at the 2024-05-02 meeting.

Proposal
director election
Outcome
passed
Meeting
2024-05-02
Exact text from the filing
1. Election of Directors . Each of the nominees for director, as listed in the Proxy Statement, was elected to serve until the conclusion of the Company’s 2027 Annual Meeting of Stockholders or until his or her successor is duly elected and qualified, with the voting results as follows: Name Votes For Votes Withheld Broker Non-Votes Matthew Rubel 91,893,226 2,512,371 7,671,072 Owen M. Basham 68,252,222 26,153,375 7,671,072 Graham Clempson 72,399,750 22,005,847 7,671,072
View on SEC.gov

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Holley Inc. filing history →

Source: SEC EDGAR
accession 0001437749-24-015203
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