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Holley Inc. — fact timeline

Source-grounded facts extracted from Holley Inc.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

HLLY Holley Inc. JSON
Shareholder Votes

Holley Inc. shareholders approved Approval of the 2021 Omnibus Incentive Plan, as amended by the First Amendment at the 2026-05-01 meeting.

“The 2021 Omnibus Incentive Plan, as amended by the First Amendment (as amended, the “Plan”), to increase the number of authorized shares of common stock reserved for delivery under the Plan, was approved, with the voting results as follows: Votes For Votes Against Abstentions Broker Non-Votes 61,003,367 27,635,565 79,415 13,807,879”
Shareholder Votes

Holley Inc. shareholders approved Frequency of Future Say-on-Pay at the 2026-05-01 meeting.

“The Company’s stockholders chose, on a non-binding advisory vote basis, to hold future Say-on-Pay votes every year, with the voting results as follows. The Board considered the results of the advisory vote and decided that, consistent with the Board’s recommendation in the proxy statement for the Annual Meeting, the Company will continue to solicit an advisory vote on executive compensation annually until the next required advisory vote on the frequency of future Say-on-Pay votes. Every 3 Years Every 2 Years Annually Abstentions 27,892,297 7,335 60,811,227 7,488”
Shareholder Votes

Holley Inc. shareholders approved Compensation of Named Executive Officers ('Say-on-Pay') at the 2026-05-01 meeting.

“The compensation of the Company’s named executive officers for the year ended December 31, 2025 was approved, on an advisory basis, with the voting results as follows: Votes For Votes Against Abstentions Broker Non-Votes 87,722,318 988,039 7,990 13,807,879”
Shareholder Votes

Holley Inc. shareholders approved Ratification of Appointment of Independent Registered Public Accounting Firm at the 2026-05-01 meeting.

“The appointment of Grant Thornton LLP as the Company’s independent registered public accounting firm for the fiscal year ending on December 31, 2026 was ratified, with the voting results as follows: Votes For Votes Against Abstentions Broker Non-Votes 102,496,490 26,463 3,273 0”
Shareholder Votes

Holley Inc. shareholders approved Election of Directors at the 2026-05-01 meeting.

“Each of the nominees for director, as listed in the Proxy Statement, was elected to serve until the conclusion of the Company’s 2029 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 James Coady 59,291,243 29,427,104 13,807,879 Ginger Jones 80,227,647 8,490,700 13,807,879”
Earnings Releases

Holley Inc. reported first quarter ended March 29, 2026 results: revenue $147.3 million, net income $7.3 million, EPS $0.06 per diluted share.

“Net Sales was $147.3 million compared to $153.0 million last year • Net Income was $7.3 million, or $0.06 per diluted share”
Earnings Releases

Holley Inc. reported fourth quarter and full year ended December 31, 2025 results: revenue $155.4 million, net income $6.3 million, EPS $0.05 per diluted share.

“today announced financial results for its fourth quarter and full year ended December 31, 2025. Fourth Quarter Highlights vs. Prior Year Period • Net Sales increased 10.9% to $155.4 million compared to $140.1 million last year • Core business net sales 1 for the fourth quarter of 2025 grew by 13.5% compared to the fourth quarter of 2024 after excluding non-core”

Brian Appelgate changed role as Interim Chief Operating Officer at Holley Inc..

“Effective as of July 1, 2024, Brian Appelgate completed a temporary assignment as Interim Chief Operating Officer of Holley, Inc. (the “Company”) which commenced on November 14, 2022.”
Earnings Releases

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.

“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,”
Shareholder Votes

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.

“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 --”
Shareholder Votes

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

“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”
Earnings Releases

Holley Inc. reported full year ended December 31, 2023 results: revenue $659.7 million, net income $19.2 million, EPS $0.16 per diluted share. Guidance initiated.

