Start Time: 08:30 January 1, 0000 9:12 AM ET
Holley Inc. (NYSE:HLLY)
Q1 2024 Earnings Conference Call
May 08, 2024, 08:30 AM ET
Company Participants
Matt Stevenson - President and CEO
Jesse Weaver - CFO
Anthony Rozmus - IR
Conference Call Participants
Christian Carlino - JPMorgan
Brian McNamara - Canaccord Genuity
John Lawrence - The Benchmark Company
Martin Mitela - Raymond James
Joe Feldman - Telsey Advisory Group
Sabrina Baxamusa - William Blair
Operator
Good morning, ladies and gentlemen, and welcome to the Conference Call to discuss Holley's First Quarter 2024 Earnings Results. [Operator Instructions]. Please be advised that reproduction of this call, in whole or in part, is not permitted without written authorization of Holley. As a reminder, this call is being recorded and will be made available for future playback.
I would now like to introduce your host for today's call, Anthony Rozmus with Investor Relations. Please go ahead.
Anthony Rozmus
Good morning and welcome to Holley's first quarter 2024 earnings conference call. On the call with me today are President and Chief Executive Officer, Matt Stevenson; and Chief Financial Officer, Jesse Weaver. This webcast and the presentation materials, including non-GAAP reconciliations, are available on our Investor Relations website.
Our discussion today includes forward-looking statements that are based on our best view of the world and our businesses as we see them today and are subject to risks and uncertainties, including ones described in our SEC filings.
This morning, we will review our financial results for the first quarter and share our guidance for the second quarter and full year 2024. At the conclusion of the prepared remarks, we will open the call up for questions.
With that, I'll turn the call over to CEO, Matt Stevenson.
Matt Stevenson
Thank you, Anthony, and good morning to everyone on the call. We appreciate you taking the time to join us. It's our pleasure to share the latest on Holley's transformation and the exciting developments we have in store. As I approach the 1 year mark with Holley, I'm proud of the many improvements we've made. Even as the market finds its new normal, it's important to recognize the significant progress happening behind the scenes at our company. We're elevating the level of professionalism and enhancing the capabilities within our organization
Our efforts have yielded substantial improvements in a remarkably short timeframe. We've also been diligent in eliminating non-value-added costs, which has meaningfully impacted our bottom line. At the same time, we're building a robust growth engine to secure Holley's future success and to leverage the strength of our brands. To achieve this, we welcome top talent with expertise from premier companies who share our enthusiasm for the automotive performance aftermarket and have the vision and know-how to take Holley to the next level.