HOLLEY INC. overview

LOS ANGELES, CA / ACCESSWIRE / November 29, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Holley Inc. f/k/a Empower Ltd. ("Holley" or "the Company") (NYSE:HLLY) for violations of 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between July 21, 2021 and February 6, 2023,...

LOS ANGELES, CA / ACCESSWIRE / November 14, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Holley Inc. f/k/a Empower Ltd. ("Holley" or "the Company") (NYSE:HLLY) for violations of 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between July 21, 2021 and February 6, 2023,...

Holley Inc. (NYSE: HLLY), a leading platform serving performance automotive 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 versus $75.3 million last year, and gross margin was 39.8% versus 42.0% last year Net Income was $13.0 million, or $0.11 per diluted share, compared to $40.6...

Holley Inc. (NYSE: HLLY), a leading platform serving performance automotive enthusiasts, today announced the launch of its Sniper 2 electronic fuel injection (Sniper 2 EFI), a self-tuning, easy-to-install, EFI conversion for common 4-barrel style carburetors. Sniper 2 EFI represents the next evolution of the Company’s large and fast-growing Sniper product line, which was first introduced in 2016 and brought modern Electronic Fuel Injection (EFI) to factory equipped carbureted vehicles. Sniper...

Holley Inc. (NYSE: HLLY ), the leading platform serving performance automotive enthusiasts, today announced the date for the release of its second quarter 2023 financial results. Second Quarter 2023 Results Holley will host a conference call and live webcast on Thursday, August 10, 2023, at 8:30 am (Eastern Time) to discuss the Company’s second quarter 2023 financial results. The Company’s earnings release for the second quarter 2023 will be issued before the market opens on Thursday, August...

Holley Inc. (NYSE: HLLY), a leading platform serving performance automotive enthusiasts, today announced that senior management will participate in the Jefferies Automotive Aftermarket Private and Public Company Investor Conference on Thursday, May 25, 2023. Management will host a presentation and will be conducting one-on-one meetings with investors in attendance at the conference. The presentation materials will be posted on the Investor Relations section of the Company’s website at...

Holley Inc. (NYSE: HLLY), a leading platform serving performance automotive enthusiasts, today announced the grant of inducement equity awards to Matthew Stevenson, Holley’s newly appointed President and Chief Executive Officer. The inducement equity awards consist of (i) 1,000,000 time-vesting restricted stock units (“RSUs”), which will vest ratably in one-fourth increments on each of the first four anniversaries following the date of grant, and (ii) 1,520,000 performance-based stock...

Holley Inc. (NYSE: HLLY), a leading platform serving performance automotive enthusiasts, today announced the appointment of Matthew Stevenson as the Company’s new President and Chief Executive Officer (CEO). On June 6, 2023, he will replace Interim President and Chief Executive Officer, Michelle Gloeckler, who will be remaining with Holley as a member of the Board. Mr. Stevenson joins Holley from Blue Bird Corporation (NASDAQ: BLBD), where he served as President and Chief Executive Officer....