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 – ...