HLLY

EX-99.1

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EX-99.1

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Exhibit 99.1

PRESS RELEASE

1A Burton Hills Blvd, Suite 240 Nashville, TN 37215 Holley.com

HOLLEY REPORTS SECOND QUARTER 2026 RESULTS

DOUBLE-DIGIT CORE GROWTH IN THREE OF FOUR DIVISIONS

RETURN TO NET SALES GROWTH REFLECTS STRENGTH ACROSS THE BUSINESS

LEVERAGE RATIO LOWEST LEVEL IN THE LAST FOUR YEARS

Advancing Portfolio Rebalancing Initiative to Enhance Focus, Simplify Operations, and Support Second-Half 2026 Performance

Nashville, TN. – August 5, 2026 – Holley Performance Brands (NYSE: HLLY), a leader in automotive aftermarket performance solutions, today announced financial results for its second quarter ended June 28, 2026.

Second Quarter Highlights vs. Prior Year Period

•Net Sales grew 3.2% to $172.0 million compared to $166.7 million last year

•Core business net sales1 grew by 4.9% after excluding portfolio divestitures and portfolio rebalancing initiative.

•Net Loss was $(2.4) million, or $(0.02) per diluted share, compared to Net Income of $10.9 million, or $0.09 per diluted share, last year

•Includes a $28.3 million loss on the sale of non-core assets related to the Company's portfolio rebalancing initiative.

•Net Cash Provided by Operating Activities was $47.1 million compared to $40.5 million last year

•Adjusted Net Income2 was $24.0 million compared to $10.6 million last year

•Adjusted EBITDA2 was $33.8 million compared to $36.4 million last year

•Adjusted EBITDA margin1 was 19.6% compared to 21.9% last year

•Free Cash Flow2 was $40.9 million compared to $35.7 million last year

1Core business net sales excludes sales of divested businesses and the portfolio rebalancing initiative.

2See “Use and Reconciliation of Non-GAAP Financial Measures” below.

“Our second quarter results reflect positive core growth and continued execution against the strategic priorities we outlined earlier this year, with three of our four business segments delivering year-over-year core growth,” said Matthew Stevenson, President and Chief Executive Officer of Holley.

Stevenson continued, “We believe we are entering the second half of the year with solid momentum, supported by new national retailer placements, a healthy cadence of product innovation, and several important launches slated for the coming months. At the same time, we have reinvigorated our marketing calendar with a greater focus on brand activation and enthusiast engagement, helping to strengthen awareness and demand across our portfolio.

“During the quarter we completed the sale of our non-core Restoration brands, including Scott Drake and Brothers Trucks, a step that further reduces complexity and enables us to concentrate resources on our highest-priority growth opportunities. We remain focused on disciplined execution and believe the actions we have taken position Holley for continued progress in the periods ahead.”

Jesse Weaver, Chief Financial Officer of Holley, added, “The second quarter showcased our continued focus on cash generation, balance sheet improvement, and disciplined capital allocation. Our underlying operating performance was stronger than the year-over-year Adjusted EBITDA comparison suggests: the prior-year quarter included a one-time, non-cash benefit from the capitalization of tariff costs that did not repeat this year, and adjust for that item, we believe Adjusted EBITDA performance was approximately flat year-over-year. We generated strong free cash flow in the quarter and year-to-date, which enabled us to continue making progress on our capital priorities.

"During the quarter, we repurchased approximately $2.0 million of our common stock, reflecting our confidence in the long-term value of the business. Following a $15.0 million voluntary debt prepayment made after quarter-end, we have now reduced debt by $115.0 million through voluntary prepayments since September 2023. Combined with our strong cash generation, these actions contributed to another quarter of leverage reduction helping us maintain progress towards finishing the year below our targeted leverage ratio of 3.5x.

"Based on our first-half performance and the opportunities we see in the second half of the year, we are reiterating our full-year guidance and remain focused on delivering sustainable value for our shareholders."

Strategic Business Highlights and Recent Events

•27 brands delivered growth across DTC and B2B channels.

•Generated $40.9 million of free cash flow and remain on track for year-end leverage below 3.5x.

•Long Term Strategic initiatives drove $13.4 million in revenue and delivered $8.3 million in cost savings.

•Realigned marketing to strengthen consumer engagement and brand activation.

•Repurchased ~$2.0 million of shares, reinforcing confidence in our long-term value creation.

•Continued portfolio rebalancing through the divestiture of the non-core Restoration brands.

