EVI Industries posts a year-over-year decline in Q1 earnings as integration expenses and tech investments pressure margins, despite delivering record revenues and gross profit.
EVI Industries' Q4 earnings remained flat year over year and revenues reached $110 million, fueled by its largest acquisition and solid end-market demand.
EVI drives growth with strategic acquisitions, rising profits and strong liquidity, fueling scalable expansion in the resilient commercial laundry sector.
EVI reports record fiscal Q3 results with 11% revenue growth, strong cash flow and expansion driven by acquisitions and a growing sales and service network.
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.
EVI reports strong Q1 earnings growth, driven by strategic acquisitions and tech upgrades, but shares dip 9.9% as the broader market outperforms.
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.
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.