Holley Inc. (HLLY) Misses Q1 EPS by 2c

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Go back to Holley Inc. (HLLY) Misses Q1 EPS by 2c

Holley Reports First Quarter 2022 Results

May 12, 2022 7:30 AM EDT

Strength in consumer demand drives 25% year-over-year sales growth

Company reaffirms full year 2022 outlook

BOWLING GREEN, Ky.--(BUSINESS WIRE)-- Holley Inc. (NYSE: HLLY), the largest and fastest growing platform serving performance automotive enthusiasts, today announced financial results for its first quarter ended April 3, 2022.

First Quarter Highlights vs. Prior Year Period

Net Sales increased 24.8% to $200.1 million compared to $160.3 million in 2021 Gross Profit increased 25.9% to $82.7 million compared to $65.7 million last year Net... More