Holley Inc. (HLLY) Acquires HRX, Strengthening Motorsports Apparel Portfolio

We recently compiled a list for the 10 Best Cheap Stocks Under $10 to Buy in April. Holley Inc. is one of the cheap stocks to buy on this list.

TheFly reported on March 20 that HLLY has expanded its Safety & Racing lineup by acquiring HRX, a motorsports apparel brand from Italy that provides racewear for karting and competitive racing participants. However, the financial details of the deal were not made public.

Separately, on March 4, Holley Inc. (NYSE:HLLY) shared its financial performance for 2025 and guided for the upcoming year. The company reported full-year net sales of $613.5 million, reflecting a modest increase from the prior year, with core business growth of 6.6% after excluding non-core operations. Net income reached $19.2 million, a turnaround from a loss of $23.2 million the previous year, while adjusted net income totaled $21.2 million.

Holley Inc. (HLLY) Acquires HRX, Strengthening Motorsports Apparel Portfolio

The Corporation’s adjusted EBITDA improved to $124 million, and Free Cash Flow amounted to $34.2 million. Operational efficiency, strategic execution, and growth across B2B and direct-to-consumer channels contributed to these results.

Moreover, entering 2026, the business expects continued revenue growth, driven by its strategic priorities, new product launches, and further expansion across brands and divisions.

Holley Inc. (NYSE:HLLY) designs, manufactures, and distributes performance automotive aftermarket parts, like carburetors, fuel systems, superchargers, exhausts, and tuners, serving car and truck enthusiasts globally under brands such as Holley, MSD, Flowmaster, and Superchips.

While we acknowledge the risk and potential of HLLY as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than HLLY and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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