24/7 Market News Snapshot 06 August, 2025 – Holley Inc. (NYSE:HLLY)
DENVER, Colo., 06 August, 2025 (www.247marketnews.com) – (NYSE:HLLY) are discussed in this article.
Holley Inc. (HLLY) is witnessing a notable rise in its stock, opening today at $2.11 and climbing to $2.465, an impressive increase of over 20.83%. This surge follows its previous close of $2.04 and is indicative of heightened interest among traders, as evidenced by a current trading volume of 888.73K shares. Analysts observe strong support levels forming in the stock charts, suggesting that this momentum may lead to further gains in the near future.
In conjunction with this stock performance, Holley Performance Brands reported solid financial results for the second quarter of 2025, maintaining its position as a key player in the automotive aftermarket sector. The company announced net sales of $166.7 million, which reflects a slight year-over-year decline of 1.7%. However, excluding non-core business segments, core net sales rose by 3.9%, highlighting the resilience of Holley’s primary operations amid challenging market conditions.
Further illustrating its operational success, Holley recorded a net income of $10.9 million, or $0.09 per diluted share. The company also saw net cash provided by operating activities increase to $40.5 million, a substantial jump from $25.7 million in the prior year, along with a historic free cash flow of $35.7 million.
CEO Matthew Stevenson expressed confidence in the company’s strategic execution, noting that new product launches contributed approximately $8 million in revenue over the quarter. He emphasized Holley’s proactive approach in refining its full-year forecast for revenue and adjusted EBITDA while addressing potential impacts from newly implemented tariffs through effective sourcing and pricing strategies.
With a strong focus on product innovation and strategic partnerships, Holley Performance Brands is well-positioned to drive growth and enhance the experience for automotive enthusiasts across its diverse lineup of established brands.