Articles from EVI Industries, Inc.
EVI Industries, Inc. (NYSE American: 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.
By EVI Industries, Inc. · Via Business Wire · April 2, 2025

EVI Industries, Inc. (NYSE American: 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.
By EVI Industries, Inc. · Via Business Wire · March 3, 2025

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.
By EVI Industries, Inc. · Via Business Wire · February 10, 2025

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.
By EVI Industries, Inc. · Via Business Wire · February 3, 2025

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.
By EVI Industries, Inc. · Via Business Wire · January 21, 2025

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 furtherance of its long-term growth and profitability initiatives. Click here to listen to the Company’s recorded commentary.
By EVI Industries, Inc. · Via Business Wire · November 12, 2024

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.
By EVI Industries, Inc. · Via Business Wire · November 4, 2024

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
By EVI Industries, Inc. · Via Business Wire · October 29, 2024

EVI Industries, Inc. (NYSE American: 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.
By EVI Industries, Inc. · Via Business Wire · September 12, 2024

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 its technology initiatives. Click here to listen to the Company’s recorded earnings call.
By EVI Industries, Inc. · Via Business Wire · September 12, 2024

EVI Industries, Inc. (NYSE American: EVI) announced today that its Chairman and CEO, Henry M. Nahmad, will participate in the Sidoti September Small-Cap Virtual Conference. Mr. Nahmad is scheduled to host one-on-one meetings with registered investors on September 18 and 19, 2024. To schedule a one-on-one meeting, please contact the Sidoti Marketing & Events team at conference@sidoti.com.
By EVI Industries, Inc. · Via Business Wire · September 11, 2024

EVI Industries, Inc. (NYSE American: EVI) announced today that Chairman and CEO, Henry M. Nahmad will present on behalf of the Company as well as host one-on-one meetings at the Jefferies Industrials Conference on Thursday, September 5, 2024. For more information on the conference, or to schedule a one-on-one meeting, please contact your Jefferies sales representative.
By EVI Industries, Inc. · Via Business Wire · August 27, 2024

EVI Industries, Inc. (NYSE American: “EVI” or the “Company”) announced today that it completed the previously announced acquisition of Lakeland, Florida based Laundry Pro of Florida, Inc. (“Laundry Pro”). Laundry Pro is the Company’s 27th acquisition in the commercial laundry distribution and service industry and the eleventh (11th) in the Southeast region of the United States.
By EVI Industries, Inc. · Via Business Wire · July 2, 2024

EVI Industries, Inc. (NYSE American: “EVI”) announced today that it executed a definitive agreement to acquire Lakeland, FL based Laundry Pro of Florida, Inc. (“Laundry Pro”), a distributor of commercial laundry products and a provider of related installation and maintenance services. The addition of Laundry Pro significantly increases EVI’s market share in the state of Florida and includes an experienced team with longstanding customer relationships and strategically valuable product lines. The Company believes that combined with EVI’s southeast operations, the rapid deployment of its customer facing technologies, and with other benefits of being an EVI company, Laundry Pro will enhance its customer value proposition and immediately yield growth and profitability for EVI.
By EVI Industries, Inc. · Via Business Wire · June 17, 2024

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.
By EVI Industries, Inc. · Via Business Wire · June 3, 2024

EVI Industries, Inc. (NYSE American: 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 initiatives. Click here to listen to the Company’s recorded earnings call.
By EVI Industries, Inc. · Via Business Wire · May 9, 2024

EVI Industries, Inc. (NYSE American: EVI) announced today that its Chairman and CEO, Henry M. Nahmad, will participate in the 18th Annual Barrington Research Virtual Spring Investment Conference. Mr. Nahmad is scheduled to host one-on-one meetings with registered investors on May 16, 2024. To schedule a one-on-one meeting, please contact the Barrington Corporate Access Coordinator at CorporateAccess@brai.com.
By EVI Industries, Inc. · Via Business Wire · May 9, 2024