“to $0.1 million last year ● Free Cash Flow 1 was $29.9 million compared to $(1.3) million last year Full Year 2023 Highlights vs. Prior Year Period ● Net Sales decreased 4.2% to $659.7 million compared to $688.4 million last year ● Gross Profit increased 1.0% to $256.1 million compared to $253.7 million last year, and gross margin was 38.8% compared to 36.8% last year”
Earnings Releases

Holley Inc. reported quarter ended December 31, 2023 results: revenue $155.7 million, net income $1.2 million, EPS $0.01 per diluted share. Guidance initiated.

“today announced financial results for its fourth quarter and full year ended December 31, 2023. Fourth Quarter Highlights vs. Prior Year Period ● Net Sales increased 1.0% to $155.7 million compared to $154.2 million last year ● Gross Profit increased 27.5% to $60.3 million compared to $47.3 million last year, and gross margin was 38.7% compared to 30.7% last year ●”
Earnings Releases

Holley Inc. updated its third quarter ended October 1, 2023 guidance (lowered).

“On November 8, 2023, Holley Inc. (the “Company”) issued a press release announcing its financial results and operational highlights for the Company’s quarter ended October 1, 2023 and revising certain guidance previously provided by the Company.”
Earnings Releases

Holley Inc. reported second quarter ended July 2, 2023 results: revenue $175.3 million, net income $13.0 million, EPS $0.11 per diluted share. Guidance raised.

“enthusiasts, today announced financial results for its second quarter ended July 2, 2023. Second Quarter Highlights vs. Prior Year Period ● Net Sales decreased 2.3% to $175.3 million compared to $179.4 million last year ● Gross Profit decreased 7.4% to $69.7 million compared to $75.3 million last year, and gross margin was 39.8% versus 42.0% last year ● Net”
Governance Changes

Holley Inc.: Adopted amended and restated bylaws to enhance procedural mechanics for stockholder nominations and proposals, modify stockholder list provisions, require proxy card color distinction, and add severability clause (effective 2023-08-08).

“On August 8, 2023, the Board of Directors (the “Board”) of the Company adopted and approved amended and restated by-laws (the “Amended and Restated By-Laws”), effective concurrently with such adoption.”

Michelle Gloeckler departed as Interim President and Chief Executive Officer at Holley Inc..

“Michelle Gloeckler, who has served as the Interim President and CEO since February 6, 2023, will no longer serve in such position effective as of the Start Date.”

Matthew Stevenson was appointed as Class I Director at Holley Inc..

“as well as a Class I director of the Company with a term expiring at the 2025 annual meeting of the Company.”

Matthew Stevenson was appointed as President and Chief Executive Officer at Holley Inc..

“On May 17, 2023, Holley Inc. (the “Company”) announced the appointment of Matthew Stevenson as President and Chief Executive Officer of the Company, as well as a Class I director of the Company with a term expiring at the 2025 annual meeting of the Company.”

Michelle Gloeckler departed as Interim President and Chief Executive Officer at Holley Inc..

“In connection with the appointment of Mr. Stevenson as President and Chief Executive Officer of the Company effective as of the Start Date, Michelle Gloeckler, who has served as the Interim President and CEO since February 6, 2023, will no longer serve in such position effective as of the Start Date.”

Matthew Stevenson was appointed as President and Chief Executive Officer at Holley Inc..

“On May 17, 2023, Holley Inc. (the “Company”) announced the appointment of Matthew Stevenson as President and Chief Executive Officer of the Company, as well as a Class I director of the Company with a term expiring at the 2025 annual meeting of the Company.”
Earnings Releases

Holley Inc. reported first quarter ended April 2, 2023 results: revenue $172.2 million, net income $4.3 million, EPS $0.04 per diluted share. Guidance reaffirmed.

