EVI

Shares of EVI Industries, Inc. EVI have declined 15.8% since the company reported results for the quarter ended March 31, 2026, underperforming the S&P 500 Index, which was essentially flat over the same period. Over the past month, EVI shares have fallen 20.8% compared to a 5% gain for the broader market. EVI reported third-quarter fiscal 2026 net income of 5 cents per share, which declined from 7 cents per share in the prior-year quarter. Revenues of $101.1 million denoted an 8% rise from $93.5 million in the year-ago quarter, while gross profit rose 17% to a record $32.8 million. Gross margin expanded to a record 32.5% from 30% a year earlier. However, net income declined to $0.8 million from $1 million in the prior-year quarter. Operating income was essentially flat at $2.3 million, while adjusted EBITDA increased 11% to $5.6 million. EVI Industries, Inc. price-consensus-eps-surprise-chart | EVI Industries, Inc. Quote The company attributed its revenue growth primarily to contributions from acquired businesses, market-share gains and expanded service capabilities. Despite weather-related disruptions and delays in customer facility readiness and installations, EVI still delivered record quarterly revenues. Management noted that many delayed projects remain in the backlog and are expected to be fulfilled in future periods. Operational modernization initiatives continued to gain traction during the quarter. Service appointments supported by the company’s field service platform increased approximately 9% sequentially to more than 27,500 appointments across more than 10,600 customers. Technician productivity, measured by jobs completed per technician per day, improved 3%. Management said that these improvements reflect stronger operational execution and customer engagement. EVI also highlighted recurring revenue opportunities within its installed customer base. Premier Chemical Solutions, a division focused on chemicals and detergents for commercial laundry operations, increased sales revenues by 49% during the first nine months of fiscal 2026. The division added roughly 12 new customer accounts per month while maintaining customer attrition below 1%. Management believes the business demonstrates the company’s ability to generate higher-margin repeat purchasing activity with limited incremental acquisition costs. Chairman and CEO Henry Nahmad said that EVI is...

Record revenue and gross profit reflect continued enterprise growth and progress in operational optimization, customer engagement, and long-term scalability initiatives. MIAMI, May 11, 2026--(BUSINESS WIRE)--EVI Industries, Inc. (NYSE American: EVI) announced today its operating results for the third quarter of the fiscal year ending June 30, 2026. The Company also provided updates on its long-term growth strategy and ongoing operational optimization, process improvement, and enterprise-wide coordination initiatives intended to improve scalability, efficiency, customer experience, and long-term operating performance. Since commencing the execution of its long-term growth strategy in 2016, EVI has evolved from a single-location business in Florida with 32 employees into a leading North American commercial laundry distribution and service enterprise encompassing 32 businesses and approximately 900 associates, including more than 200 sales professionals and over 425 service personnel. Through disciplined acquisitions, operational investment, and the continued expansion of its service and infrastructure capabilities, EVI has generated compounded annual growth rates of approximately 29% in revenue, 15% in net income, and 26% in adjusted EBITDA over such ten-year period. During this period, the Company has also focused on improving the quality and profitability of its revenue base, contributing to gross margin expansion from approximately 23% in fiscal 2019 to 32.5% and 31.5% for the three and nine-month periods ended March 31, 2026, respectively. As EVI’s enterprise has expanded, management’s focus has increasingly shifted toward operational optimization across the enterprise. The Company has substantially completed the deployment of its ERP system, field service platform, and business intelligence capabilities, which management believes provide the operational visibility and data-driven insight necessary to support a new phase focused on process improvement, operational coordination, and enterprise-wide efficiency initiatives. Management aims to improve coordination both upstream with manufacturers and supply chain partners and downstream with customers in an effort to reduce operational redundancies, increase labor utilization, enhance customer responsiveness, improve inventory efficiency, and create additional opportunities to expand market share and repeat cu...