EVI Industries, Inc. (NYSE American: EVI) announced today that its Chairman and CEO, Henry M. Nahmad, will participate in the Sidoti March Small-Cap Virtual Conference. Mr. Nahmad is scheduled to host one-on-one meetings with registered investors on March 13 and 14, 2024. To schedule a one-on-one meeting, please contact the Sidoti Marketing & Events team at conference@sidoti.com.
By EVI Industries, Inc. · Via Business Wire · February 21, 2024

EVI Industries, Inc. (NYSE American: 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.
By EVI Industries, Inc. · Via Business Wire · February 9, 2024

EVI Industries, Inc. (NYSE American: 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.
By EVI Industries, Inc. · Via Business Wire · November 9, 2023

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 Thursday, November 9, 2023. Mr. Nahmad is also scheduled to host one-on-one meetings with registered investors during the conference dates from November 7-9, 2023. For more information on the conference and to schedule a one-on-one meeting, please contact Baird Conferences at bairdconferences@rwbaird.com
By EVI Industries, Inc. · Via Business Wire · October 18, 2023

EVI Industries, Inc. (NYSE American: EVI) announced today record results in key financial metrics for the fourth fiscal quarter and the fiscal year ended June 30, 2023. The Company provided commentary on growth opportunities, its financial position, technology initiatives, and industry fundamentals. Click here to listen to the Company’s recorded earnings conference call or visit the “Investors” section of the Company’s website at www.evi-ind.com.
By EVI Industries, Inc. · Via Business Wire · October 4, 2023

EVI Industries, Inc. (NYSE American: EVI) announced today that its Chairman and CEO, Henry M. Nahmad, will participate in the Sidoti September Small-Cap Virtual Conference. Mr. Nahmad is scheduled to host one-on-one meetings with registered investors on September 20 and 21, 2023. To schedule a one-on-one meeting, please contact the Sidoti Marketing & Events team at conference@sidoti.com.
By EVI Industries, Inc. · Via Business Wire · September 14, 2023

EVI Industries, Inc. (NYSE American: “EVI” or the “Company”) announced today that it completed the previously announced acquisition of New Castle, Pennsylvania based ALVF, Inc. dba ALCO Washer Center (“ALCO”).
By EVI Industries, Inc. · Via Business Wire · September 5, 2023

EVI Industries, Inc. (NYSE American: EVI) announced today that Chairman and CEO, Henry M. Nahmad will host one-on-one meetings at the Jefferies Industrials Conference on Wednesday, September 6, 2023. For more information on the conference, or to schedule a one-on-one meeting, please contact your Jefferies sales representative.
By EVI Industries, Inc. · Via Business Wire · August 22, 2023

EVI Industries, Inc. (NYSE American: EVI) announced today that it executed a definitive agreement to acquire New Castle, Pennsylvania based ALVF, Inc. dba ALCO Washer Center (“ALCO”), 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. Through ALCO, EVI increases its customer base and expands its distribution and service footprint in the northeast region of the United States.
By EVI Industries, Inc. · Via Business Wire · July 31, 2023

EVI Industries, Inc. (NYSE American: “EVI” or the “Company”) announced today that it simultaneously executed a definitive asset purchase agreement and completed the acquisition of Express Parts and Services (“EXP”), a distributor of commercial laundry products and a provider of related technical installation and maintenance services based in Sykesville, Maryland. The addition of EXP increases EVI’s presence and market share in the state of Maryland and will enable the Company to provide increased customer service throughout the region.
By EVI Industries, Inc. · Via Business Wire · June 5, 2023

EVI Industries, Inc. (NYSE American: EVI) (“EVI” or the “Company”) announced today record results for the three and nine months ended March 31, 2023, and provided commentary on its growth initiatives and financial strength.
By EVI Industries, Inc. · Via Business Wire · May 10, 2023

