Holley(NYSE) HLLY

Holley Inc. helps car enthusiasts make their vehicles faster and safer. The company makes parts that improve engine power and vehicle control. These products serve people who build, race, or customize vehicles.

The Performance Parts Menu

• Fuel and Engine: Systems such as fuel injection, carburetors, and superchargers that manage how a vehicle burns fuel.
• Exhaust and Ignition: Components including headers, mufflers, and tuners that help engines produce more power efficiently.
• Drivetrain Solutions: Parts such as shifters, converters, and transmission kits that move power to the wheels.
• Chassis and Safety: Equipment including wheels, suspension parts, helmets, and seat belts to protect drivers and improve control.
• Control Electronics: Advanced monitoring systems and software used to manage complex vehicle performance settings.

Trimming the Brand Tree

• Acquired HRX, an Italian motorsports brand, in March 2026 to expand into professional racewear.
• Purchased a perpetual license agreement for Cataclean in Jan. 2025 to broaden its cleaning product offerings.
• Sold the ADS, Speartech, and Drake Brands during the 26-week period ended June 28, 2026, to focus on high-profit businesses.
• Launched a portfolio rebalance initiative to reinvest in strategic areas that align with current corporate priorities.

Innovation Without Borders

Holley maintains a multi-channel distribution network that reaches major markets across the United States, Canada, Europe, and China. The company uses a strategy of combining internal product innovation with targeted acquisitions to enter new performance categories.

A Look at the Numbers

• Net sales rose 3.2% to $172.0 million for the 13-week period ended June 28, 2026.
• Operating income fell 89.9% to $2.8 million for the 13-week period ended June 28, 2026.
• The company received approximately $11.1 million in tariff refunds during the 26-week period ended June 28, 2026.
• Free cash flow was $40.9 million for the 13-week period ended June 28, 2026, compared to $35.7 million in the prior year period.
• Total outstanding debt was $527.7 million as of June 28, 2026.

Holley's Modern Evolution

Holley is shifting its focus by divesting lower-margin brands while acquiring specialist performance labels. This transition aims to streamline operations and prioritize high-growth segments within the automotive enthusiast market.