Holley Performance Brands' Q3 sales beat; raises FY 2025 revenue guidance

Holley

07/11/2025 12:40

Overview

Holley Q3 net sales rose 3.2% yr/yr, beating analyst expectations

Adjusted EPS for Q3 missed analyst expectations

Company reduced leverage ratio to 3.9x, lowest since 2022

Outlook

Holley raises full-year 2025 revenue guidance to $590 - $605 mln

Holley expects 2025 adjusted EBITDA between $120 mln and $127 mln

Company anticipates capital expenditures of $10 - $14 mln for 2025

Result Drivers

CORE BUSINESS GROWTH - Holley reported a 6.4% increase in core business net sales for Q3, marking the third consecutive quarter of growth

VOLUME AND PRICING - Growth fueled by over 4% volume gains and ~1% pricing benefit, reflecting healthy demand and disciplined execution

FINANCIAL DISCIPLINE - Improved free cash flow and debt repayment reduced leverage ratio to 3.9x, the lowest since 2022

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Sales
Beat
$138.37 mln
$132.36 mln (8 Analysts)
Q3 Adjusted EPS
Miss
$0.03
$0.05 (7 Analysts)
Q3 EPS
-$0.01
Q3 Net Income
-$806,000
Q3 Basic EPS
-$0.01
Q3 Gross Profit
$59.84 mln
Q3 Operating Income
$15.87 mln
Q3 Pretax Profit
$463,000


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", 2 "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 $3.75, about 27.2% above its November 6 closing price of $2.73

The stock recently traded at 8 times the next 12-month earnings vs. a P/E of 8 three months ago

Press Release: ID:nGNX82W4N6

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(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.)