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Holley Inc. - HLLY STOCK NEWS

Welcome to our dedicated page for Holley news (Ticker: HLLY), a resource for investors and traders seeking the latest updates and insights on Holley stock.

Holley Inc. (HLLY) is a leading designer, marketer, and manufacturer of high-performance automotive aftermarket products. Based in Bowling Green, Kentucky, Holley has a storied history dating back to its roots in Michigan, where it became one of the major producers of carburetors. These carburetors were standard equipment on many Detroit-built automobiles and have powered everything from the original Ford Model A to World War II airplanes and the factory muscle cars of the 1960s.

In contemporary times, Holley has expanded its product range to include fuel injection systems, high-performance fuel pumps, intake manifolds, superchargers, nitrous oxide injection systems, and performance plumbing, among other items. Notably, Holley's state-of-the-art electronic fuel injection (EFI) systems have been adopted as the spec EFI system in NHRA Pro Stock, and its throttle bodies are still utilized in NASCAR Sprint Cup engines.

Holley's portfolio features iconic brands that serve a diverse car and truck industry, including Holley, APR, MSD, and Flowmaster. The company's products are designed to enhance vehicle performance in terms of horsepower, torque, and drivability for street, off-road, recreational, and competitive applications.

Recently, Holley has achieved several milestones and formed strategic partnerships to further innovation and expand its market reach. The company continues to drive forward with new projects focused on advancing automotive performance. Despite its extensive product diversification, Holley derives a significant portion of its revenue from the U.S. market, with additional contributions from Italy.

Holley's commitment to high-quality performance products ensures that it remains a trusted name in the automotive aftermarket industry. With its rich history and ongoing innovations, Holley Inc. continues to play a significant role in shaping the future of automotive performance.

For the latest updates and news about Holley Inc., including financial performance, recent events, and new developments, visit our website regularly.

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Holley Performance Brands appoints Jordon Musser as Senior Vice President of Safety and Electronics Product Categories to drive growth and expand its iconic safety brands. Musser will lead a global team to develop strategic growth plans for brands like Simpson®, Stilo®, and oversee electronic parts brands like Holley EFI®, MSD®, and more.
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Holley Performance Brands appoints Chet Baker as Senior Vice President of Sales to enhance customer focus in key vertical groupings. Baker, with over 40 years of sales experience, will lead the sales team to drive growth across Holley's brands.
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Holley Performance Products, Inc. (NYSE: HLLY) has been ordered by the United States District Court to disgorge $2,028,264.19 in net profits to Specialty Auto Parts U.S.A., Inc. following legal disputes over the misappropriation of trade dress. The disputes began 24 years ago and culminated in a breach of contract lawsuit in 2017, resulting in a judgment favoring Specialty Auto Parts U.S.A., Inc.
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Holley Performance Brands (NYSE: HLLY) announces the prepayment of $65 million in debt since September 2023, resulting in $2.5 million in annualized net interest savings. The company utilized strong free cash flow to reduce leverage and improve its balance sheet.
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Holley Performance Brands appoints Charlie Taylor and Will Robbins to lead digital and consumer product strategy, aiming to enhance customer experience and drive growth in the automotive aftermarket industry.
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Holley Inc. announces strategic evolution to Holley Performance Brands to expand influence and enhance presence in automotive aftermarket sector. The company aims to accelerate growth and innovation by categorizing its offerings into targeted vertical groupings.
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Holley Performance Brands (NYSE: HLLY) announces its 2024 schedule of experiential marketing events, showcasing its commitment to serving customers in various aftermarket verticals. The events aim to engage 500,000 enthusiasts and customers, reflecting Holley's transformation into a global leader in high-performance automotive solutions.
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APR, a Holley Performance Brand, launches APR Ultralink, an at-home flash-tuning software platform for European vehicles. The software provides flexibility, speed, and convenience in performance tuning, marking a significant shift in vehicle tuning. APR Ultralink streamlines the tune installation process, giving enthusiasts greater control over tuning their vehicles. The software supports popular European-brand makes and offers over 10,000 high-performance tunes. APR Ultralink is available in the U.S. and Canada for a MAP of US$129.95 (CAD$174.13) per device.
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Holley Inc. (HLLY) reported a Year Over Year Fourth Quarter Net Income Improvement of $16.4 million and Adjusted EBITDA Growth of 89%. The company achieved strong cash generation, debt reduction, and provided guidance for Q1 and full year 2024. Highlights include increased net sales and gross profit, reduced net leverage, and significant operational improvements.
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Holley Inc. announces the release date for its fourth quarter and full year 2023 financial results, with a conference call scheduled for February 28, 2024, featuring President Matthew Stevenson and CFO Jesse Weaver.
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FAQ

What is the current stock price of Holley (HLLY)?

The current stock price of Holley (HLLY) is $2.76 as of November 15, 2024.

What is the market cap of Holley (HLLY)?

The market cap of Holley (HLLY) is approximately 329.4M.

What products does Holley Inc. offer?

Holley Inc. offers fuel injection systems, performance fuel pumps, intake manifolds, superchargers, nitrous oxide injection systems, and performance plumbing, among other high-performance automotive products.

Where is Holley Inc. headquartered?

Holley Inc. is headquartered in Bowling Green, Kentucky.

What is the historical significance of Holley Inc.?

Holley Inc. has a rich history, originally based in Michigan and becoming a major producer of carburetors. These powered everything from the Ford Model A to WWII airplanes and 1960s muscle cars.

Which racing series utilize Holley products?

NASCAR Sprint Cup engines use Holley throttle bodies, and Holley's EFI systems are the spec in NHRA Pro Stock.

What brands are under Holley Inc.?

Holley's portfolio includes iconic brands such as Holley, APR, MSD, and Flowmaster.

How does Holley Inc. generate revenue?

Holley Inc. generates significant revenue from the U.S. market, with additional contributions from Italy.

What is Holley's commitment to the automotive industry?

Holley is committed to producing high-quality performance products that enhance vehicle performance in terms of horsepower, torque, and drivability.

How can I stay updated on Holley Inc.'s latest news?

You can stay updated on Holley Inc.'s latest news by regularly visiting their official website.

What types of vehicles benefit from Holley's products?

Holley's products enhance the performance of street, off-road, recreational, and competitive vehicles.

Who are Holley Inc.'s primary customers?

Holley Inc.'s primary customers are automotive enthusiasts and professional racers looking to enhance vehicle performance.

Holley Inc.

NYSE:HLLY

HLLY Rankings

HLLY Stock Data

329.39M
119.80M
2.98%
89.05%
2.02%
Auto Parts
Motor Vehicle Parts & Accessories
Link
United States of America
BOWLING GREEN