EVI Industries, Inc., through its subsidiaries, distributes, leases, and rents commercial, industrial, and vended laundry and dry cleaning equipment, and steam and hot water boilers in the United States, Canada, the Caribbean, and Latin America. The company sells and/or leases its customers commercial laundry equipment specializing in washing, drying, finishing, material handling, water heating, power generation, and water reuse applications. It also supplies related replacement parts and accessories; and provides installation, maintenance, and repair services to government, institutional, industrial, commercial, and retail customers. The company was formerly known as EnviroStar, Inc. and changed its name to EVI Industries, Inc. in December 2018. EVI Industries, Inc. was founded in 1959 and is based in Miami, Florida.
IPO Year: 1999
Exchange: AMEX
Website: evi-ind.com
8-K - EVI INDUSTRIES, INC. (0000065312) (Filer)
10-Q - EVI INDUSTRIES, INC. (0000065312) (Filer)
8-K - EVI INDUSTRIES, INC. (0000065312) (Filer)
8-K - EVI INDUSTRIES, INC. (0000065312) (Filer)
8-K - EVI INDUSTRIES, INC. (0000065312) (Filer)
8-K - EVI INDUSTRIES, INC. (0000065312) (Filer)
10-Q - EVI INDUSTRIES, INC. (0000065312) (Filer)
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8-K - EVI INDUSTRIES, INC. (0000065312) (Filer)
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Increased Sales, Record Gross Profits and Over $9 Million in Operating Cash Flow. Following Quarter-End, EVI Completed its Largest Acquisition, Which Is Expected to Significantly Increase Revenue and Operating Profit and Position the Company for Future Growth EVI Industries, Inc. (NYSE:EVI) announced today its operating results for the three and nine-month periods ended March 31, 2025, which included certain record results. The Company also provided commentary on its results of operations, cash flow and financial position, its acquisition of Girbau North America, Inc. (GNA), which was completed following quarter-end, and investments in furtherance of its technology initiatives. Click here
The Acquisition Enhances EVI's Leadership Position with Talented People, High-Quality Products, and New Technologies, and is Expected to Substantially Increase Operating Income EVI Industries, Inc. (NYSE:EVI) ("EVI" or the "Company") announced today the completion of its previously announced acquisition of Girbau North America, Inc. ("GNA"), a master distributor of commercial laundry products. The addition of GNA represents a transformational event in the Company's history as it is expected to substantially increase EVI's leading market position in the North American commercial laundry industry, expand EVI's talent base with a core management team that averages 25 years of industry experi
The transaction is expected to be EVI's 30th and largest acquisition in the ten-year history of its buy-and-build growth strategy. EVI will ring the closing bell at the New York Stock Exchange today, Monday March 3, 2025, to commemorate this ten-year anniversary and its achievements over the past decade. EVI Industries, Inc. (NYSE:EVI) announced today that it has executed a definitive agreement to acquire Oshkosh, WI based Girbau North America, Inc. (GNA) from Girbau S.A. (Girbau), a Spanish-based and globally recognized leader in the manufacture of commercial and industrial laundry products. Henry Nahmad, EVI's Chairman and CEO, commented: "Ten years ago, we embarked on a journey to bu
Record Revenue and Gross Profits, Continued Investment in Operations and Completed Acquisition EVI Industries, Inc. (NYSE: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. Since 2016, EVI has established itself as a leader in the highly fragmented North American commercial laundry distribution and service
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 and partner with great businesses led by influential leaders, Retain the leadership team, honor the company culture and empower them, Collaborate on new and transformative ideas to foster a spirit of growth and in
EVI Industries, Inc. (NYSE American: "EVI") announced today that it executed a definitive agreement to acquire Huntley, IL based Haiges Machinery, Inc. ("Haiges Machinery"), a distributor of commercial laundry products and a provider of related installation and maintenance services that includes an experienced team of laundry professionals with longstanding customer relationships. The acquisition of Haiges Machinery is EVI's first acquisition in the Midwest region of the United States. As is customary under EVI's operating model, Haiges Machinery will operate under its existing name, from its existing facility, with all twenty-five (25) current employees, and continue to represent the Com
Achieved Records for Revenue, Gross Profit, Operating Profit, and Net Income. Completed One Acquisition, Invested Across Long-Term Growth and Efficiency Initiatives, Declared Special Cash Dividend, and Sustained a Strong Balance Sheet EVI Industries, Inc. (NYSE: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
EVI Industries, Inc. (NYSE American: "EVI" or the "Company") announced today that it completed the acquisition of Jeffersonville, Indiana based O'Dell Equipment and Supply, LLC ("O'Dell"), a distributor of commercial laundry products and a provider of related technical installation and maintenance services to the on-premise and vended laundry segments of the commercial laundry industry. O'Dell is EVI's twenty-eighth (28th) acquisition in the commercial laundry distribution and service industry and twelfth (12th) in the Southeast region of the United States. Henry M. Nahmad, EVI's CEO commented: "The addition of O'Dell is consistent with our strategy to offer the broadest portfolio of comme
EVI Industries, Inc. (NYSE: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 [email protected] EVI executes a buy-and-build strategy focused on long-term growth and shareholder value creation. During the last eight years, the Company has acquired 27 commercial laundry distributors and service providers in North America. Today, the Company