•Reduced debt by an additional $15.0 million, bringing total debt reduction to $115.0 million since Se

EX-99.1

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EX-99.1

Document

Exhibit 99.1

PRESS RELEASE

1A Burton Hills Blvd, Suite 240 Nashville, TN 37215 Holley.com

HOLLEY REPORTS FIRST QUARTER 2026 RESULTS

GROWTH IN THREE OF FOUR DIVISIONS & IMPROVEMENTS IN MULTIPLE KEY FINANCIAL METRICS

FIRST QUARTER NET INCOME OF $7.3 MILLION, UP $4.4 MILLION YEAR-OVER-YEAR

FIRST QUARTER ADJUSTED EBITDA MARGIN EXPANSION TO 18.5%, UP 71 BPS YEAR-OVER-YEAR

Disciplined Cost Control Supports Resilient First Quarter Profitability

Portfolio Optimization Initiative Expected to Improve Margin by Exiting Non-Value Added Businesses

Nashville, TN. – May 6, 2026 – Holley Performance Brands (NYSE: HLLY), a leader in automotive aftermarket performance solutions, today announced financial results for its first quarter ended March 29, 2026.

First Quarter Highlights vs. Prior Year Period

•Net Sales was $147.3 million compared to $153.0 million last year

•Net Income was $7.3 million, or $0.06 per diluted share, compared to $2.8 million, or $0.02 per diluted share, last year

•Net Cash Used in Operating Activities was $2.9 million compared to $7.8 million last year

•Adjusted Net Income1 was $5.7 million compared to $2.6 million last year

•Adjusted EBITDA1 was $27.3 million compared to $27.3 million last year

•Adjusted EBITDA margin1 was 18.5% compared to 17.8% last year

•Free Cash Flow1 was $(6.3) million compared to $(10.8) million last year

1See “Use and Reconciliation of Non-GAAP Financial Measures” below.

“We delivered first quarter net sales of $147.3 million and Adjusted EBITDA of $27.3 million, reflecting resilient profitability and disciplined execution,” said Matthew Stevenson, President and Chief Executive Officer of Holley.

“As noted on our prior earnings call, the first quarter began with several temporary headwinds. Distributor inventory levels were elevated entering the period, and while normalization was expected through improved sell-through, severe winter weather in late January and early February 2026 disrupted retail activity.

That said, from week eight onward, we saw steady improvement in purchasing patterns and exited the quarter on improved footing. Margins remained strong in the first quarter of 2026, reflecting proactive tariff management and operating efficiency. We are maintaining that focus, prioritizing cost control and advancing our portfolio optimization initiative, which we expect to support performance over time, while continuing to invest in innovation, deepen our connection with enthusiasts, and compete to gain share.

Strategically, we continued to execute against the framework established in 2025, centered on simplifying the portfolio, strengthening core franchises, and enhancing operating discipline. The acquisition of HRX, a targeted bolt-on that expands our racewear capabilities and deepens our European motorsports presence, marks the reengagement of our M&A strategy, and we remain focused on pursuing additional opportunities that meet our criteria. We believe that the actions we have taken over the past year position us to improve execution and strengthen the business over time.”

Jesse Weaver, Chief Financial Officer of Holley, added, “Early trends in the second quarter indicate healthier inventory levels at our distribution partners and improving order activity, which we believe position us better for the balance of the year. Through our portfolio optimization initiative, we are exiting non-core, low- to no-profit businesses while reinvesting in targeted M&A, as reflected in our acquisition of HRX. Although these portfolio adjustments reduce our full-year revenue outlook by $15 million, our outlook for the core business remains intact, and we expect the net impact on Adjusted EBITDA from the portfolio optimization to be slightly positive. At the same time, our portfolio adjustments are expected to reduce SKUs by more than 11,000, lower operating complexity, improve working capital efficiency, and generate more than $15 million in incremental cash. Taken together, these actions are expected to improve the quality of our portfolio and support our decision to maintain our full-year Adjusted EBITDA outlook."

Strategic Business Highlights

•Exited Q1 with momentum from week 8 as weather improved and inventory normalized.

•Growth in three of four divisions and across 12 brands across DTC and B2B channels.

•Delivered $6.5 million in Q1 cost savings from purchasing, tariffs, and operations.

•Advanced cost and complexity reduction, including site consolidation and closures.

•Expecting portfolio rebalancing to generate >$15 million to reinvest in growth

•HRX acquisition strengthens Safety and Racing and expands European presence.

•Free Cash Flow improvement of $4.5 million compared to same period last year.

