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News

Holley Expects Q1 Net Sales of $150M-$160M Vs $178.89M Est, FY24 Net Sales of $640M-$680M Vs $681.01M Est

Author: Benzinga Newsdesk | February 28, 2024 08:41am

Outlook

Holley is providing the following outlook for the first quarter and full-year 2024:

Metric

First Quarter 2024 Outlook

Full Year 2024 Outlook

Net Sales

$150 - $160 million

$640 - $680 million

Adjusted EBITDA

$27 - $33 million

$125 - $145 million

Capital Expenditures

 

$8 - $12 million

Depreciation and Amortization Expense

 

$24 - $26 million

Interest Expense

 

$50 - $55 million

Bank-adjusted EBITDA Leverage Ratio

 

4.0x - 3.5x

Posted In: HLLY

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