Welcome to our dedicated page for Evi Industries news (Ticker: EVI), a resource for investors and traders seeking the latest updates and insights on Evi Industries stock.
EVI Industries Inc (EVI) delivers essential equipment and technical services to commercial laundry operations, industrial facilities, and institutional clients across North America. This dedicated news hub provides investors and industry professionals with authoritative updates on corporate developments, strategic initiatives, and market positioning.
Access real-time announcements including earnings reports, acquisition activity, leadership changes, and operational milestones. Our curated collection simplifies tracking of EVI's buy-and-build expansion strategy and evolving service offerings in laundry systems, industrial boilers, and technical maintenance solutions.
Key updates cover equipment distribution partnerships, geographic expansion into new regions, and innovations in turnkey system design. Content is organized to highlight financial performance indicators and long-term growth patterns while maintaining compliance with financial disclosure standards.
Bookmark this page for streamlined monitoring of EVI's progress in consolidating its niche market position. Return for objective reporting on how the company addresses evolving demands in commercial equipment distribution and industrial maintenance sectors.
EVI (NYSE American: EVI) reported record Q1 FY2026 revenue of $108.0M (up 16% YoY) and record gross profit $33.9M (up 17%) with consolidated gross margin at a record 31.3%. The quarter included four acquisitions completed since prior-year, including the largest in company history, and investments in modernization, integration, and technology that reduced short-term operating leverage.
Key operational metrics: net income $1.8M (1.7% of revenue), adjusted EBITDA $6.8M (6.2% margin), net debt of $46.3M, and a one-time $5.0M special cash dividend ($0.33 per share) paid Oct 6, 2025. Technology deployments showed growth (≈9,000 field service appointments in Sept 2025).
EVI Industries (NYSE American: EVI) announced that Chairman and CEO Henry M. Nahmad will present at the Baird Global Industrial Conference at The Ritz-Carlton, Chicago on November 12, 2025 and will host one-on-one investor meetings that day.
EVI is described as the largest value-added distributor of commercial laundry products in North America. Since 2016, the company completed 31 acquisitions, expanded geographically, grew sales and service teams, broadened OEM relationships, and adopted advanced operating technologies. Founders and acquired-business leaders collectively own >b>60% of the company.
Financial track record since 2016: revenue CAGR 30%, net income CAGR 18%, and adjusted EBITDA CAGR 27%, with a stated low-leverage balance sheet positioning EVI to pursue strategic transactions.
EVI Industries (NYSE American: EVI) reported record fiscal year 2025 results, with revenue increasing 10% to $390 million and net income rising 33% to $7.5 million. The commercial laundry distribution leader completed four strategic acquisitions, including its largest-ever purchase of Girbau North America (now Continental Laundry Solutions), expected to add $50 million in annual revenue.
The company achieved significant milestones in technology adoption, expanding its field service platform from 2 to 27 business units and implementing ERP systems across 28 of 31 business units. EVI announced a special cash dividend of $0.33 per share, payable October 6, 2025. The company's organic growth remained strong at 7% CAGR, while adjusted EBITDA increased 11% to $25.0 million.
EVI Industries (NYSE American: EVI), North America's largest commercial laundry products distributor, announced its leadership's participation in two upcoming investor conferences. Chairman and CEO Henry M. Nahmad and Director of Finance Craig Ettelman will attend the D.A. Davidson Diversified Industrials & Services Conference on September 18, 2025, and the Sidoti Small-Cap Virtual Conference on September 17, 2025.
The company highlighted its impressive growth since 2016, including 31 acquisitions, geographic expansion, and technological modernization. EVI has achieved compound annual growth rates of 31% in revenue, 18% in net income, and 28% in adjusted EBITDA. Notably, the founder-led management team, including executives from acquired businesses, owns over 60% of the company.
EVI Industries (NYSE American: EVI), North America's largest commercial laundry products distributor, announced its participation in the upcoming Jefferies Industrials Conference on September 3, 2025. Chairman and CEO Henry M. Nahmad will present and host one-on-one meetings.
The company has demonstrated significant growth since 2016, completing 31 acquisitions and achieving impressive compound annual growth rates: 31% in revenue, 18% in net income, and 28% in adjusted EBITDA. The founder-led management team, including executives from acquired businesses, maintains over 60% ownership of the company.
EVI Industries (NYSE American: EVI) has completed its 31st acquisition in the commercial laundry distribution industry by acquiring ASN Laundry Group, a New York-based distributor of commercial laundry products and service provider. The strategic acquisition strengthens EVI's market presence in New York state and enhances its customer service capabilities.
CEO Henry M. Nahmad emphasized that the acquisition aligns with EVI's buy-and-build strategy, which focuses on partnering with family-owned businesses while retaining leadership teams and fostering growth through collaboration. The company's approach includes creating an ownership culture and maintaining the largest commercial laundry products portfolio in North America.
EVI Industries (NYSE American: EVI) has completed its acquisition of Girbau North America (GNA), a master distributor of commercial laundry products. This transformational acquisition is expected to significantly boost EVI's market position in North America's commercial laundry industry.
For the twelve-month period ended December 31, 2024, GNA generated $75 million in revenue with approximately 9.5% operating income and demonstrated a five-year revenue CAGR of 11%. On a pro forma basis, GNA would have contributed about $50 million in net revenue and $7 million in operating income, representing a 14% and 54% increase respectively.
The deal includes an amendment to EVI's Credit Agreement, extending the maturity date to March 2030 and increasing revolving commitments by $50 million to $150 million, with an additional $50 million accordion feature. GNA will operate independently under its existing management team, maintaining EVI's decentralized business model.
EVI Industries (NYSE American: EVI) has announced its largest acquisition to date, agreeing to purchase Girbau North America (GNA) for approximately $43 million in cash. This marks EVI's 30th acquisition in its ten-year buy-and-build strategy.
GNA, founded in 1995 as a master distributor of Girbau products, generated $75 million in revenue with 9.5% operating income for the twelve months ended December 31, 2024, and achieved a five-year revenue CAGR of 11%. The acquisition is expected to contribute approximately $50 million in net revenue and $7.0 million in operating income on a pro forma basis.
To fund the acquisition, EVI will utilize its revolving credit facility and has secured a commitment to increase its credit facility by $50 million to $150 million, with an additional $50 million accordion feature. The transaction is expected to be immediately accretive to EVI's earnings and will expand the company's distribution network while enhancing its functional support capabilities.
EVI Industries (NYSE American: EVI) reported record results for Q2 and H1 2024, with Q2 revenue up 1% to $92.7M and H1 revenue up 4% to $186.3M. The company achieved record gross profits, with Q2 gross profit increasing 4% to $27.5M and H1 gross profit up 8% to $56.4M. Gross margins improved to 29.7% in Q2 and a record 30.3% for H1.
The company completed two acquisitions in the Southeast region and deployed field service technology to over 70% of its service organization. EVI maintains a strong equipment sales backlog exceeding $100M. However, Q2 net income decreased to $1.1M from $1.3M year-over-year, while H1 net income increased to $4.4M from $2.6M. The company paid a $4.6M dividend, the largest in its history, and increased its net debt to $24.0M from $8.3M at fiscal year-end.
FAQ
What is the current stock price of Evi Industries (EVI)?
What is the market cap of Evi Industries (EVI)?