This article first appeared on GuruFocus. Release Date: May 11, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. EVI Industries Inc (EVI) achieved record financial results, including record revenue, gross profit, and gross margin for the three and nine-month periods ended March 31. The company has transformed from a single-location business in Florida to a leading commercial laundry distribution and service enterprise in North America, with 32 businesses and approximately 900 associates. EVI Industries Inc (EVI) has generated compounded annual growth rates of approximately 29% in revenue, 15% in net income, and 26% in adjusted EBITDA since 2016. The deployment of ERP systems, field service platforms, and business intelligence capabilities has improved operational visibility and efficiency across the organization. The acquisition strategy remains active, with the recent acquisition of Balenki, marking the 32nd business to join the EVI enterprise. Revenue fulfillment was affected by severe weather conditions, customer facility readiness delays, and installation timing issues during the quarter. Inventory levels increased due to customer project timing and proactive purchasing actions, which could impact working capital management. Despite improvements, there are still challenges in achieving optimal demand planning and inventory visibility. The pace of operational optimization and enterprise-wide coordination initiatives may take time to fully realize intended benefits. There is a reliance on acquisitions for growth, which may pose integration challenges and require significant resources. Warning! GuruFocus has detected 5 Warning Signs with EVI. Is EVI fairly valued? Test your thesis with our free DCF calculator. Q: Can you elaborate on the factors that contributed to the record financial results for the quarter? A: Henry Nahmid, Chairman and CEO, explained that the record financial results were driven by the continued expansion of EVI's enterprise, enduring demand for their products and services, and the value delivered to customers across North America. The company has transformed significantly over the past decade, growing from a single-location business to a leading commercial laundry distribution and service enterprise with 32 businesses and approximately 900 associates. Q: How has EVI's gross margi...

Shares of EVI Industries, Inc. EVI have declined 10.4% since the company reported its earnings for the quarter ended Dec. 31, 2025, underperforming the S&P 500 index, which slipped just 0.1% over the same period. Over the past month, EVI stock has declined 17.1%, again lagging the broader market’s modest 0.4% decline, reflecting a sharply negative investor reaction despite what the company described as record quarterly results. For the second fiscal quarter, EVI Industries reported earnings per share of 15 cents, which rose from 7 cents in the prior-year period. Revenues increased 24% year over year to a record $115.3 million. Gross profit jumped 29% to $35.5 million, translating to a record gross margin of 30.8% compared to 29.7% a year earlier. Operating income surged 78% year over year to $4.2 million, while net income more than doubled, rising 110% to $2.4 million. Adjusted EBITDA for the quarter came in at $7.7 million, up 49% from $5.1 million, representing 6.6% of revenues. EVI Industries, Inc. price-consensus-eps-surprise-chart | EVI Industries, Inc. Quote CEO Henry M. Nahmad emphasized the long-term vision and transformation of EVI into a national leader in the commercial laundry space. He credited strategic investments in people, technology and operational efficiency for strengthening the company’s foundation. He also reiterated the company’s commitment to its buy-and-build strategy, highlighting a 10-year track record of 30% compound annual revenue growth and 16% net income growth. Nahmad described EVI’s approach as “disciplined execution and thoughtful capital deployment,” reflecting confidence in the company's scalability and resilience. EVI continued to advance modernization efforts during the quarter, particularly in its service operations. The company reported a 13% improvement in average service response time over the past year, driven by field service technology that facilitated nearly 9,000 service appointments during the quarter. Expanded technician utilization analytics and real-time remote support tools were also cited as contributors to improved service consistency and margins. Additionally, analytics-driven inventory and procurement tools are being deployed across over 15,000 SKUs, aimed at improving demand planning and reducing order latency. Management sees these systems as critical to enhancing operating efficiency and managing wor...

Record Q2 results: Revenue rose 24% year‑over‑year to $115 million with gross margin near 31%, Adjusted EBITDA up 49% to $7.7 million, and net income up 110% to 2.1% of revenue (first six months revenue +20% to >$223M). Management is investing in data‑driven modernization—field service technology, operational analytics and inventory tools—which cut average response time ~13%, supported ~9,000 service appointments, and is expected to improve service margins and scalability despite near‑term higher operating expenses. Buy‑and‑build strategy: EVI continues acquisitive growth (including Continental), generated positive operating cash flow while funding a ~$12M inventory buildup and a ~$5M dividend, and says it retains strong liquidity and access to low‑cost capital to pursue further acquisitions. Interested in EVI Industries, Inc.? Here are five stocks we like better. EVI Industries (NYSEAMERICAN:EVI) reported what Chairman and CEO Henry Nahmad described as “another set of record results” for the second quarter of fiscal 2026, citing record revenue, gross profit, and operating profit, alongside continued investment in modernization and operational initiatives intended to improve long-term scalability and efficiency. In prepared remarks, Nahmad also highlighted the company’s growth since launching its long-term strategy in 2016, saying EVI has expanded from a single Florida location with 31 employees into a North American commercial laundry distribution and service enterprise consisting of 31 businesses and more than 900 associates. → Once Upon A Farm: Buy the $1B Growth Story? For the second quarter, EVI said revenue increased 24% year-over-year to $115 million. Nahmad attributed the increase primarily to contributions from acquired businesses, while noting legacy operations also contributed. Gross margin expanded to nearly 31%, which management attributed to favorable product mix, pricing discipline, and the benefits of strategic acquisitions, including Continental. Nahmad said net income increased 110% to 2.1% of revenues, while Adjusted EBITDA increased 49% to $7.7 million, or 6.6% of revenue. → Verizon: Your Total Return Leader for 2026 Might Be Hiding in Plain Sight For the first six months of the fiscal year, EVI reported revenue increased 20% to more than $223 million, with gross margin expanding to 31%. Nahmad said the company generated positive operatin...

