Holley's Q2 sales beat estimates

Holley

06/08/2025 12:45

Overview

Holley Q2 net sales fell 1.7% yr/yr, but core sales grew 3.9%

Adjusted EPS missed analyst expectations, per LSEG data

Co achieved highest free cash flow in company history

Outlook

Holley forecasts full-year 2025 net sales of $580 - $595 mln

Company expects full-year 2025 adjusted EBITDA of $116 - $127 mln

Holley anticipates negligible tariff impact due to strategic sourcing

Company projects full-year 2025 capital expenditures of $10 - $14 mln

Result Drivers

CORE SALES GROWTH - Core business net sales increased by 3.9% due to strategic initiatives and product innovation

TARIFF MITIGATION - Successful tariff mitigation through strategic sourcing and pricing actions, providing better guidance visibility

CHANNEL EXPANSION - Strengthened B2B and direct-to-consumer channels, contributing to revenue growth

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Sales
Beat
$166.66 mln
$162.70 mln (8 Analysts)
Q2 Adjusted EPS
Miss
$0.09
$0.1 (7 Analysts)
Q2 EPS
$0.09
Q2 Net Income
$10.86 mln
Q2 Basic EPS
$0.09
Q2 Gross Profit
$69.56 mln
Q2 Operating Income
$27.51 mln
Q2 Pretax Profit
$14.37 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the auto, truck & motorcycle parts peer group is "buy"

Wall Street's median 12-month price target for Holley Inc is $3.00, about 32% above its August 5 closing price of $2.04

The stock recently traded at 7 times the next 12-month earnings vs. a P/E of 7 three months ago

Press Release: ID:nGNX9v4kkJ

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)