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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.

News

Holley Performance Brands Set to Engage Nearly Half Million High-Performance Enthusiasts During Exciting 2024 Event Season

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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 Unveils Ultralink Platform for European Vehicle Performance Tuning

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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 Reports Fourth Quarter and Full Year 2023 Results; Early Stages of Transformation Yielding Positive Year-Over-Year Improvement in Q4 Profitability

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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. to Release Fourth Quarter and Full Year 2023 Results on February 28, 2024

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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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Holley Names Philip Dobbs Senior Vice President of Customer Experience Marketing

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Holley Inc. (NYSE: HLLY) announced the appointment of Philip Dobbs as the Senior Vice President of Customer Experience Marketing. Dobbs will lead customer engagement, digital strategy, and brand focus across Holley’s automotive aftermarket verticals, aiming to strengthen the company's go-to-market strategy and deepen customer focus. With three decades of experience in marketing leadership, Dobbs is expected to provide the best brand, product, and service engagements for B2B and B2C touchpoints.
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Holley Announces Additional $25 Million Debt Paydown

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Holley Inc. (NYSE: HLLY) has paid down an additional $25 million in principal against its first lien term loan facility, reducing the principal amount outstanding by $50 million since September 2023. This move is expected to result in up to an estimated $2 million in annualized net interest savings. Holley is committed to further reducing its leverage over the next 12 months.
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Holley’s Robust Portfolio of Safety Solutions on Display at PRI 2023

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Holley Inc. (NYSE: HLLY) showcases its commitment to motorsports safety at the Performance Racing Industry (PRI) 2023 tradeshow. The company's Stilo, Simpson, HANS, and RaceQuip brands offer a range of safety products for racing enthusiasts. Holley also emphasizes its strategic partnerships with the NHRA's Factory X series, serving as the title sponsor for the second season.
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Holley Reports Third Quarter 2023 Results

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Holley Inc. (NYSE: HLLY) announced strong Q3 2023 financial results, with net sales up 1.1% to $156.5 million, gross profit up 20.6% to $58.4 million, and net income at $0.8 million. The company also reported significant improvements in operational metrics and a revised outlook for 2023 with increased net sales and adjusted EBITDA guidance ranges.
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Celebrity Kevin Hart Partners with Holley’s Detroit Speed & Engineering For Pro-Touring Restoration

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Holley Inc. and Detroit Speed & Engineering unveil Kevin Hart's custom rebuilt 1969 Pontiac GTO at SEMA. The project involved transforming the classic muscle car into a pro-touring masterpiece. The vehicle debuted at SEMA Monday Reveal and is on display at Holley's SEMA booth (#22463).
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Holley’s New Market Segment Strategy Takes Center Stage at SEMA 2023

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Holley Inc. is returning to the SEMA show with a new approach focused on reaching customers in multiple aftermarket segments. They will showcase a wide array of aftermarket solutions including electronic fuel injection technology, wireless Bluetooth tuner, turbo with software upgrades, and active valve axle-back exhaust. Holley's EV solutions will also be on display. SEMA 2023 will take place from October 31-November 3.
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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 December 20, 2024.

What is the market cap of Holley (HLLY)?

The market cap of Holley (HLLY) is approximately 327.0M.

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.

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Holley Inc.

NYSE:HLLY

HLLY Rankings

#3443 Ranked by Market Cap
N/A Ranked by Dividends

HLLY Stock Data

327.03M
59.94M
2.98%
88.68%
1.77%
Auto Parts
Motor Vehicle Parts & Accessories
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United States of America
BOWLING GREEN