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EVI Industries Reports Revenue Growth and Strategic Acquisitions

EVI Industries Reports Revenue Growth and Strategic Acquisitions

Evi Industries, Inc. ( (EVI) ) has released its Q3 earnings. Here is a breakdown of the information Evi Industries, Inc. presented to its investors.

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EVI Industries, Inc. is a value-added distributor and service provider in the commercial laundry industry, offering equipment sales, leasing, and maintenance services. In its latest earnings report for the quarter ending March 31, 2025, EVI Industries reported revenues of $279.9 million for the nine months, reflecting an increase from $263.4 million in the same period last year. The company’s net income also rose to $5.4 million from $3.6 million year-over-year. Key financial highlights include a gross profit of $84.4 million and operating income of $9.7 million for the nine months ended March 31, 2025. The company also made strategic acquisitions, including Laundry Pro of Florida, O’Dell Equipment & Supply, and Haiges Machinery, to enhance its market presence. Looking ahead, EVI Industries remains focused on its growth strategy through organic initiatives and further acquisitions, aiming to strengthen its position in the commercial laundry sector.

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