Highest-materiality recent filing
Holley announces $25M share repurchase program; reaffirms net leverage target
Board authorized repurchase of up to $25M of common stock; no time limit or minimum obligation.
Holley Q1 net income rises to $7.3M; revenue down 3.7% YoY to $147.3M
Net income of $7.3M ($0.06 diluted EPS) vs $2.8M ($0.02) YoY; adjusted net income $5.7M.
Holley Q4 net sales up 10.9% to $155.4M; net income $6.3M vs loss of $37.8M
Q4 2025 net sales $155.4M (+10.9% YoY); core business net sales grew 13.5% excluding non-core items.
Holley Q3 sales up 3.2% to $138.4M, core growth 6.4%; adjusted EBITDA $27.1M
Net sales $138.4M (+3.2% YoY); core business net sales grew 6.4% excluding non-core items.
Holley repays additional $10M on term loan; total debt reduction reaches $100M since Sep 2023
Paid down $10M on first lien term loan via opportunistic repurchases at a discount, funded with free cash flow.
Holley Q2 net sales $166.7M (-1.7%) but core business grew 3.9%; record FCF $35.7M
Net sales $166.7M vs $169.5M a year ago; core net sales up 3.9% excluding $9.0M non-core.
Holley Q1 net sales $153M (-3.5% YoY); core business up 3.3%; adj. EBITDA $27.3M
Net sales $153.0M, down 3.5% YoY; core business net sales grew 3.3% excluding ~$10.5M of divestitures and SKU rationalization.
Holley reports Q4 net loss of $37.8M on $140M sales; impairment charges and guidance for 2025
Q4 net sales $140.1M, down 10.1% YoY; full year $602.2M, down 8.7% from $659.7M.
Holley enters perpetual exclusive North American license for Cataclean products for $23.8M
Agreement covers US, Canada, Mexico; includes existing and future Cataclean formulations.
Holley amends revolver to covenant-lite; extends maturity to 2029, reduces size to $100M
Revolving credit facility maturity extended to November 18, 2029.
Holley Q3 net sales down 14.4% to $134M; net loss $6.3M vs prior year profit
Net loss of $(6.3)M ($(0.05)/diluted share) vs net income $0.8M ($0.01) YoY.
Holley Q2 net sales down 3% to $169.5M; net income up 31% to $17.1M
Net sales $169.5M (-3.3% YoY); net income $17.1M ($0.14 EPS) vs $13.0M ($0.11 EPS) last year.
Holley Q1 net sales down 7.9% to $158.6M; adjusted net income $0.1M; FY outlook reiterated
Net sales $158.6M, down 7.9% YoY from $172.2M; net income $3.7M ($0.03 diluted EPS) vs $4.2M.
Holley pays down additional $15M on first lien term loan; total $65M prepaid since Sep 2023
$15M principal reduction completed in March 2024 via opportunistic repurchases at a discount to par using cash on hand.
Holley reports Q4 net income $1.2M vs loss; Q4 adj EBITDA up 89% YoY; guides FY2024 sales $671-721M
Q4 net sales $155.7M (+1.0% YoY); gross margin 38.7% vs 30.7% YoY.
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.
Max materiality 0.80 · Median 0.62 · Most common event earnings