Holley shares sink after full-year sales outlook cut

7 articles · Updated · MarketWatch · May 6

The stock fell 19% to $2.68 premarket after Holley lowered 2026 sales guidance to $610 million-$640 million from $625 million-$655 million.
First-quarter sales dropped 3.7% to $147.3 million, missing estimates, while adjusted earnings were 5 cents a share versus analysts' 6-cent expectation.
Holley blamed elevated distributor inventories and severe winter weather, though executives said inventory levels and order activity improved through the quarter and into the second quarter.

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