EVI Stock Recent News

EVI's fiscal Q2 earnings fall year over year despite record revenues, as higher SG&A costs and delayed industrial sales offset gains from strong gross margins and backlog growth.

MIAMI--(BUSINESS WIRE)--EVI Industries, Inc. (NYSE American: EVI) announced its operating results for the three and six-month periods ended December 31, 2024, including record revenue and record gross profit for both periods and record gross margin for the six-month period. The Company also provided commentary on its results of operations, cash flow and financial position, and investments in furtherance of its technology initiatives. Click here to listen to the Company's recorded earnings call.

MIAMI--(BUSINESS WIRE)--EVI Industries, Inc. (NYSE American: “EVI” or the “Company”) announced today that it completed the previously announced acquisition of Huntley, Illinois based Haiges Machinery, Inc. (“Haiges Machinery”). Haiges Machinery is the Company's 29th acquisition in the commercial laundry distribution and service industry and the first (1st) in the Midwest region of the United States. EVI's Buy and Build Philosophy Key components of EVI's buy-and-build strategy include: Identify.

EVI reports strong Q1 earnings growth, driven by strategic acquisitions and tech upgrades, but shares dip 9.9% as the broader market outperforms.

MIAMI--(BUSINESS WIRE)--EVI Industries, Inc. (NYSE American: EVI) announced its operating results for the first quarter of its fiscal year ending June 30, 2025. First quarter records were achieved in revenue, gross profit, gross margin, operating profit, net income, and adjusted EBITDA. The Company also completed another acquisition under its buy-and-build growth strategy during the quarter. The Company commented on its results of operations, cash flow, financial position, and investments in fu.

MIAMI--(BUSINESS WIRE)--EVI Industries, Inc. (NYSE American: EVI) announced today that Henry M. Nahmad, Chairman and CEO, will present at the Baird Global Industrial Conference being held at The Ritz-Carlton, Chicago on Tuesday, November 12, 2024. Mr. Nahmad is also scheduled to host one-on-one meetings with registered investors on that date. For more information on the conference and to schedule a one-on-one meeting, please contact Baird Conferences at bairdconferences@rwbaird.com EVI executes.

EVI reports a 7.7% EPS increase in Q4 2024 despite a 4% drop in revenues, supported by higher-margin parts and services, along with improved gross margins.

MIAMI--(BUSINESS WIRE)--EVI Industries, Inc. (NYSE American: EVI) announced its operating results for the three- and twelve-month periods ended June 30, 2024, including record gross profit, record gross margin, and record operating cash flows for fiscal 2024, and record gross margin and record operating cash flows for the three-month period ended June 30, 2024. The Company also provided commentary on its results of operations, cash flow and financial position, and investments in furtherance of.

Discover why Zacks rates EVI Industries as "Neutral," being the first on Wall Street to initiate coverage on the stock. Explore EVI's strong market position, innovative growth strategies and financial resilience while also delving into the challenges of rising costs and competitive pressures.

MIAMI--(BUSINESS WIRE)--EVI Industries, Inc. (NYSE American: “EVI”) announced today that it completed the acquisition of Dallas, TX based Ed Brown Distributors, a distributor of commercial laundry products and a provider of installation and maintenance services to the on-premise and vended laundry segments of the commercial laundry industry. Consideration for the purchase of Ed Brown was paid in cash. Henry M. Nahmad, EVI's Chairman and CEO, commented: “With the acquisition of Ed Brown, we add.