EVI Industries, Inc. (NYSE:EVI) announced today that its Board of Directors approved a special cash dividend of $0.31 per share on EVI's common stock, a 10% increase over the amount of the special cash dividend paid by EVI in October 2023. The dividend is payable on October 7, 2024 to stockholders of record at the close of business on September 26, 2024. Henry M. Nahmad, EVI's Chairman and CEO, commented: "Our strong cash flows during fiscal 2024 and growth prospects allow us the opportunity to reward those who are invested in our long-term strategy, and it reflects the confidence we have in our business outlook, which is supported by our strong balance sheet." The Company has considered,
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Increased Sales, Record Gross Profits and Over $9 Million in Operating Cash Flow. Following Quarter-End, EVI Completed its Largest Acquisition, Which Is Expected to Significantly Increase Revenue and Operating Profit and Position the Company for Future Growth EVI Industries, Inc. (NYSE:EVI) announced today its operating results for the three and nine-month periods ended March 31, 2025, which included certain record results. The Company also provided commentary on its results of operations, cash flow and financial position, its acquisition of Girbau North America, Inc. (GNA), which was completed following quarter-end, and investments in furtherance of its technology initiatives. Click here
Record Revenue and Gross Profits, Continued Investment in Operations and Completed Acquisition EVI Industries, Inc. (NYSE: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. Since 2016, EVI has established itself as a leader in the highly fragmented North American commercial laundry distribution and service
Achieved Records for Revenue, Gross Profit, Operating Profit, and Net Income. Completed One Acquisition, Invested Across Long-Term Growth and Efficiency Initiatives, Declared Special Cash Dividend, and Sustained a Strong Balance Sheet EVI Industries, Inc. (NYSE: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
EVI Industries, Inc. (NYSE American: "EVI" or the "Company") announced today that it completed the acquisition of Jeffersonville, Indiana based O'Dell Equipment and Supply, LLC ("O'Dell"), a distributor of commercial laundry products and a provider of related technical installation and maintenance services to the on-premise and vended laundry segments of the commercial laundry industry. O'Dell is EVI's twenty-eighth (28th) acquisition in the commercial laundry distribution and service industry and twelfth (12th) in the Southeast region of the United States. Henry M. Nahmad, EVI's CEO commented: "The addition of O'Dell is consistent with our strategy to offer the broadest portfolio of comme
EVI Industries, Inc. (NYSE:EVI) announced today that its Board of Directors approved a special cash dividend of $0.31 per share on EVI's common stock, a 10% increase over the amount of the special cash dividend paid by EVI in October 2023. The dividend is payable on October 7, 2024 to stockholders of record at the close of business on September 26, 2024. Henry M. Nahmad, EVI's Chairman and CEO, commented: "Our strong cash flows during fiscal 2024 and growth prospects allow us the opportunity to reward those who are invested in our long-term strategy, and it reflects the confidence we have in our business outlook, which is supported by our strong balance sheet." The Company has considered,
Achieved an 8.0% Compounded Annual Organic Revenue Growth Rate, Strengthened Balance Sheet, Executed Three Acquisitions, Increased Investments Across Key Initiatives, and Increased Special Cash Dividend 10% EVI Industries, Inc. (NYSE: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 its technology initiatives
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 a team of experienced sales and service personnel and new product representations that combined are important to achieving our growth objectives in the central region of the United States. As is customary, the company will
Achieved Record Revenue and Gross Profits, and a Record $20M in Operating Cash Flows for the Nine-Month Period, Further Strengthened its Balance Sheet, and Increased Investments Across Key Technology Initiatives EVI Industries, Inc. (NYSE:EVI) announced its operating results for the three- and nine-month periods ended March 31, 2024, including record revenue, gross profit, and operating cash flows for the nine-month period ended March 31, 2024, and record gross margin and operating cash flows for the three-month period ended March 31, 2024. The Company also provided commentary on its results of operations, cash flow and financial position, and investments in furtherance of its technology
Record Revenue and Gross Profits, and Improved Sales Processes Drove a $16M Increase in Operating Cash Flows; Sustained a Strong Balance Sheet Amid Continued Investments in Sales and Service Personnel, and the Development and Deployment of Advanced Technologies EVI Industries, Inc. (NYSE:EVI) ("EVI" or the "Company") announced today results for the three- and six-month periods ended December 31, 2023, including record revenue, gross profit, and operating cash flows. The Company also provided commentary on its results of operations, financial strength, growth initiatives, and the status of its technology investments. Click here to listen to the Company's recorded earnings conference call.
EVI Industries, Inc. (NYSE:EVI) ("EVI" or the "Company") announced today its results for the first quarter of its fiscal year ending June 30, 2024, including record revenue and gross profit. The Company also provided commentary on its results of operations, financial strength, growth initiatives, and the status of its technology investments. Click here to listen to the Company's recorded earnings conference call. Through disciplined execution of its buy-and-build growth strategy and a thriving entrepreneurial culture, EVI has established itself as a leader in the highly fragmented North American commercial laundry distribution and services market. Since 2016, EVI has, among other things,