EVI Industries, Inc. (NYSE American: EVI) announced today that its Chairman and CEO, Henry M. Nahmad, will participate in the Sidoti March Small-Cap Virtual Conference. Mr. Nahmad is scheduled to host one-on-one meetings with registered investors on March 22 and 23, 2023. To schedule a one-on-one meeting, please contact the Sidoti Marketing & Events team at conference@sidoti.com.
By EVI Industries, Inc. · Via Business Wire · March 10, 2023

EVI Industries, Inc. (NYSE American: EVI) (“EVI” or the “Company”) announced record results in key performance measures for the three and six months ended December 31, 2022, and provided commentary on growth initiatives, technology deployments, and financial strength.
By EVI Industries, Inc. · Via Business Wire · February 9, 2023

EVI Industries, Inc. (NYSE: EVI) (“EVI” or the “Company”), a leading distributor and service provider dedicated to the commercial laundry industry, today reported record operating results for the first quarter of its fiscal year ending June 30, 2023.
By EVI Industries, Inc. · Via Business Wire · November 8, 2022

EVI Industries, Inc. (NYSE American: “EVI” or the “Company”) announced today that it completed the previously announced acquisition of Southside, Alabama based Wholesale Commercial Laundry Equipment, SE, LLC (“WCL”).
By EVI Industries, Inc. · Via Business Wire · November 2, 2022

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 8, 2022. Mr. Nahmad is also scheduled to host one-on-one meetings with registered investors during the conference dates from November 8-10, 2022. For more information on the conference and to schedule a one-on-one meeting, please contact Baird Conferences at bairdconferences@rwbaird.com.
By EVI Industries, Inc. · Via Business Wire · October 31, 2022

EVI Industries, Inc. (NYSE American: EVI) announced today that it executed a definitive agreement to acquire Southside, Alabama based Wholesale Commercial Laundry Equipment SE (“WCL”), 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. With WCL, EVI adds an experienced sales team with established customer relationships and a service team with a longstanding reputation for providing reliable services.
By EVI Industries, Inc. · Via Business Wire · October 17, 2022

EVI Industries, Inc. (NYSE: EVI) (“EVI” or the “Company”), a leading distributor and service provider dedicated to the commercial laundry industry, today reported record fiscal fourth quarter and record fiscal year ended June 30, 2022, operating results.
By EVI Industries, Inc. · Via Business Wire · September 13, 2022

EVI Industries, Inc. (NYSE American: “EVI” or the “Company”) announced today that it completed the previously announced acquisitions of North Carolina based K&B Laundry Service LLC (“K&B”) and the Massachusetts based Aldrich Clean-Tech Equipment Corp. (“Aldrich”).
By EVI Industries, Inc. · Via Business Wire · September 6, 2022

EVI Industries, Inc. (NYSE American: EVI) announced today that it executed a definitive agreement to acquire Aldrich Clean-Tech Equipment Corp. (“Aldrich”), a Massachusetts based distributor of commercial laundry products and a provider of related installation and maintenance services to commercial laundry customers. This acquisition expands EVI’s sales and service presence with the addition of eight (8) highly trained and specialized commercial laundry technicians and support staff that will enhance EVI’s capabilities to its growing customer base across the northeast region of the United States. The transaction is expected to close in the next thirty (30) days or upon the satisfaction of all customary closing conditions.
By EVI Industries, Inc. · Via Business Wire · August 15, 2022

EVI Industries, Inc. (NYSE American: EVI) announced today that it executed a definitive agreement to acquire K&B Laundry Service (“K&B”), a North Carolina based provider of installation and maintenance services to the industrial and on-premise laundry segments of the commercial laundry industry. With K&B, EVI adds fifteen (15) highly trained and specialized commercial laundry technicians and support staff that will enhance EVI’s capabilities to its growing customer base across the southeast region of the United States. The transaction is expected to close in the next thirty (30) days or upon the satisfaction of all customary closing conditions.
By EVI Industries, Inc. · Via Business Wire · August 8, 2022

