News & Videos - HOLLEY INC.

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....

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...

Holley Inc. (NYSE: HLLY ), the leading platform serving performance automotive enthusiasts, today announced the date for the release of its first quarter 2023 financial results. First Quarter 2023 Results Holley will host a conference call and live webcast on Thursday, May 11, 2023, at 8:30 am (Eastern Time) to discuss the Company’s first quarter 2023 financial results. The Company’s earnings release for the first quarter 2023 will be issued before the market opens on Thursday, May 11, 2023,...

Holley Inc. (NYSE: HLLY), the leading platform serving performance automotive enthusiasts, today announced that senior management will participate in the D.A. Davidson 6th Annual Consumer Growth Conference on Tuesday, March 21, 2023. Management will be participating in a fireside chat from 2:00 PM ET to 2:30 PM ET, hosted by D.A. Davidson analyst, Matthew Hayes, and will be conducting one-on-one meetings with investors in attendance at the conference. Interested parties can access a live webcast...

Holley Inc. (NYSE: HLLY), the leading platform serving performance automotive enthusiasts, today announced that senior management will participate in the Bank of America 2023 Consumer & Retail Conference on Tuesday, March 14, 2023. Management will be participating in a fireside chat from 9:40 AM ET to 10:20 AM ET, hosted by Bank of America analyst, Alex Perry, and will be conducting one-on-one meetings with investors in attendance at the conference. Interested parties can access a live webcast...

Holley Inc. (NYSE: HLLY), the leading platform serving performance automotive enthusiasts, today announced financial results for its fourth quarter and full year ended December 31, 2022. Full Year 2022 Highlights vs. Prior Year Period Net Sales decreased 0.6% to $688.4 million in 2022 compared to $692.9 million in 2021 Gross Profit decreased 11.6% to $253.7 million in 2022 compared to $286.8 million in 2021 Net Income of $73.8 million, or $0.14 per diluted share, in 2022 compared to a Net Loss...

Holley Inc. (NYSE: HLLY ), the leading platform serving performance automotive enthusiasts, today announced the date for the release of its fourth quarter and full year 2022 financial results. Fourth Quarter and Full Year 2022 Results Holley will host a conference call and live webcast on Thursday, March 9, 2023, at 8:30 am (Eastern Time) to discuss the Company’s fourth quarter and full year 2022 financial results. The Company’s earnings release for the fourth quarter and full year 2022 will...

Holley Inc. (NYSE: HLLY), the leading platform serving performance automotive enthusiasts, today announced that Tom Tomlinson will retire as President and Chief Executive Officer (“CEO”) and resign from the Board. 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. The search will be conducted with the assistance of Heidrick & Struggles, who was retained by the Board in...

Holley Inc. (NYSE: HLLY), the leading platform serving performance automotive enthusiasts, today announced the appointment of Jesse Weaver as the Company’s Chief Financial Officer. 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. Mr. Weaver, who has nearly 20 years of experience in finance, strategy, and...

Holley Inc. (NYSE: HLLY), the leading platform 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 decreased 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...

Holley Inc. (NYSE: HLLY), the leading platform serving performance automotive enthusiasts, today announced the appointment of Brian Appelgate, an industry veteran and operating leader with decades of experience leading teams in the performance automotive aftermarket, to Interim Chief Operating Officer (COO). Mr. Appelgate, who has advised Holley since 2018 as Head of Mergers and Acquisitions, will further align Holley’s operations in support of the Company’s highest priorities and largest...

Holley Inc. (NYSE: HLLY ), the largest and fastest growing platform in the enthusiast branded performance automotive aftermarket category, today announced the date for the release of its third quarter 2022 financial results. Third Quarter 2022 Results Holley will host a conference call and live webcast on Monday, November 14, 2022, at 4:30 p.m. (Eastern Time) to discuss the Company’s third quarter 2022 financial results. The Company’s earnings release for the third quarter 2022 will be...

Holley Inc. (NYSE: HLLY), the largest and fastest growing platform serving performance automotive enthusiasts, today announced financial results for its second quarter ended July 3, 2022. Second Quarter Highlights vs. Prior Year Period Net Sales decreased 7.1% to $179.4 million compared to $193.0 million in the prior year’s second quarter Gross Profit decreased 7.3% to $75.3 million compared to $81.2 million in the prior year’s second quarter Net Income of $40.6 million, or $0.35 per diluted...