Holley Performance Brands slightly misses Q2 sales estimates, reiterates 2026 guidance
HLLY•Outlook
- Holley reiterates 2026 core business net sales guidance of $610 mln to $640 mln
- Company maintains 2026 adjusted EBITDA outlook at $127 mln to $137 mln
- Holley expects to finish 2026 with leverage ratio below 3.5x
Q2 results
- Automotive aftermarket supplier's Q2 net sales rose 3.2%, slightly missing analyst expectations
- Company posted net loss on $28.3 mln loss from sale of non-core assets
- Repurchased $2 mln of shares and continued portfolio rebalancing through divestitures
| Metric | Beat/Miss | Actual | Consensus Estimate |
| Q2 Sales | Slight Miss* | $172.007 mln | $172.63 mln (9 Analysts) |
| Q2 Loss Per Share | $0.02 | ||
| Q2 Net Loss | $2.43 mln | ||
| Q2 Gross Profit | $70.54 mln | ||
| Q2 Loss Per Basic Share | $0.02 | ||
| Q2 Operating Income | $2.77 mln | ||
| Q2 Pretax Loss | $3.63 mln |
*Applies to a deviation of less than 1%; not applicable for per-share numbers.
Result drivers
- - Co said three of four business segments delivered year-over-year core growth, driven by new retailer placements and product launches
