Evi Industries Revenue Jumps 22% in Q4

Evi Industries (NYSEMKT:EVI), a leading distributor and service provider in the North American commercial laundry sector, reported its financial results for the quarter ended June 30, 2025, on September 11, 2025. The most important news was its record quarterly revenue of $110 million in Q4 FY2025, fueled by strategic acquisitions and ongoing investments in technology and operations. The results highlighted strong top-line and gross profit growth. but also showed slower net income improvement. Overall, the period reflected meaningful strategic progress, with investments in new technology and the largest acquisition in company history.Evi Industries is a distributor of commercial and industrial laundry equipment and provider of related services. It serves over 55,000 customers across industries such as healthcare, hospitality, and vended laundry. The company’s core offerings span sales of commercial washers, dryers, parts, and maintenance support.The company’s recent focus centers on a "buy-and-build" strategy—acquiring and integrating smaller distributors to expand its national reach. It also prioritizes technology upgrades, workforce expansion, and building strong supplier relationships. Success factors include disciplined acquisition, operational integration, diverse customers, and improvements to efficiency through digital platforms.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool