Board Change • May 20
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 7 experienced directors. No highly experienced directors. President, CEO & Director Matt Stevenson was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Anuncio • May 16
Holley Performance Brands Announces Executive Changes Holley Performance Brands announced the appointment of Sarah Apple as Senior Vice President, General Counsel & Corporate Secretary, effective May 15, 2026. Apple joins Holley with extensive experience advising public-company leadership teams on corporate governance, regulatory compliance, strategic transactions and operational matters. Most recently, she served as Associate General Counsel at REV Group, where she led key initiatives involving SEC reporting and mergers and acquisitions. Prior to REV Group, Apple held progressive leadership roles at Regal Rexnord Corporation, serving as a strategic advisor and business partner to senior executives across global operational matters, compliance initiatives, SEC reporting, board governance, and large-scale strategic transactions. In her new role, Apple will serve as a member of Holley’s senior leadership team, overseeing the company’s legal function and advising on corporate and board governance, regulatory matters, strategic transactions and business operations across the organization. Apple succeeds Carly Kennedy, who has departed the company after serving as EVP, General Counsel and Corporate Secretary. Kennedy played an important role in strengthening Holley’s legal and governance capabilities while supporting several strategic initiatives across the business. To ensure a smooth transition, Kennedy has worked closely with Apple to support continuity and an effective handoff of responsibilities. Anuncio • May 08
Holley Inc. Updates Earnings Guidance for the Full Year Ended December 31, 2026 Holley Inc. updated earnings guidance for the full year ended December 31, 2026. For the year, the company expected net sales of $610 million - $640 million as compared to prior guidance of $625 million - $655 million. Anuncio • Apr 22
Holley Inc. to Report Q1, 2026 Results on May 06, 2026 Holley Inc. announced that they will report Q1, 2026 results Pre-Market on May 06, 2026 Anuncio • Apr 17
Cataclean Launches Diesel Exhaust System and DPF Cleaner Cataclean, the trusted brand in fuel and exhaust system cleaning solutions, in the Holley Performance Brands portfolio, announced the launch of Cataclean Diesel Exhaust System & DPF Cleaner, a new diesel-specific emissions system treatment that expands the Cataclean line into a new vehicle segment, bringing the brand to diesel truck owners, commercial vehicle operators and other diesel drivers seeking solutions to help restore emissions system performance and efficiency, while also supporting Holley’s American Performance chemicals expansion strategy. Cataclean Diesel Exhaust System & DPF Cleaner is designed to benefit diesel engines and reflects an important customer insight: diesel vehicle owners often prefer diesel-specific formulations over multi-fuel additives when addressing emissions-related issues. The product is engineered to help clean critical diesel exhaust and fuel system components, including the diesel particulate filter (DPF), catalytic converter, turbocharger, oxygen sensors, injectors and cylinder heads, helping support system regeneration, fuel economy and overall performance. Cataclean Diesel Exhaust System & DPF Cleaner is a lab-tested formula engineered for today’s emissions-challenged diesel vehicles. In controlled testing conditions, the product demonstrated up to 25% improvement in DPF performance and up to 50% reduction in hydrocarbons. Results may vary by vehicle condition, mileage and emissions system health. The launch builds on Holley’s broader expansion of its automotive chemicals portfolio, which includes which includes NOS Octane Booster, Holley Carburetor Cleaner and Baer Spray Brake Cleaner. Anuncio • Apr 09
Holley Launches Swap Essentials Modular Engine Swap Kit Platform Holley announced the launch of Holley Swap Essentials, a new modular engine swap kit platform from its portfolio-leading Holley brand. The platform is designed to simplify one of the most complex upgrades in the automotive aftermarket—installing a modern engine into a classic vehicle. Holley is bringing together verified-fitment components, a guided shopping experience and a broader ecosystem of compatible products to make engine swaps easier to start, easier to complete and easier to expand over time. Launching first with GM applications, Holley’s Swap Essentials packages key LS and LT engine swap components into finished-good SKUs that have been validated through engineering and organized around how enthusiasts build. The system spans five kit levels and covers 50+ vehicle applications and 300+ validated component combinations, giving enthusiasts a more confident path into modernizing classic and late-model GM platforms while helping channel partners merchandise and sell a historically fragmented category more effectively. For decades, LS and LT swaps have offered enthusiasts a compelling path to modern power, but the buying process has often been time-consuming and uncertain, requiring customers to research numerous parts across multiple sources and determine whether those parts will fit both the vehicle and one another. Holley Swap Essentials is designed to remove that friction through application-specific kits that work together as a system, helping take the guesswork out of fitment, compatibility and upgrade planning. The platform also introduces a more curated digital buying experience, including configurator-driven selection and recommended-product pathways designed to guide customers through the process on Holley.com and with select performance-oriented channel partners. Each kit is structured in progressive levels, beginning with engine and transmission mounts and building up, depending on application, to include oil pans, headers or manifolds, exhaust systems and accessory drives. That modular structure gives customers an entry point at different budgets while preserving a clear path to upgrade later. Higher kit levels also offer increasing savings compared with purchasing components individually. Anuncio • Mar 23
Holley Inc., Annual General Meeting, May 01, 2026 Holley Inc., Annual General Meeting, May 01, 2026. Anuncio • Mar 05
Holley Inc. Provides Earnings Guidance for the Full Year Ending December 31, 2026 Holley Inc. provided earnings guidance for the full year ending December 31, 2026. For the period introducing full-year guidance, inclusive of the expected net impact of tariffs, the company expects net sales of $625 million - $655 million. Anuncio • Feb 18
Holley Inc. to Report Q4, 2025 Results on Mar 04, 2026 Holley Inc. announced that they will report Q4, 2025 results at 9:30 AM, US Eastern Standard Time on Mar 04, 2026 Anuncio • Dec 03
Holley Performance Brands Looks Ahead to 2026 with Key Advancements Across Safety, Racing and Brand Innovation at PRI Show Holley Performance Brands announced its return to the PRI Show in Indianapolis, Indiana, December 11-13. The company will feature an extensive showcase of products, technologies and brand heritage from its Safety & Racing portfolio, including Simpson, Stilo, HANS and RaceQuip. This 2025 exhibit underscores a year of strategic evolution, strengthening brand identity, advancing product offerings and positioning the business for significant growth in 2026. Throughout 2025, the Safety & Racing team at Holley has been focused on building a strong foundation for long-term growth, including: Strengthening brand identity through events like the inaugural Saddle Up Global Dealer Summit at Simpson's New Braunfels, Texas headquarters earlier this year; Aligning and modernizing product portfolios across its iconic Safety & Racing brands; Launching a new line of helmets in alignment with the new Snell SA2025 safety standards. Holley Performance Brands returns to the PRI Show in Indiana, from December 11-13. Product Innovation Meets Racing Heritage: Holley Performance Brands will reinforce its global impact across professional and grassroots racing, with a range of new advancements alongside milestone pieces from its Safety & Racing archives that shaped motorsports safety. Highlights include: Simpson, Stilo, Hans, and RaceQuip innovations across: New Snell SA2025-compliant helmet line; RaceQuip's new helmet: NX25; Simpon's new Bandit and Kingsnake models; Racing seats; Fire suits; FIA Sublimated Race Suits; NEW Karting Suits; Harness systems; Head-and-neck restraints; A special heritage display featuring the legendary fire suit worn by brand founder Bill Simpson in his famous Indianapolis demonstration back in 1986; A newly crafted book that captures the storied legacy and history of the Simpson brand from day one; Products from other brands in Holley's leading portfolio, including SEMA award-winning Terminator X Bluetooth EFI Kits, MSD Ultra 7AL ignition, Holley Hi Ram intakes for small block Chevy/big block Chevy/Ford Coyote engines and small block Ford accessory drives. Anuncio • Nov 07
Holley Inc. Provides Earnings Guidance for the Full Year Ended December 31, 2025 Holley Inc. provided earnings guidance for the full year ended December 31, 2025. For the period, the company expects net sales of $590 million - $605 million at %YOY 2.5% to 5.1% vs. Core Business. Anuncio • Oct 24
Holley Inc. to Report Q3, 2025 Results on Nov 07, 2025 Holley Inc. announced that they will report Q3, 2025 results Pre-Market on Nov 07, 2025 Anuncio • Oct 01
Holley Performance Brands Debuts Next-Gen Helmet Lineup for SA2025 Standard, Accelerating Transformation in Safety & Racing Vertical Holley Performance Brands announced the launch of a next-generation helmet line from Stilo, Simpson and RaceQuip, three of the company’s iconic motorsports safety brands. This new line of helmets was developed in alignment with the recently released Snell SA2025 safety standards, a certification developed by the Snell Memorial Foundation, an independent organization that has established rigorous helmet safety standards since 1957. Updated every five years, the Snell standard incorporates evolving research and testing methodologies to advance helmet performance and protection. Three Brands. One Standard. A New Era of Protection. Stilo continues to lead in professional-grade safety, combining advanced composites, precision fit, and improved airflow. First to market with FIA 8859 in 2024, Stilo’s ST6, WRX, and Venti models now carry both FIA and SA2025 approvals—delivering premium protection and comfort for grassroots and professional racers alike.Simpsonblends legacy and innovation with its refreshed SA2025 lineup. The new Kingsnake offers premium impact absorption, lightweight comfort, and aerodynamic performance. The iconic Bandit returns with upgraded safety and cooling, while the redesigned Vudo improves fit and visibility across disciplines—reinforcing Simpson’s reputation for helmets trusted at every level of racing.RaceQuip strengthens its position as the accessible safety brand with a fully refreshed lineup. The all-new NX25 debuts as the flagship, combining advanced features and styling at an affordable price. Proven favorites—the PRO25 and OF25—return with updated designs and SA2025 certification, delivering trusted protection for grassroots and entry-level racers. Racing Toward Growth: Demand Tailwinds from the Snell Cycle: As of October 1, 2025, SA2025-certified helmets will become the benchmark in many sanctioned series. Drivers using older SA2015-certified helmets will be required to upgrade to maintain compliance, prompting a predictable surge in demand across motorsport disciplines, including drag, oval, karting, dirt and road racing over the next five years.With a complete, Snell-compliant helmet line available at the transition, Holley’s safety and racing brands are positioned to meet replacement demand with industry-leading designs, strong dealer networks and decades of credibility in motorsports safety. Anuncio • Sep 11
Holley Inc. has completed a Follow-on Equity Offering in the amount of $38.5 million. Holley Inc. has completed a Follow-on Equity Offering in the amount of $38.5 million.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 14,000,000
Price\Range: $2.75
Discount Per Security: $0.116875 Anuncio • Sep 10
Holley Inc. has filed a Follow-on Equity Offering. Holley Inc. has filed a Follow-on Equity Offering.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 14,000,000 Anuncio • Aug 06
Holley Inc. Provides Earnings Guidance for the Full Year Ended December 31, 2025 Holley Inc. provided earnings guidance for the full year ended December 31, 2025. For the period, the company expects net sales of $580 million to $595 million, 0.8% to 3.4% YoY. Anuncio • Jul 24
Holley Inc. to Report Q2, 2025 Results on Aug 06, 2025 Holley Inc. announced that they will report Q2, 2025 results Pre-Market on Aug 06, 2025 Anuncio • Apr 23
Holley Inc. to Report Q1, 2025 Results on May 07, 2025 Holley Inc. announced that they will report Q1, 2025 results Pre-Market on May 07, 2025 Anuncio • Mar 27
Holley Performance Brands Expands Automotive Chemicals Portfolio with New Premium High-Performance Solutions Holley Performance Brands announced an expansion of its automotive chemicals portfolio with three new cutting-edge products: NOS Octane Booster, Holley Carburetor Cleaner and Baer Spray Brake Cleaner. The new product lineup will deliver premium, high-performance solutions for automotive enthusiasts and racers seeking improved power output, superior cleaning and enhanced system efficiency. The announcement follows the news of Holley's new agreement to be the exclusive developer and distributor of Cataclean products in North America, including its renowned fuel and exhaust system cleaner. From left to right: Baer Spray Brake CleanER, Holley Carburetor & Throttle Body Cleaner, and NOS Octane Booster. These high-performance chemical solutions are designed to enhance braking efficiency, improve engine responsiveness and boost fuel octane for maximum power. The Octane Booster from NOS - a brand enthusiasts will recognize from the popular Fast and Furious film franchise - is designed to raise octane levels of fuel by up to five numbers for high-compression sport and race engines. It delivers improved horsepower, reduces NOX emissions and promotes better engine knock protection. The new Holley Carburetor Cleaners is formulated to be tough on deposits and carbon buildup while remaining safe for sensors, plastics and metal components. Engineered for carburetors and throttle bodies, its versatility extends to a variety of engine types to restore responsiveness and ensure smoother operation. Made in the USA, this professional-grade product is designed for both performance enthusiasts and everyday drivers. Baer Spray Brake Cleaners, a new product from the popular brakes brand, is designed to optimize brake system performance. Made in the USA, Baer Spray's low-VOC formula removes machining oils, factory coatings, dirt and grease, ensuring a proper break-in for new pads and rotors. Baer Spray helps reduce brake noise, enhance brake bite and improve overall braking efficiency - making it an essential tool for both professional mechanics andDIY enthusiasts. With increasing consumer demand for high-performance chemical solutions, Holley Performance Brands is building on the legacy of its trusted brands and leveraging its strong partnerships with distributors to provide a robust lineup of quality products to a growing market looking for premium performance-enhancing solutions. The NOS Octane Booster and Baer Spray Brake cleaner are now available, while the Holley Carburetor CleanER is available for pre-order. Anuncio • Mar 21
Holley Inc., Annual General Meeting, May 01, 2025 Holley Inc., Annual General Meeting, May 01, 2025. Anuncio • Feb 20
Holley Inc. to Report Q4, 2024 Results on Mar 11, 2025 Holley Inc. announced that they will report Q4, 2024 results at 9:30 AM, US Eastern Standard Time on Mar 11, 2025 Anuncio • Feb 13
Holley Performance Brands Launches Modern Truck & Off-Road Performance Packages Holley Performance Brands announced the launch of its Modern Truck & Off-Road Performance Packages, a first-of-its-kind solution for the aftermarket industry. Designed to make aftermarket customization easier and faster, the Off-Road Performance Packages bring the power and performance of top products from Holley's leading truck and off-road brands, including Flowmaster, ADS and Baer, into a single solution. Modern Truck & Off- Road Performance Packages provide complete platform solutions that make the upgrade process easy, providing a fully integrated system where every component works in harmony. The Off-Road Performance Packages bundle Holley's most popular and trusted products like exhaust systems, brakes, suspension kits and electronic tuners that are engineered to work together to upgrade the performance of popular vehicle platforms in the company's Modern Truck & Off-Road consumer vertical, including: 2021 and newer Ford Broncos; 2014 and newer Chevy Silverados; 2014 and newer GMC Sierras; 2005 and newer Toyota Tacomas. components of the Modern Truck & Off-Road performance Packages include: Flowmaster Exhaust: Enhanced exhaust flow, improved engine performance and signature sound; ADS Direct Fit 2.5" Adjustable Reservoir Race Coilover Suspension System: Increased ground clearance, improved control over uneven terrain and accommodation for larger tires; Baer Brakes: Stronger stopping power, better towing performance, and improved safety and reliability in off-road conditions; Trusted Tuning: Multiple options from Holley's leading tuning portfolio including DiabloSport, AEM and Superchips for increased power on-the-go performance calibration and optimization for both on and off-road adventures. Every product selected for the Performance Packages is backed by a team of Holley engineers working across the brands to ensure balanced and optimized performance that brings safety, fun and excitement to automotive enthusiasts everywhere. Whether they're a DIYer or a first-time modifier working with their favorite auto shop, customizing their truck or SUV has never been easier. Anuncio • Feb 05
Simpson Motorcycle Introduces Journey and Xcursion Helmets for Adventure Riders Holley Performance Brands has unveiled two groundbreaking additions in the Simpson Motorcycle lineup: the Journey Bandit and Xcursion Bandit adventure motorcycle helmets. Designed for the growing adventure rider market, these innovative helmets deliver unmatched protection and performance on and off-road. The Simpson brand's signature quality, innovation and style has made it a household name in motorsports safety since 1959. Nearly 20 years ago, Simpson introduced that same spirit to its gear for motorcycle enthusiasts. Present, the Simpson adventure helmets mark a bold entry into a new market for the brand, meeting the unique needs of off-road adventure riders by combining trusted protection and performance with Simpson's unapologetic American style. The move comes amid a global rise in motorcycle touring and adventure riding, underscoring Simpson's commitment to meeting the needs of off-road riders and positioning Holley Performance Brands as a forward-focused leader in a growing market. Designed for Every Adventure The Journey Bandit helmet is designed for both open highways and off-road trails with a dual-certified chinbar, while the Xcursion Bandit helmet's versatile full-face design is tailored specifically for rugged off-road exploration. Both helmets are meticulously crafted with features that prioritize safety, comfort and performance in any condition or climate, including: Durable construction: Tricomposite or carbon fiber shells for exceptional strength and durability; Advanced cooling: Adjustable top and chin vents for superior airflow; All-day comfort: Advanced plush foam padding wrapped in Comfort MAX for a secure, spacious and dry fit; Clear views: Ultra-wide viewports and Pinlock® MaxVision antifog shields for broad and clear views; Custom fit: Three shell sizes for an optimal and personalized fit for every adventure rider. Reported Earnings • Nov 10
Third quarter 2024 earnings released: US$0.053 loss per share (vs US$0.006 profit in 3Q 2023) Third quarter 2024 results: US$0.053 loss per share (down from US$0.006 profit in 3Q 2023). Revenue: US$134.0m (down 14% from 3Q 2023). Net loss: US$6.29m (down US$7.04m from profit in 3Q 2023). Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Auto Components industry in Germany. Anuncio • Nov 08
Holley Inc. Provides Earnings Guidance for the Fourth Quarter and Full Year of 2024 Holley Inc. provided earnings guidance for the fourth quarter and full year of 2024. For the quarter, the company expects net sales in the range of $133 million - $143 million.
For full year, the company expects net sales in the range of $595 million - $605 million. Anuncio • Oct 25
Holley Inc. to Report Q3, 2024 Results on Nov 08, 2024 Holley Inc. announced that they will report Q3, 2024 results Pre-Market on Nov 08, 2024 Anuncio • Oct 15
Flowmaster, Part of the Holley Performance Brands Introduces Signature Series Premium Exhaust Line Flowmaster, part of the Holley Performance Brands announced the launch of the Flowmaster Signature Series, the brand’s new premium exhaust line. Engineered for increased power and performance, the next-generation exhaust system provides a finely tuned sound, and features brushed stainless steel for a clean, high-end look that resists premature rusting. Available for modern truck applications including the Ram 1500, GM 1500, Ford F-150 and Toyota Tacoma, the Flowmaster Signature Series delivers significant gains in power and torque over stock exhaust systems and is made from top-of-the-line materials that deliver maximum durability and better heat control. The Signature Series also features a unique user-friendly design that allows for simplified at-home installation. With nearly 14 million vehicles currently on the road that could benefit from an upgraded exhaust system, the market for high-performance exhaust solutions continues to expand. As Holley works to help customers make their vehicles faster, louder and more fun to drive, the Flowmaster Signature Series opens new growth opportunities, offering a premium product that boosts performance and style. Key features and benefits of the Flowmaster Signature Series include: Significant gains in power and torque. More aggressive sound performance than stock. Cat-Back and Axle-Back systems that maintain emissions compliance. Premium materials for that premium look and enhanced corrosion protection. Simple and convenient installation with factory hanger locations. Hand-welded and made in the USA. Holley continues to focus on launching new products like the Flowmaster Signature Series that meet the performance needs of modern truck enthusiasts. The exhaust line is one of several key offerings that will serve as a cornerstone of the Holley Performance Brands booth at SEMA in early November. Anuncio • Aug 30
Holley Performance Brand's Simpson Announces Version 3.0 Devil Ray and Desert Devil Helmets Simpson, a Holley Performance Brand, announced the release of the Devil Ray 3.0 and Desert Devil 3.0 racing and off-road helmets. The helmets set a new standard for the Simpson brand with a lightweight design, improved safety features, aggressive Simpson styling and unmatched performance. The strategic redesign of the Devil Ray 3.0 and Desert Devil 3.0 helmets is another example of how Holley Performance Brands is building on its legacy and delivering high-performance solutions that meet the needs of customers across its key consumer vertical groupings, including Safety & Racing and Modern Truck & Off-Road. The Devil Ray 3.0 helmet is for enthusiasts seeking a custom fit and enhanced comfort during long races, while the Desert Devil 3.0 caters to enthusiasts venturing into off-road terrain, helping them conquer the most challenging desert and dirt environments. The Devil Ray and Desert Devil 3.0 helmets are designed to be the go-to helmets across a wide range of platforms and are crafted to withstand the toughest elements on and off the track. Both helmets are available in either carbon or composite variations and drivers can pick from four color options, including matte black, black, white or carbon fiber. The helmets boast improved aerodynamics, redesigned ventilation and better accessory integration. Additional enhanced features for each helmet include: Devil Ray 3.0.: Enhanced interior design for improved comfort during long races, Increased ventilation for optimal airflow, Snell certified. Desert Devil 3.0.: Pre-installed radio, top air system and neck skirt for dust protection in the toughest environments, Top air system for optimal ventilation, Enhanced interior design tailored for desert and dirt environments. Reported Earnings • Aug 08
Second quarter 2024 earnings released: EPS: US$0.14 (vs US$0.11 in 2Q 2023) Second quarter 2024 results: EPS: US$0.14 (up from US$0.11 in 2Q 2023). Revenue: US$169.5m (down 3.3% from 2Q 2023). Net income: US$17.1m (up 32% from 2Q 2023). Profit margin: 10% (up from 7.4% in 2Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Auto Components industry in Germany. Anuncio • Aug 08
Holley Inc. Provides Earnings Guidance for the Third Quarter and the Full Year of 2024 Holley Inc. provided earnings guidance for the third quarter and full year of 2024. For the quarter, the company expects net sales in the range of $133 million - $153 million.
For full year, the company expects net sales in the range of $605 million - $645 million. Anuncio • Jul 25
Holley Inc. to Report Q2, 2024 Results on Aug 07, 2024 Holley Inc. announced that they will report Q2, 2024 results Pre-Market on Aug 07, 2024 Valuation Update With 7 Day Price Move • Jul 18
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to €3.68, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 7x in the Auto Components industry in Germany. Total loss to shareholders of 31% over the past year. Anuncio • May 30
Holley Performance Brands Introduces Terminator X Max EFI Kit for Godzilla Engines Holley Performance Brands announced the release of the Holley Terminator X Max electronic fuel injection (EFI) kit for the popular Ford Godzilla engine. The system is the latest offering in Holley’s growing portfolio of engine swap solutions for performance enthusiasts. The advanced engine management system is specifically designed for classic muscle car and truck owners looking to install and run the powerful 7.3-liter Ford Godzilla engine with ease. The Terminator X Max system arrives at a significant time for the performance aftermarket. More classic car and truck enthusiasts are looking to unlock the full potential of these powerhouse engines for a variety of experiences, including cruising, rock crawling, truck pulling and racing. Terminator X Max meets these needs with unparalleled control over fuel and ignition systems. With plug-and-play installation, customizable tuning and integrated data access, the Terminator X Max for Godzilla is a both a significant evolution in engine swap accessibility and a substantial addition to Holley’s comprehensive portfolio of solutions that make it seamless to swap the most popular engines from manufacturers like General Motors, Ford and Stellantis. Like other EFI systems in Holley’s arsenal, the kit can be combined with Holley Godzilla products like the Holley Godzilla accessory drive, oil system and low-profile intake manifold to maximize classic vehicle performance. Anuncio • May 09
Holley Inc. Provides Earnings Guidance for the Second Quarter of 2024; Reiterates Earnings Guidance for the Full-Year 2024 Holley Inc. provided earnings guidance for the second quarter and full-year 2024. For the quarter, the company expects net Sales in the range of $165 - $175 million.For full year, the company reiterates net sales in the range of $640 - $680 million. Reported Earnings • May 09
First quarter 2024 earnings released: EPS: US$0.032 (vs US$0.036 in 1Q 2023) First quarter 2024 results: EPS: US$0.032 (down from US$0.036 in 1Q 2023). Revenue: US$158.6m (down 7.9% from 1Q 2023). Net income: US$3.73m (down 12% from 1Q 2023). Profit margin: 2.4% (down from 2.5% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Auto Components industry in Germany. Anuncio • Apr 30
Holley Introduces Bluetooth Capability for Sniper 2 EFI Platform Holley Performance Brands announced the addition of a Bluetooth module for its Sniper 2 Electronic Fuel Injection (EFI) conversion ecosystem. The next-generation technology brings greater affordability and accessibility to the easy-to-install, self-tuning EFI system that allows classic cars and trucks with carburetors to run like modern vehicles. The new Sniper 2 Bluetooth module removes the need for a separate screen for tuning, and instead gives enthusiasts full control from the Sniper EFI app on any Android or iOS-based smartphone. Additionally, Holley is introducing an enhanced kitting-on-demand process to improve in-stock inventory and deliver more flexibility and customization for enthusiasts who are looking to convert their classic vehicles to an EFI ecosystem. The new Bluetooth module is the latest interface customers can choose as part of their on-demand kit. Originally launched in July 2023, Sniper 2 EFI is the next generation of Holley’s Sniper 1 product. Its easy-to-install, self-tuning technology is part of a complete Sniper EFI ecosystem – including plug-and-play Hyperspark ignition systems, fuel systems and more – that removes the guesswork and creates a wholistic, dynamic tuning experience for enthusiasts looking to modernize the power of their classic cars and trucks easily and affordably. Board Change • Apr 26
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 1 experienced director. No highly experienced directors. Executive Chairman Matt Rubel is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Anuncio • Apr 26
Holley Inc. to Report Q1, 2024 Results on May 08, 2024 Holley Inc. announced that they will report Q1, 2024 results Pre-Market on May 08, 2024 Anuncio • Apr 19
Holley Performance Brands Appoints Jordon Musser as Senior Vice President of Safety and Electronics Product Categories Holley Performance Brands announced Jordon Musser has joined the organization as Senior Vice President, Safety and Electronics Product Categories. Musser joins the organization as part of Holley’s ongoing efforts to accelerate transformational growth and leverage its portfolio of iconic brands to reach a broader range of enthusiasts, including those within its Safety & Racing consumer vertical grouping. In his new position, Musser will lead a global team of professionals to develop and implement a comprehensive strategic growth plan for Holley’s leading portfolio of safety brands, including Simpson, Stilo, Hans and Racequip. He will oversee all aspects of these brands, including managing site locations, product development and manufacturing, quality and engineering to deliver innovative solutions that meet the evolving needs of enthusiast customers. In addition, he will oversee all aspects for Holley’s renowned electronic parts brands, including Holley EFI, MSD, Edge, Superchips, ACCEL, AEM, DiabloSport, Range, Powerteq, Dinan and APR. Musser most recently served as Chief Product Officer and Global Head of Research and Development for Fluence Bioengineering, a division of Signify, where he guided LED and Internet of Things technology in the horticulture lighting market. He also previously served as Chief Operating Officer for the company. Prior to Fluence, he served as General Manager and Global Head, Commercial and Horticulture LED Products for Flex Lighting Solutions. Anuncio • Apr 10
Holley Performance Brands Announces Executive Appointments Holley Performance Brands announced Chet Baker has joined the organization as Senior Vice President of Sales. Baker is among several new sales leaders to recently join the organization as the company strengthens its sales team to engage enthusiasts more directly across the company’s consumer vertical groupings: Domestic Muscle, Modern Truck & Off-Road, Euro & Import, and Safety & Racing. As Senior Vice President of Sales, Baker will lead the company’s sales team, developing and executing strategies to drive growth across Holley’s iconic portfolio of brands. In addition to setting the sales strategy, he will work closely with Holley’s business and marketing teams to cultivate and nurture relationships with key distribution partners, including e-retailers, OEMs, wholesalers, national retail chain stores, big box stores and international accounts. Prior to joining Holley Performance Brands, Baker served as Vice President of Business Development and Partnerships for three pre-revenue startups where he designed the commercial infrastructure for product launch and revenue generation. He also previously served in key leadership positions in commercial operations, global innovation and general management at Ocean Spray, Abbott Laboratories and Procter & Gamble. Sales Expansion Adds Consumer Vertical Grouping Leads: In addition to Baker’s new role, Holley Performance Brands has named four new sales leaders who will be responsible for overseeing sales for the company’s target consumer vertical groupings and other strategic priority areas. Dan Waters has joined the organization as Senior Sales Director for Safety & Racing. A performance enthusiast and third generation drag racer, Waters joins Holley after holding sales and finance roles at Kellogg, Johnson & Johnson, and most recently Mars Inc. Scott McLaughlin, previously Director of Sales, has been promoted to the role of Senior Sales Director for Domestic Muscle. In this new position, he will have sales accountability for classic truck, classic muscle and modern muscle. Anuncio • Mar 23
Holley Inc., Annual General Meeting, May 02, 2024 Holley Inc., Annual General Meeting, May 02, 2024, at 08:00 Central Standard Time. Agenda: To consider the Election of three Class III directors named in this proxy statement; to consider Advisory vote to ratify the appointment of Grant Thornton LLP as the Company's independent registered public accounting firm for 2024; and to discuss other matters. Anuncio • Feb 29
Holley Inc. Provides Earnings Guidance for the First Quarter and Full Year of 2024 Holley Inc. provided earnings guidance for the first quarter and full year of 2024. For the first quarter, the company expects net sales of $150 million- $160 million.For theyear, the company expects net sales of $640 million - $680 million. Reported Earnings • Feb 29
Full year 2023 earnings released: EPS: US$0.16 (vs US$0.63 in FY 2022) Full year 2023 results: EPS: US$0.16 (down from US$0.63 in FY 2022). Revenue: US$659.7m (down 4.2% from FY 2022). Net income: US$19.2m (down 74% from FY 2022). Profit margin: 2.9% (down from 11% in FY 2022). Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Auto Components industry in Germany. Anuncio • Feb 15
Holley Inc. to Report Second Half, 2023 Results on Feb 28, 2024 Holley Inc. announced that they will report second half, 2023 results on Feb 28, 2024 Anuncio • Jan 18
Holley Inc. Names Philip Dobbs as Senior Vice President of Customer Experience Marketing Holley Inc. announced Philip Dobbs has joined the organization as Senior Vice President of Customer Experience Marketing. Dobbs has taken on a newly created role focused on providing the best possible brand, product and service engagements across the company’s B2B and B2C touchpoints. As Senior Vice President of Customer Experience Marketing, Dobbs will lead strategy and management for the full Holley brand portfolio, overseeing advertising and promotions, public relations, content marketing, tradeshows and events, and digital/website solutions. He will also be responsible for management of the Holley customer engagement center, third-party marketplaces, and the company’s direct-to-consumer business. Previously, Dobbs was Chief Marketing Officer at Bridgestone Americas where he led the company’s integrated marketing efforts for more than 11 years. He was instrumental in elevating the company’s brand-building efforts in the U.S. and Canada, driving significant improvements in brand awareness, familiarity, and purchase intent for both the Bridgestone and Firestone brands. He also established a best-in-class digital platform for both B2B and B2C shopping and buying solutions, and reshaped Bridgestone’s sports marketing strategy in the Americas region. Prior to his tenure at Bridgestone, Dobbs served in various marketing leadership roles with renowned consumer brands like Kraft, Fruit of the Loom, Heinz, Cadbury, Sealy, and TruGreen. Recent Insider Transactions • Nov 24
President recently bought €93k worth of stock On the 22nd of November, Matthew Stevenson bought around 25k shares on-market at roughly €3.71 per share. This transaction amounted to 1.0% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Matthew's only on-market trade for the last 12 months. Anuncio • Nov 11
Lowey Dannenberg P.C. Announces the Filing of A Class Action Lawsuit Against Holley Inc Lowey Dannenberg P.C. announced the filing of a class action lawsuit against Holley Inc. f/k/a Empower Ltd. (Holley or the Company) for violations of the federal securities laws on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired Barclays securities between July 22, 2019 and October 12, 2023, both dates inclusive (the Class Period). On November 6, 2023, a complaint was filed against the company and certain of its former and current officers alleging that throughout the Class Period, defendants made false and/or misleading statements and/or failed to disclose that: (i) as a result of Holley’s extensive focus on its direct-to-consumer (DTC) channel, Holley’s critically important relationships with its resellers and distributors, whose business made up the vast majority of Holley’s revenue, were suffering significant damage; (ii) Holley used discounting and other similar efforts to grow its DTC channel, which undermined the pricing discipline Holley historically had with its resellers and distributors, and further damaged Holley’s relationship with its resellers and distributors; (iii) as a result of Holley’s strained relationships with its resellers and distributors, those resellers and distributors were decreasing their purchases of Holley products, returning products already purchased at significant levels that were far above historical norms, and increasing their purchases of competitors’ products; (iv) Holley’s growing DTC channel could not offset the negative financial impact of Holley’s increasingly strained relationships with its resellers and distributors and, as a result, Holley’s critical relationship with resellers and distributors was deteriorating; (v) Holley had failed to successfully integrate and capture synergies from its numerous acquisitions, which left Holley with inefficient operations, excess costs, and inventory management problems; and (vi) Holly benefited from COVID-related stimulus money that temporarily boosted its sales and performance, and despite this unsustainable, temporary boost, defendants misled investors to believe the growth was sustainable and the result of persistent demand, and supportive of positive financial guidance. New Risk • Nov 10
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 60% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.3x net interest cover). Share price has been highly volatile over the past 3 months (9.6% average weekly change). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.4% net profit margin). Anuncio • Nov 09
Holley Inc. Revises Sales Guidance for the Year 2023 Holley Inc. revised sales guidance for the year 2023. For the year, the company expects Net Sales to be $645 - $675 million compared to previous guidance of $635 - $675 million. Anuncio • Nov 08
Robbins Geller Rudman & Dowd LLP Files Class Action Lawsuit Against Holley Inc Robbins Geller Rudman & Dowd LLP announced that purchasers of Holley Inc. securities between July 21, 2021 and February 6, 2023, inclusive (the “Class Period”) have until January 5, 2024 to seek appointment as lead plaintiff of the Holley class action lawsuit. Captioned City of Fort Lauderdale General Employees’ Retirement System v. Holley Inc., No. 23-cv-00148 (W.D. Ky.), the Holley class action lawsuit charges Holley and certain of its top executive officers with violations of the Securities Exchange Act of 1934. Case Allegations: Holley designs, manufactures, and distributes performance automotive products to customers primarily in the United States, Canada, and Europe. The Holley class action lawsuit alleges that defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: as a result of Holley’s extensive focus on its direct-to-consumer (“DTC”) channel, Holley’s critically important relationships with its resellers and distributors, whose business made up the vast majority of Holley’s revenue, were suffering significant damage; Holley used discounting and other similar efforts to grow its DTC channel, which undermined the pricing discipline Holley historically had with its resellers and distributors, and further damaged Holley’s relationship with its resellers and distributors; as a result of Holley’s strained relationships with its resellers and distributors, those resellers and distributors were decreasing their purchases of Holley products, returning products already purchased at significant levels that were far above historical norms, and increasing their purchases of competitors’ products; Holley’s growing DTC channel could not offset the negative financial impact of Holley’s increasingly strained relationships with its resellers and distributors and, as a result, Holley’s critical relationship with resellers and distributors was deteriorating; Holley had failed to successfully integrate and capture synergies from its numerous acquisitions, which left Holley with inefficient operations, excess costs, and inventory management problems; and Holly benefited from COVID-related stimulus money that temporarily boosted its sales and performance, and despite this unsustainable, temporary boost, defendants misled investors to believe the growth was sustainable and the result of persistent demand, and supportive of positive financial guidance. Anuncio • Nov 02
Holley Inc. and Detroit Speed & Engineering, Inc. Unveils Their Latest Popular Car Restomod at the 2023 Specialty Equipment Market Association Show in Las Vegas Holley Inc. and Detroit Speed & Engineering are unveiling their latest prestigious celebrity car restomod at the 2023 Specialty Equipment Market Association (SEMA) show in Las Vegas. The three-year project, commissioned by comedian andactor Kevin Hart, involved a complete custom rebuild of Hart's 1969 Pontiac GTO, transforming the classic muscle car into a picture of pro-touring excellence with powerhouse performance. Hart's vehicle made its debut during the SEMA Monday Reveal, a prominent pre-show event that offered a glimpse at the aftermarket's future, spotlighting what's next in the most advanced vehicle designs and builds. It was one of only 12 vehicles included in the program. The vehicle is now on display in Holley's SEMA booth (#22463) in Central Hall, where attendees can view the exceptional vehicle firsthand. A Custom Rebuild Featuring Multiple Holley Aftermarket Autoparts: Hart's 1969 Pontiac GT O features a Chevrolet Performance LT5 6.2L Supercharged-755 horsepower engine, Bowler Performance T56 transmission, and JRi Adjustable Coilover Shocks. The vehicle is equipped with HRE Valkyria wheels and Michelin Pilot Sport 4S performance tires. The front and rear bumpers, hood, front valance, and spoil are just a few of the modifications made by the Detroit Speed & Engineering team to achieve the desired aesthetic and vehicle dynamics. Additionally, Hart's vehicle leverages a number of aftermarket parts and components manufactured by Holley-owned businesses, including Detroit Speed Universal X-Gen 595 Suspension; Detroit Speed custom QUADRALink Rear Suspension; Classic Instruments gauges;aer Brakes 15" R-Spec rotors with XRT 6-piston calipers; GearFX Ford 9" rear end utilizing 3.82 ratio; Holley Premium Mid-Mount Complete Accessory Drive System; Detroit Speed Aluminum Battery Mount; Holley RetroBright Headlights; and a Hurst Shifter. Anuncio • Oct 26
Holley Inc. to Report Q3, 2023 Results on Nov 08, 2023 Holley Inc. announced that they will report Q3, 2023 results Pre-Market on Nov 08, 2023 Anuncio • Oct 20
Holley Inc. Appoints Sean Crawford to the Newly Created Role of Chief Product Officer Holley Inc. announced as part of this new organization, Holley named Sean Crawford to the newly created role of Chief Product Officer. In this position, Crawford will be responsible for overseeing Holley’s newly established vertical market segments, including providing leadership for product strategy, pricing, channel strategy and product data management. Crawford joined Holley in March 2020 as Chief Marketing Officer and served in that role until this latest announcement. Prior to Holley, Crawford served as President of JE Pistons and previously worked in leadership roles at Race Winning Brands and Performance Motorsports International. He earned his bachelor’s and master’s degrees at Concordia University in Irvine, California. Valuation Update With 7 Day Price Move • Aug 18
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to €5.60, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 8x in the Auto Components industry in Germany. Simply Wall St's valuation model estimates the intrinsic value at €10.21 per share. Reported Earnings • Aug 11
Second quarter 2023 earnings released: EPS: US$0.11 (vs US$0.35 in 2Q 2022) Second quarter 2023 results: EPS: US$0.11 (down from US$0.35 in 2Q 2022). Revenue: US$175.3m (down 2.3% from 2Q 2022). Net income: US$13.0m (down 68% from 2Q 2022). Profit margin: 7.4% (down from 23% in 2Q 2022). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Auto Components industry in Germany. Anuncio • Aug 11
Holley Inc. Revises Earnings Guidance for the Year 2023 Holley Inc. revised earnings guidance for the year 2023. For the year, the company expects net sales to be in the range of $635 million - $675 million compared to previous guidance of $625 million - $675 million. Anuncio • Jul 29
Holley Inc. to Report Q2, 2023 Results on Aug 10, 2023 Holley Inc. announced that they will report Q2, 2023 results Pre-Market on Aug 10, 2023 Valuation Update With 7 Day Price Move • Jul 19
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €5.35, the stock trades at a forward P/E ratio of 35x. Average forward P/E is 9x in the Auto Components industry in Germany. Simply Wall St's valuation model estimates the intrinsic value at €7.31 per share. Valuation Update With 7 Day Price Move • Jul 04
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €3.74, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 8x in the Auto Components industry in Germany. Simply Wall St's valuation model estimates the intrinsic value at €6.35 per share. Valuation Update With 7 Day Price Move • Jun 08
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to €3.28, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 7x in the Auto Components industry in Germany. Simply Wall St's valuation model estimates the intrinsic value at €5.99 per share. Reported Earnings • May 12
First quarter 2023 earnings released: EPS: US$0.036 (vs US$0.14 in 1Q 2022) First quarter 2023 results: EPS: US$0.036 (down from US$0.14 in 1Q 2022). Revenue: US$172.2m (down 14% from 1Q 2022). Net income: US$4.25m (down 75% from 1Q 2022). Profit margin: 2.5% (down from 8.4% in 1Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Auto Components industry in Germany. Anuncio • May 12
Holley Inc. Reaffirms Earnings Guidance for the Full Year 2023 Holley Inc. reaffirmed earnings guidance for the Full Year 2023. For the period, the company reaffirmed Net Sales in the range of $625 million - $675 million. Valuation Update With 7 Day Price Move • May 12
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to €2.34, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 9x in the Auto Components industry in Germany. Simply Wall St's valuation model estimates the intrinsic value at €2.10 per share. Valuation Update With 7 Day Price Move • Apr 20
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €2.30, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 9x in the Auto Components industry in Germany. Simply Wall St's valuation model estimates the intrinsic value at €2.34 per share. Valuation Update With 7 Day Price Move • Apr 03
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €2.50, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 8x in the Auto Components industry in Germany. Simply Wall St's valuation model estimates the intrinsic value at €2.30 per share. Valuation Update With 7 Day Price Move • Mar 16
Investor sentiment improves as stock rises 46% After last week's 46% share price gain to €2.68, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 8x in the Auto Components industry in Germany. Reported Earnings • Mar 10
Full year 2022 earnings released: EPS: US$0.63 (vs US$0.30 loss in FY 2021) Full year 2022 results: EPS: US$0.63 (up from US$0.30 loss in FY 2021). Revenue: US$688.4m (flat on FY 2021). Net income: US$73.8m (up US$100.9m from FY 2021). Profit margin: 11% (up from net loss in FY 2021). Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Auto Components industry in Germany. Valuation Update With 7 Day Price Move • Feb 10
Investor sentiment deteriorates as stock falls 38% After last week's 38% share price decline to €1.95, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 8x in the Auto Components industry in Germany. Anuncio • Feb 09
Holley Inc. to Report Q4, 2022 Results on Mar 09, 2023 Holley Inc. announced that they will report Q4, 2022 results at 9:30 AM, US Eastern Standard Time on Mar 09, 2023 Board Change • Jan 26
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. 1 experienced director. No highly experienced directors. Independent Chairman Matt Rubel is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.