EVI Industries, Inc. (NYSE American: EVI) announced today that Chairman and CEO, Henry M. Nahmad will host one-on-one meetings at the Jefferies Industrials Conference on Tuesday, August 9, 2022. For more information on the conference, or to schedule a one-on-one meeting, please contact your Jefferies sales representative.
By EVI Industries, Inc. · Via Business Wire · August 4, 2022

EVI Industries, Inc. (NYSE American: “EVI” or the “Company”) announced today that on June 1, 2022, the Company completed the previously announced acquisition of Lakewood, CO based Clean Designs and Clean Route (together “Clean Designs”), a distributor of commercial laundry products and providers of related technical installation and maintenance services to on-premise, vended, and multi-family laundry customers.
By EVI Industries, Inc. · Via Business Wire · June 2, 2022

EVI Industries, Inc. (NYSE American: EVI) announced today its results for the three and nine months ended March 31, 2022, as well as updates related to its long-term buy-and-build growth strategy that occurred following the completion of the third fiscal quarter.
By EVI Industries, Inc. · Via Business Wire · May 10, 2022

EVI Industries, Inc. (NYSE American: “EVI” or the “Company”) announced today that it simultaneously executed a definitive agreement and completed the acquisition of New York, NY based Spynr, Inc. (“Spynr”), EVI’s twentieth (20th) acquisition. Spynr is a highly specialized full-service marketing agency with deep roots in the commercial laundry industry. Spynr provides owners of laundry businesses a variety of marketing services, including branding, web design, digital advertising, social media services, content development, SEO, and other related services aimed to reach and attract customers to their laundry businesses efficiently and effectively.
By EVI Industries, Inc. · Via Business Wire · May 9, 2022

EVI Industries, Inc. (NYSE American: “EVI” or the “Company”) announced today it simultaneously executed a definitive agreement and completed the acquisition of Pearl, Mississippi based Laundry South, EVI’s nineteenth (19th) distributor of commercial laundry products and provider of related technical installation and maintenance services. The addition of Laundry South expands the Company’s sales and service operations into the state of Mississippi and increases its presence and market share in eastern Louisiana. Laundry South will join EVI’s Southcentral Group of commercial laundry businesses and consistent with EVI’s operating philosophy, Laundry South will operate under its current name, from its present location, and with all its employees.
By EVI Industries, Inc. · Via Business Wire · May 2, 2022

EVI Industries, Inc. (NYSE American: EVI) announced today that it executed a definitive agreement to acquire Lakewood, CO based Clean Designs, Inc. and Clean Route LLC (together “Clean Designs”), a distributor of commercial laundry products and a provider of related technical installation and maintenance services to on-premise, vended, and multifamily laundry customers. The addition of Clean Designs further strengthens EVI’s leading market share position in the West region of the United States. Upon the completion of the Clean Designs acquisition, EVI will have acquired eighteen (18) commercial laundry businesses and continues to be the fastest growing and only publicly listed company devoted to the North American commercial laundry distribution and service industry.
By EVI Industries, Inc. · Via Business Wire · April 26, 2022

EVI Industries, Inc. (NYSE American: EVI) announced today its results for the three and six months ended December 31, 2021. During the three-months ended December 31, 2021, the Company achieved record operating results in certain performance measures, generated $9.4 million dollars of cash from operating activities that further strengthened its already strong balance sheet, built up its backlog to over $120 million, and continued to successfully implement its advanced operating technologies and experience incrementally greater operating leverage across its modernized business units. In addition, the Company continues to execute on the buy component of its long-term growth strategy with the acquisition of its seventeenth commercial laundry distribution and service business, which was completed on February 7, 2022.
By EVI Industries, Inc. · Via Business Wire · February 9, 2022

