Holley (HLLY)
NYSE:HLLY
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Earnings Data
Report Date
Aug 12, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.12Last Year’s EPS
0.09Same Quarter Last Year
Strong Buy
Based on 6 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call balanced near-term top-line pressures (Q1 sales down 3.7%, weather and distributor inventory effects, a negative Q1 free cash flow) with clear operational progress (adjusted EBITDA stability, margin expansion, $6.5M in cost savings), strategic actions (HRX acquisition, portfolio rebalancing expected to generate >$15M and 75–150 bps of margin expansion) and improving channel trends entering Q2 (April mid-single-digit growth). Given the company's maintained 2026 adjusted EBITDA guidance, active cash-generation and deleveraging plans, and visible early recovery in April, the positives around profitability, cost actions and strategic repositioning outweigh the short-term revenue headwinds.Company Guidance
Margin Resilience and EBITDA Stability
Adjusted EBITDA of $27.3M was essentially flat year-over-year while adjusted EBITDA margin expanded 71 basis points to 18.5%, demonstrating disciplined cost control despite lower revenue.
Net Income and Adjusted Net Income Improvement
Net income improved to $7.3M (up ~$4.4M vs. prior year) and adjusted net income rose to $5.7M from $2.6M, reflecting better bottom-line performance amid revenue pressure.
Material Cost Savings and Operational Gains
Delivered $6.5M of total cost savings in Q1 (including $3.8M purchasing & tariff savings and $2.7M operational improvements) and reported $3.8M purchasing/tariff and $2.7M operational benefits separately.
Progress on Strategic M&A and Portfolio Actions
Closed HRX acquisition (strategic fit in Safety division; company characterized bolt-on targets typically $5M–$10M revenue with double-digit growth) and restarted disciplined bolt-on M&A strategy targeting 5–10 deals over 24 months.
Portfolio Rebalancing Expected to Generate Cash and Margin Benefits
Announced portfolio/site optimization (exit ~5 brands, consolidate ~5 facilities, reduce ~100,000 sq ft warehouse, rationalize ~11,000 SKUs ~25% by count, and reduce workforce ~9%) expected to generate >$15M one-time net cash, expand adjusted EBITDA margin by ~75–150 bps, deliver at least $1M annualized benefits, ~0.15x leverage improvement and ~5% better inventory turns.
Division-Level Strength and Product Innovation
Three of four divisions reported growth: Safety & Racing +10.2%, Truck & Off-Road +3.8%, Euro & Import +1%. Introduced new engine swap solution packages and a Holley performance car care line with positive early reception.
Working Capital / Liquidity and Leverage Progress
Free cash flow improved year-over-year by ~$4.5M (Q1 FCF -$6.3M) and covenant net leverage improved to 3.84x (down 0.48x YoY) with plan to reach below 3.5x by year-end; cash on hand $33.1M with revolver drawn $10M (planned repayment).
Improving Channel Dynamics and Early Q2 Momentum
Company reported normalization of channel inventory and positive early Q2 trends, citing April growth in the mid-single-digits (Matt later noted April >6% growth) and maintained ~92% in-stock rate on top 2,500 SKUs.
HLLY Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
HLLY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 06, 2026 | $3.30 | $2.87 | -13.03% |
Mar 04, 2026 | $3.95 | $3.46 | -12.41% |
Nov 07, 2025 | $2.73 | $3.62 | +32.60% |
Aug 06, 2025 | $2.04 | $2.68 | +31.37% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Holley (HLLY) report earnings?
Holley (HLLY) is schdueled to report earning on Aug 12, 2026, Before Open (Confirmed).
What is Holley (HLLY) earnings time?
Holley (HLLY) earnings time is at Aug 12, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is HLLY EPS forecast?
HLLY EPS forecast for the fiscal quarter 2026 (Q2) is 0.12.