This article first appeared on GuruFocus. Release Date: February 09, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. EVI Industries Inc (EVI) achieved record second quarter revenue, gross profit, and operating profit, surpassing $425 million in trailing 12-month revenue. The company has experienced significant growth since 2016, with compounded annual growth rates of approximately 30% in revenue, 16% in net income, and 27% in adjusted EBITDA. EVI Industries Inc (EVI) is making significant investments in people, processes, and technology to enhance scalability, integration, and efficiency, positioning the company for long-term profitability. Revenue increased 24% year-over-year to $115 million, driven by contributions from acquired businesses and legacy operations. The company generated positive operating cash flow during the three and six-month periods ended December 31, 2025, maintaining strong liquidity and financial flexibility. Operating margin expansion was impacted by higher operating expenses associated with investments in technology, modernization, and organizational infrastructure. Cash flow was affected by a planned inventory buildup of approximately $12 million to support confirmed customer sales orders. The company faced higher operating expenses due to continuing investments in service capability expansion and integration activities. Despite strong performance, the strategic use of capital included a $5 million cash dividend and the final purchase price payment related to the Continental acquisition, impacting cash flow. The company's growth strategy involves significant investments, which may pose risks if anticipated returns are not realized. Warning! GuruFocus has detected 5 Warning Signs with EVI. Is EVI fairly valued? Test your thesis with our free DCF calculator. Q: Can you elaborate on the factors driving the 24% year-over-year revenue increase in the second quarter? A: Henry Nahmad, Chairman and CEO, explained that the revenue increase to $115 million was primarily driven by contributions from acquired businesses, with legacy operations also contributing. The growth reflects strong execution and enduring demand for EVI's products and services. Q: What were the key contributors to the expansion of gross margin to nearly 31%? A: Henry Nahmad noted that the gross margin expansion was...

Revenue increased 24% resulting in record revenue, gross profit, and operating profit, surpassed $425M in revenues for the twelve months ended December 31, 2025, and continued investments in modernization and optimization initiatives. MIAMI, February 09, 2026--(BUSINESS WIRE)--EVI Industries, Inc. (NYSE American: EVI) announced today its operating results for the second quarter of the fiscal year ending June 30, 2026. The Company also provided updates related to its buy-and-build growth strategy, growth opportunities, and continued investments in technology, modernization, and operational optimization initiatives. Since commencing execution of its long-term growth strategy in 2016, EVI has transformed from a single-location business in Florida with 31 employees into a leading North American commercial laundry distribution and service enterprise encompassing 31 businesses and employing over 900 associates, including more than 200 sales professionals and over 425 service personnel. The disciplined execution of this strategy has driven compounded annual growth rates of approximately 30% in revenue, 16% in net income, and 27% in adjusted EBITDA over such ten-year period, and has established EVI as a leader in the highly fragmented commercial laundry industry. A core strength of EVI’s growing enterprise is the depth of its customer relationships, supported by the largest sales and services organizations in the industry. To fully leverage this reach, the Company is making significant investments in people, processes, and technology aimed at building a more scalable, integrated, and efficient organization. These investments are expected to further enhance EVI’s ability to deliver best-in-class laundry solutions, expand complementary product and service offerings, respond more rapidly to technical service needs, and execute more coordinated and efficient equipment installations. EVI also believes that its customer interactions serve as a significant source of insight which, when combined with the Company’s highly entrepreneurial culture, disciplined financial management, strong supplier relationships, and commitment to innovation, enable EVI to identify and pursue new growth opportunities and support long-term value creation. Henry M. Nahmad, Chairman and Chief Executive Officer of the Company, commented: "EVI has built a differentiated enterprise with deep customer...

