EVI Industries, Inc. (EVI)

EVI shares surged by 64.3% before September 2025 due to strategic acquisitions and strong cash flow. In September 2025, the company announced record fiscal year 2025 results and a special cash dividend of $0.33 per share. In November 2025, EVI reported record Q1 fiscal 2026 revenues, but operating and net income decreased due to investments in long-term initiatives. In December 2025, EVI Industries approved a 2025 equity incentive plan. In February 2026, the company was projected to announce its Q2 2026 results, and the stock price experienced a decline.

Demand for EVI Industries' products and services is consistent and resilient due to steady demand in the commercial laundry sector and favorable conditions in key end markets such as healthcare, hospitality, and the vended laundry industry.

EVI Industries, Inc. is a value-added distributor and service provider in the commercial laundry industry, offering commercial and industrial laundry and dry cleaning equipment, industrial boilers, and related services. The company provides planning, designing, and consulting services for commercial laundry operations, along with installation, maintenance, and repair services, and sells related parts and accessories to a diverse customer base.

EVI Industries operates primarily across the United States, Canada, the Caribbean, and Latin America.

EVI Industries has a strong brand reputation as a leader in the North American commercial laundry distribution and service industry, recognized for its distributor relationships and operational infrastructure. Analyst sentiment reflects a consensus "Buy" rating.

Henry Nahmad, the Chairman and CEO, directly holds 38.68% of EVI's shares. Other major owners include Thomas Marks, Dennis Mack, and Gemmer Asset Management LLC.