Holley Inc. Q1 Sales Decline to $1.8B
Ticker: HLLY-WT · Form: 10-Q · Filed: May 7, 2025 · CIK: 1822928
| Field | Detail |
|---|---|
| Company | Holley INC. (HLLY-WT) |
| Form Type | 10-Q |
| Filed Date | May 7, 2025 |
| Risk Level | medium |
| Sentiment | bearish |
Sentiment: bearish
Topics: earnings, revenue-decline, financials
TL;DR
Holley Inc. Q1 sales down to $1.8B from $2.0B. Watch out.
AI Summary
Holley Inc. reported first quarter 2025 results ending March 30, 2025. The company's net sales for the quarter were $1,803,000,000, a decrease from $2,026,000,000 in the same period of the prior year. The filing also details changes in common stock and warrant values, with common stock outstanding at 119,082,657 shares and warrants outstanding at 600,000.
Why It Matters
This filing indicates a significant drop in Holley Inc.'s revenue for the first quarter of 2025, which could impact investor confidence and future financial performance.
Risk Assessment
Risk Level: medium — The reported decline in net sales suggests potential challenges in the company's market performance or operational efficiency.
Key Numbers
- $1.8B — Q1 2025 Net Sales (Represents a decrease compared to the prior year period.)
- $2.0B — Q1 2024 Net Sales (Prior year period for comparison.)
- 119,082,657 — Common Stock Shares Outstanding (Indicates the total number of shares available.)
Key Players & Entities
- Holley Inc. (company) — Filer of the 10-Q report
- 20250330 (date) — End of the reporting period
- $1,803,000,000 (dollar_amount) — Net sales for Q1 2025
- $2,026,000,000 (dollar_amount) — Net sales for Q1 2024
- 119,082,657 (dollar_amount) — Number of common stock shares outstanding
- 600,000 (dollar_amount) — Number of warrants outstanding
FAQ
What was Holley Inc.'s net sales for the first quarter of 2025?
Holley Inc.'s net sales for the first quarter of 2025, ending March 30, 2025, were $1,803,000,000.
How do Holley Inc.'s Q1 2025 net sales compare to Q1 2024?
Holley Inc.'s Q1 2025 net sales of $1,803,000,000 decreased from $2,026,000,000 in the same period of 2024.
What is the number of common stock shares outstanding for Holley Inc. as of the reporting period?
As of the reporting period ending March 30, 2025, Holley Inc. had 119,082,657 shares of common stock outstanding.
How many warrants were outstanding for Holley Inc. at the end of Q1 2025?
Holley Inc. had 600,000 warrants outstanding as of the end of the first quarter of 2025.
What was Holley Inc.'s former company name?
Holley Inc.'s former company name was Empower Ltd., with a date of name change on 20200828.
Filing Details
This Form 10-Q (Form 10-Q) was filed with the SEC on May 7, 2025 regarding Holley Inc. (HLLY-WT).