EVI Industries (EVI) reported fiscal Q2 net income late Monday of $0.15 per diluted share, up from $

Shares of EVI Industries, Inc. EVI have declined 17.8% since the company reported its earnings for the quarter ended Sept. 30, 2025. This compares unfavorably with the S&P 500 index, which posted a 1.9% gain over the same period. Over the past month, EVI stock has lost 18.1%, while the broader market, as measured by the S&P 500, has advanced by 3.1%, highlighting a pronounced underperformance for the commercial laundry equipment distributor. For the first quarter of fiscal 2026, EVI reported earnings per share of 11 cents, which declined from 21 cents in the prior-year quarter. Revenue rose 16% year over year to $108.3 million from $93.6 million in the prior-year quarter. Gross profit grew 18% to a record $33.9 million, reflecting a gross margin of 31.3%, which also marked a record for the company. Operating income fell to $3.6 million from $5 million a year ago, and net income dropped 43% to $1.8 million from $3.2 million. Adjusted EBITDA also decreased 11% to $6.8 million compared to $7.6 million in the year-ago period, indicating margin compression amid ongoing investments. EVI Industries, Inc. price-consensus-eps-surprise-chart | EVI Industries, Inc. Quote EVI’s gross margin reached a record 31.3% in the quarter, up from 30.8% a year ago. This improvement was primarily attributed to the positive impact of the Continental acquisition (formerly Girbau North America). Excluding Continental, the gross margin would have been about 30.2%, slightly below the prior year, due to product mix in legacy operations. Adjusted EBITDA margin stood at 6.2% of revenues, down from 8.1% in the comparable period, as the company ramped up modernization and integration initiatives. Selling, general and administrative (SG&A) expenses rose to $30.3 million from $23.9 million, driven by investments in field service technologies, CRM systems and participation in a major industry exposition. These expenses contributed to the contraction in profitability metrics. Net income as a percentage of revenues fell to 1.7% compared to 3.5% in the prior-year quarter. Chairman and CEO Henry M. Nahmad emphasized the company’s long-term vision, stating that current initiatives — including acquisitions, technology upgrades and process improvements — are geared toward building a more resilient and scalable business. He stressed that while near-term margins were impacted, these efforts are foundati...

MIAMI, November 10, 2025--(BUSINESS WIRE)--EVI Industries, Inc. (NYSE American: EVI) announced today its operating results for the first quarter of the fiscal year ending June 30, 2026. The Company also provided updates related to its buy-and-build growth strategy, growth opportunities, and technology investments. EVI has established itself as a leader in the highly fragmented North American commercial laundry distribution and service industry through execution of its long-term growth strategy. Since the strategy’s inception in 2016, the Company has achieved compounded annual growth rates of 30% in revenue, 15% in net income, and 26% in adjusted EBITDA. First Fiscal Quarter Financial Highlights (compared to the first quarter of fiscal 2025) Revenue increased 16% to a record $108 million, Gross Profit increased 17% to a record $33.9 million, or a record 31.3%, Operating Income was $3.6 million compared to $5.0 million, Net Income was $1.8 million compared to $3.2 million, and Adjusted EBITDA was $6.8 million compared to $7.6 million, or 6.2% and 8.1% respectively. Henry M. Nahmad, Chairman and Chief Executive Officer, commented: "Our record results this quarter highlight the success of our sales organization and our ongoing progress in capturing market share across key regions. We believe that this performance underscores the strength of our strategy and the capabilities we are developing across our platform and that, with a solid foundation and strong demand trends, we are well positioned to sustain growth and continue advancing our long-term objectives." The Company achieved strong year-over-year revenue growth during the quarter, driven primarily by the addition of acquired businesses and supported by continued stability in its legacy operations. In the first quarter of the prior fiscal year, EVI achieved strong operating leverage, reflected in net income for the quarter of 3.5% of revenue, or adjusted EBITDA of 8.1%, as increased revenues and record gross profits offset spending related to the Company’s modernization and optimization initiatives. Since that time, EVI has completed four additional acquisitions, including the largest in its history, expanding its scale and reinforcing its position as a market leader. In line with management’s confidence in the business and consistent with its long-term growth strategy, the Company accelerated investment in...