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Stock impact report

EVI Industries: Execution Needs To Catch Up With Price [Seeking Alpha]

EVI Industries, Inc. (EVI) 
NASDAQ:AMEX Investor Relations: envirostarinc.com
Company Research Source: Seeking Alpha
EVI posted strong revenue and profit growth, aided by acquisitions like Continental Laundry Solutions, but struggles to convert growth into robust free cash flow. Heavy investment in technology and expansion is compressing EVI margins and cash flow, while the stock trades at a premium P/E multiple versus historical averages. PixelsEffect/E+ via Getty Images Thesis EVI Industries (NYSE: NYSE: EVI is the only publicly traded company in the U.S. that focuses just on commercial laundry equipment and services. That unique positioning may not last much longer, as Alliance Laundry Holdings ( This article was written by Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any compa Show less Read more
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