Holley Inc. (HLLY) Misses Q1 EPS by 2c
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Holley Reports First Quarter 2022 Results
May 12, 2022 7:30 AM EDTStrength 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