Holley IncHLLY
▲ PositiveCapitalrelevance
Adjusted net income more than doubled and leverage improved to lowest in four years, though EBITDA fell on tariff costs.
Impact on stocks 1
Consumer Discretionary
Holley IncHolley reported second quarter 2026 net sales of $172 million, up 3.2% from $166.7 million a year earlier, with core business net sales growing 4.9% after excluding portfolio rebalancing and divestitures. Adjusted net income more than doubled to $24 million from $10.6 million, while adjusted EBITDA fell to $33.8 million from $36.4 million, reflecting tariff costs and fixed cost deleverage. Free cash flow rose $5.2 million to $40.9 million, and the company's leverage ratio improved to 3.74x, its lowest in four years. Management reaffirmed full-year core revenue guidance of $610 million to $640 million and adjusted EBITDA of $127 million to $137 million, citing $12 million in new national retailer placements and a strong product pipeline for the second half.
Holley IncAdjusted net income more than doubled and leverage improved to lowest in four years, though EBITDA fell on tariff costs.