Holley (HLLY) - 2024 Q2 - Quarterly Results

Exhibit 99.1 PRESS RELEASE 1801 Russellville Road Bowling Green, Kentucky 42101 Holley.com HOLLEY REPORTS SECOND QUARTER 2024 RESULTS; NET INCOME UP 31% YEAR OVER YEAR ADJUSTED EBITDA MARGIN UP 50BPS YEAR OVER YEAR PROGRESS ACROSS ALL KEY GROWTH ELEMENTS OF THE TRANSFORMATION Delivered second quarter net sales of 169.5 million Debt and Credit Ratings upgraded by S&P Global Ratings Exited Covenant Relief Period and continues progress on deleverage with 10MM prepayment BOWLING GREEN, Ky. – August 7, 2024 – ...