“HOLLEY REPORTS FIRST QUARTER 2023 RESULTS Company reaffirms full year 2023 outlook Sales leverage, operational improvements and cost initiatives drive significant sequential profitability increase BOWLING GREEN, KY – May 11, 2023 – Holley Inc. (NYSE: HLLY), a leading platform serving performance automotive enthusiasts, today announced financial results for its first quarter ended April 2, 2023. First Quarter Highlights vs. Prior Year Period ● Net Sales decreased 13.9% to $172.2 million compared to $200.1 million in the prior year's first quarter ● Gross Profit decreased 18.1% to $67.7 million compared to $82.7 million in the prior year's first quarter ● Net Income of $4.3 million , or $0.04 per diluted share, compared to Net Income of $16.9 million , or $0.15 per diluted share, in the prior year's first quarter”
Shareholder Votes

Holley Inc. shareholders approved Ratification of Appointment of Independent Registered Public Accounting Firm at the 2023-05-09 meeting.

“Votes For Votes Against Abstentions Broker Non-Votes 101,908,523 25,958 1,011 --”
Shareholder Votes

Holley Inc. shareholders approved Election of Class II Directors for three-year terms at the 2023-05-09 meeting.

“On May 9, 2023, the Company held its 2023 Annual Meeting of Stockholders (the “Annual Meeting”). At the Annual Meeting, the stockholders of the Company: (1) elected two Class II directors for three-year terms; and (2) ratified the appointment of Grant Thornton LLP as the Company’s independent registered public accounting firm for fiscal 2023.”
Earnings Releases

Holley Inc. updated its fourth quarter and full year ended December 31, 2022 guidance (initiated).

“On March 9, 2023, the Company issued a press release announcing its financial results and operational highlights for the Company’s fourth quarter and year ended December 31, 2022.”
Material Agreements

Holley Inc. amended Credit Agreement, as amended by the First Amendment with Wells Fargo Bank, National Association, as administrative agent, and the revolving credit lenders party thereto valued at First Amendment to Credit Agreement dated November 18, 2021; amended covenant levels, interest rates (effective 2023-03-03).

“On March 3, 2023, Holley Inc. (the “Company”), certain subsidiaries of the Company, the revolving credit lenders party thereto and Wells Fargo Bank, National Association (“Wells Fargo”), as administrative agent for the lenders, entered into an amendment (the “First Amendment”) to that certain Credit Agreement, dated as of November 18, 2021, by and among the Company, Wells Fargo, as administrative agent, collateral agent, letter of credit issuer and swing line lender, and the other lenders from time to time party thereto (the “Credit Agreement”).”
Earnings Releases

Holley Inc. reported the full year ended December 31, 2022 results: revenue Preliminary Net Sales of $687-$689 million, net income Preliminary Net Income of $70-$72 million.

“Full Year 2022 Highlights vs. Prior Year Period ● Preliminary Net Sales of $687-$689 million, compared to $693 million in 2021 ● Preliminary Gross Profit of $253-$255 million, compared to $287 million in 2021 ● Preliminary Net Income of $70-$72 million, compared to a Net Loss of $27 million in 2021 ● Preliminary Adjusted EBITDA 1 range of $113 to $115 million, compared to $169 million in 2021”
Earnings Releases

Holley Inc. reported the fourth quarter ended December 31, 2022 results: revenue Preliminary Net Sales of $153-$155 million, net income Preliminary Net Loss of $19-$17 million.

“Fourth Quarter Highlights vs. Prior Year Period ● Preliminary Net Sales of $153-$155 million compared to $180 million in the fourth quarter 2021 ● Preliminary Gross Profit of $46-$48 million compared to $75 million in the fourth quarter of 2021 ● Preliminary Net Loss of $19-$17 million compared to a Net Loss of $18 million in the fourth quarter of 2021 ● Preliminary Adjusted EBITDA 1 of $13 to $15 million, compared to $36 million in the fourth quarter of 2021”

Graham Clempson was appointed as Director at Holley Inc..

“Graham Clempson, an observer on the Board since the Company’s business combination with Empower Ltd. (“Empower”) in July 2021, was appointed to serve as a member of the Board, effective immediately.”

Matthew Rubel was appointed as Executive Chairman at Holley Inc..

“Matthew Rubel, the Company’s current Chairman of the Board, was designated and appointed Executive Chairman of the Board, and expects to serve in such role until a permanent CEO has been selected.”

