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Stock impact report

EVI Q1 Earnings Decline Y/Y on High Costs, Stock Down 18% [Yahoo! Finance]

EVI Industries, Inc. (EVI) 
NASDAQ:AMEX Investor Relations: envirostarinc.com
Company Research Source: Yahoo! Finance
This compares unfavorably with the S&P 500 index, which posted a 1.9% gain over the same period. Over the past month, EVI stock has lost 18.1%, while the broader market, as measured by the S&P 500, has advanced by 3.1%, highlighting a pronounced underperformance for the commercial laundry equipment distributor. For the first quarter of fiscal 2026, EVI reported earnings per share of 11 cents, which declined from 21 cents in the prior-year quarter. Revenue rose 16% year over year to $108.3 million from $93.6 million in the prior-year quarter. Gross profit grew 18% to a record $33.9 million, reflecting a gross margin of 31.3%, which also marked a record for the company. Operating income fell to $3.6 million from $5 million a year ago, and net income dropped 43% to $1.8 million from $3.2 million. Adjusted EBITDA also decreased 11% to $6.8 million compared to $7.6 million in the year-ago period, indicating margin compression amid ongoing investments. EVI Industries, Inc. Price, Co Show less Read more
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