Outlook

**For the year ended December 31, 2026, core business revenue guidance remains unchanged while we are updating full-year guidance to reflect an anticipated $15 million adjustment to net sal

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Exhibit 99.1

PRESS RELEASE

2445 Nashville Road, Suite B1 Bowling Green, Kentucky 42101 Holley.com

HOLLEY REPORTS FOURTH QUARTER AND FULL YEAR 2025 RESULTS

FOURTH QUARTER NET SALES YEAR-OVER-YEAR GROWTH OF 10.9%

FOURTH QUARTER NET INCOME OF $6.3 MILLION UP $44.1 MILLION YEAR-OVER-YEAR

FOURTH QUARTER ADJUSTED EBITDA OF $33.2 MILLION UP $4.1 MILLION YEAR-OVER-YEAR

Exceeded top‑line expectations in 2025, positioning Holley for continued momentum in 2026.

BOWLING GREEN, Ky. – March 4, 2026 – 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, 2025.

Fourth Quarter Highlights vs. Prior Year Period

•Net Sales increased 10.9% to $155.4 million compared to $140.1 million last year

•Core business net sales1 for the fourth quarter of 2025 grew by 13.5% compared to the fourth quarter of 2024 after excluding non-core business net sales1 of approximately $3.2 million for the fourth quarter of 2024

•Net Income was $6.3 million, or $0.05 per diluted share, compared to a Net Loss of $(37.8) million, or $(0.32) per diluted share, last year

•Net Cash Provided by Operating Activities was $8.5 million compared to $4.1 million last year

•Adjusted Net Income2 was $4.6 million, or $0.04 per diluted share compared to $12.6 million, or $0.11 per diluted share, last year

•Adjusted EBITDA2 was $33.2 million compared to $29.1 million last year

•Free Cash Flow2 was $3.9 million compared to $1.8 million last year

Full Year 2025 Highlights vs. Prior Year Period

•Net Sales increased 1.9% to $613.5 million compared to $602.2 million last year

•Core business net sales1 for the full year 2025 grew by 6.6% compared to the full year 2024 after excluding non-core business net sales1 of approximately $26.8 million for full year 2024

•Net Income was $19.2 million, or $0.16 per diluted share, compared to a Net Loss of $(23.2) million, or $(0.20) per diluted share, last year

•Net Cash Provided by Operating Activities was $48.6 million compared to $46.9 million last year

•Adjusted Net Income2 was $21.2 million, or $0.18 per diluted share, compared to $24.8 million, or $0.20 per diluted share, last year

•Adjusted EBITDA2 was $124.0 million compared to $110.5 million last year

•Free Cash Flow2 was $34.2 million compared to $41.8 million last year

1Core business net sales represents Net Sales after excluding non-core business net sales. Non-core business net sales are comprised of divestiture sales and strategic product rationalization sales. Divestitures sales relate to divested businesses (Detroit Speed Engineering, Gear FX and Proforged) prior to the divestiture date, and strategic product rationalization sales relate to discontinued stock keeping units (“SKUs”) prior to the SKU discontinuance. Divestiture sales were $2.9 million for the fourth quarter of 2024, and strategic product rationalization sales were $0.3 million for the fourth quarter of 2024.

2See “Use and Reconciliation of Non-GAAP Financial Measures” below.

“We delivered a strong year in 2025, achieving the results we set out to accomplish through the execution of our strategic initiatives,” said Matthew Stevenson, President and Chief Executive Officer of Holley. “Our focus on operational rigor drove meaningful performance improvements and measurable cost savings across the organization. We remain committed to advancing the priorities within our strategic framework, reflected in the continued growth of our B2B and DTC channels, successful new product launches across divisions, and further expansion of our footprint.”

Stevenson continued, "Our financial discipline remained a cornerstone of our performance in 2025. For the full year, we generated roughly $34 million of Free Cash Flow. We also continued to strengthen our balance sheet, ending the year with a leverage ratio of 3.75x, well below the 4.0x target we established for 2025 and marking our strongest leverage position in several years."

"2025 has been an important year of progress for Holley, and we are entering 2026 with momentum and a balanced outlook. While we expect continued growth next year, we remain sharply focused on advancing our strategic initiatives, driving operational efficiency, and strengthening our financial position. Our strategic framework will continue to guide our actions as we build on this year’s success and position Holley for sustained long‑term performance."

Strategic Business Highlights

•Delivered the first annual net sales growth and >20% Adjusted EBITDA margin since 2021.

•Achieved core business net sales growth for the fourth quarter of 2025 of 13.5% compared to the fourth quarter of 2024. Fourth consecutive quarter of core business net sales growth.

•Expanded growth across 22 brands and all divisions within the quarter.

•Strong Q4 results across B2B, achieving ~10.8% growth in the chan