EVI Industries FY26 net income rises 3%; revenue climbs 15% - EVI News | RalliesEVI Industries FY26 net income rises 3%; revenue climbs 15%
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EVI• Fiscal 2026 results and acquisition-driven growth
- EVI Industries posted fiscal 2026 revenue up 15% to USD 434.7 million, driven by contributions from businesses acquired in fiscal 2025-2026.
- Net income rose 3%, lifted by higher revenue and gross margin, partly offset by higher SG&A, interest expense, and income taxes.
- Gross margin widened 1.1 percentage points to 31.5% on favorable product and customer mix and solution-selling initiatives.
- Operating cash flow slipped to USD 20.61 million; investing outflows narrowed to USD 14.33 million as acquisition spending eased.
- Strategic expansion into consumer garment care: Sudsies acquired Sept. 1, 2026 for USD 37.4 million; a new reportable segment was created.
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