Michelle Gloeckler was appointed as Interim President and Chief Executive Officer at Holley Inc..

“The Board has appointed current Director, Michelle Gloeckler, as Interim President and CEO while it conducts a comprehensive search process to identify a permanent CEO.”

Thomas Tomlinson retired as President and Chief Executive Officer at Holley Inc..

“On February 4, 2023, Thomas Tomlinson gave notice to the Company that he will retire as President and Chief Executive Officer (“CEO”) and resign from the Board of Directors (the “Board”), effective February 6, 2023.”

Stephen Trussell changed role as Vice President of Finance at Holley Inc..

“Mr. Weaver will succeed Stephen Trussell, who has served as the Company’s Interim Chief Financial Officer since September 30, 2022. Mr. Trussell will continue as the Company’s Vice President of Finance, a role he has held since 2009.”

Jesse Weaver was appointed as Chief Financial Officer at Holley Inc..

“On December 12, 2022, Holley Inc. (the “Company”) announced that the board of directors of the Company (the “Board”) approved the appointment of Jesse Weaver, 41, as the Company’s Chief Financial Officer, effective immediately.”
Earnings Releases

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.

“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”

Brian Appelgate was appointed as interim Chief Operating Officer at Holley Inc..

“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.”

Stephen Trussell was appointed as interim Chief Financial Officer at Holley Inc..

“Stephen Trussell, the Company’s current Vice President of Finance, will serve as interim Chief Financial Officer, effective upon Mr. Bardos’s departure.”

Dominic Bardos resigned as Chief Financial Officer at Holley Inc..

“On August 11, 2022, Holley Inc. (the “Company”) announced that the Company’s Chief Financial Officer, Dominic Bardos, has resigned, effective September 30, 2022”

Andrew Spring resigned as Officer at Holley Inc..

“In connection with the Closing, Graham Clempson, Krishnan Anand, Jeffrey Jones and Beth Kaplan resigned as directors of Empower and Matthew Rubel, Graham Clempson and Andrew Spring resigned as officers of Empower and its subsidiaries.”

Matthew Rubel resigned as Officer at Holley Inc..

“In connection with the Closing, Graham Clempson, Krishnan Anand, Jeffrey Jones and Beth Kaplan resigned as directors of Empower and Matthew Rubel, Graham Clempson and Andrew Spring resigned as officers of Empower and its subsidiaries.”

Beth Kaplan resigned as Director at Holley Inc..

“In connection with the Closing, Graham Clempson, Krishnan Anand, Jeffrey Jones and Beth Kaplan resigned as directors of Empower and Matthew Rubel, Graham Clempson and Andrew Spring resigned as officers of Empower and its subsidiaries.”

Jeffrey Jones resigned as Director at Holley Inc..

“In connection with the Closing, Graham Clempson, Krishnan Anand, Jeffrey Jones and Beth Kaplan resigned as directors of Empower and Matthew Rubel, Graham Clempson and Andrew Spring resigned as officers of Empower and its subsidiaries.”

Krishnan Anand resigned as Director at Holley Inc..

“In connection with the Closing, Graham Clempson, Krishnan Anand, Jeffrey Jones and Beth Kaplan resigned as directors of Empower and Matthew Rubel, Graham Clempson and Andrew Spring resigned as officers of Empower and its subsidiaries.”

Graham Clempson resigned as Officer at Holley Inc..

“In connection with the Closing, Graham Clempson, Krishnan Anand, Jeffrey Jones and Beth Kaplan resigned as directors of Empower and Matthew Rubel, Graham Clempson and Andrew Spring resigned as officers of Empower and its subsidiaries.”

Graham Clempson resigned as Director at Holley Inc..

“In connection with the Closing, Graham Clempson, Krishnan Anand, Jeffrey Jones and Beth Kaplan resigned as directors of Empower and Matthew Rubel, Graham Clempson and Andrew Spring resigned as officers of Empower and its subsidiaries.”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.