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HLLY
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Holley Reports Fourth Quarter and Full Year 2024 Results; Transformative Year Begins to Ignite Growth Across Key Business Areas

1. HLLY reported a 10.1% decline in net sales to $140.1 million. 2. The company experienced a net loss of $37.8 million in Q4 2024.

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FAQ

Why Very Bearish?

The substantial drop in sales and a shift from profit to loss are detrimental. Historical downturns often lead to market sell-offs, as seen with other firms facing similar earnings results.

How important is it?

The reported losses and sales decline are critical indicators for investors. Such financial metrics are key considerations for market confidence and future investments.

Why Short Term?

Immediate financial performance indicators typically influence stock prices quickly. Investors may react strongly to the quarterly results, impacting HLLY in the near term.

Related Companies

BOWLING GREEN, Ky.--(BUSINESS WIRE)--Holley Performance Brands (NYSE: HLLY), a leader in automotive aftermarket performance solutions, today announced financial results for its fourth quarter and full year ended December 31, 2024. Fourth Quarter Highlights vs. Prior Year Period Net Sales decreased (10.1%) to $140.1 million compared to $155.7 million last year Net Loss was $(37.8) million, or $(0.32) per diluted share, compared to a Net Income of $1.2 million, or $0.01 per diluted share, last ye.

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