EVI Industries, Inc. (NYSE American: EVI) announced today that it completed its mergers with Raleigh, NC based Consolidated Laundry Equipment and Columbia, SC based Central Equipment Company (collectively “CLE”), both distributors of commercial laundry products and providers of related technical installation and maintenance services, on February 7, 2022.
By EVI Industries, Inc. · Via Business Wire · February 9, 2022

EVI Industries, Inc. (NYSE American: EVI) announced today that it executed a definitive agreement to acquire Raleigh, NC based Consolidated Laundry Equipment and Columbia, SC based Central Equipment Company (collectively “CLE”), distributors of commercial laundry products and providers of related technical installation and maintenance services. The addition of CLE strengthens EVI’s leading market share position in the southeast region of the United States with over $90 million in revenue derived from offering a wide and growing selection of commercial laundry products and technical service capabilities to thousands of Industrial, On-Premise, Vended, and Multi-Family Laundry customers.
By EVI Industries, Inc. · Via Business Wire · December 15, 2021

EVI Industries, Inc. (NYSE American: EVI) achieved record revenue, gross profit, gross margin, operating profit, net income, and Adjusted EBITDA for the three-months ended September 30, 2021, the first quarter of the Company’s fiscal year ending June 30, 2022 (“fiscal 2022”). The Company’s record operating results reflect continued strong demand for the Company’s products and services, growth from continuing operations and from recent acquisitions, and the realization of certain benefits in connection with the Company’s optimization while continuing the recovery from the COVID-19 pandemic.
By EVI Industries, Inc. · Via Business Wire · November 9, 2021

EVI Industries, Inc. (NYSE American: EVI) announced today that Henry M. Nahmad, Chairman and CEO, is scheduled to host one-on-one virtual meetings with registered investors at the Baird Global Industrial Conference on November 11, 2021. For more information on the conference and to schedule a one-on-one meeting, please contact Baird Conferences at bairdconferences@rwbaird.com.
By EVI Industries, Inc. · Via Business Wire · October 11, 2021

EVI Industries, Inc. (NYSE American: EVI) reported record fiscal fourth quarter and fiscal year ended June 30, 2021 operating results, establishing new fiscal fourth quarter records for gross profit and net income and fiscal year records for revenue, gross profit and net income, which includes a gain on the forgiveness of debt in connection with the forgiveness of PPP Loans.
By EVI Industries, Inc. · Via Business Wire · September 13, 2021

EVI Industries, Inc. (NYSE American: EVI) announced today that Henry M. Nahmad, Chairman and CEO, is scheduled to host one-on-one meetings with registered investors at the Jefferies Virtual Industrials Conference on August 4, 2021. For more information on the conference and to schedule a one-on-one meeting, please contact Jefferies Industrials Conference at industrialsconference@jefferies.com.
By EVI Industries, Inc. · Via Business Wire · July 22, 2021

EVI Industries, Inc. (NYSE American: EVI) announced today that Henry M. Nahmad, Chairman and CEO, is scheduled to host one-on-one meetings with registered investors at the UBS Global Industrials and Transportation Virtual Conference on June 8, 2021. For more information on the conference and to schedule a one-on-one meeting, please contact UBS.
By EVI Industries, Inc. · Via Business Wire · May 24, 2021

EVI Industries, Inc. (NYSE American: EVI) reported record fiscal third quarter operating results, establishing new fiscal third quarter records for revenue, gross profit, and adjusted EBITDA. Click here for a pre-recorded earnings conference call https://ir.evi-ind.com/message-from-the-ceo.
By EVI Industries, Inc. · Via Business Wire · May 10, 2021

EVI Industries, Inc. (NYSE American: EVI) announced today that Henry M. Nahmad, Chairman and CEO, is scheduled to host one-on-one meetings with registered investors at the Wells Fargo Securities Virtual Industrials Conference on May 5, 2021. For more information on the conference and to schedule a one-on-one meeting, please contact Wells Fargo Securities.
By EVI Industries, Inc. · Via Business Wire · April 28, 2021