Holley reports Q2 EPS 9c, consensus 9c

Reports Q2 revenue $166.7M, consensus $162.67M. “We are very pleased with another solid quarter, driven by continued momentum in our core business,” said Matthew Stevenson, President and Chief Executive Officer of Holley (HLLY). “Our team remains focused on executing on our strategic framework, with key progress made in the second quarter. We continue to see strong momentum in our new product launches across all categories in the second quarter which generated roughly $8 million in new product revenue. We are continuing to strengthen our partnerships with B2B customers of all sizes, driving meaningful growth across both our B2B and direct-to-consumer channels. Our ability to grow our core business is supported by strong validation of our product innovation and go-to-market strategy.”