Every material Form 8-K EVI INDUSTRIES, INC. has filed with the SEC since July 23, 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
EVI Industries reported results for the first fiscal quarter of 2027, ended September 30, 2026, with revenue up 4.3% to a record $112.9 million and net income up 108% to $3.8 million. Net debt rose to $76.7 million from $44.2 million at June 30, 2026, mainly from borrowings for the Sudsies acquisition, which matters to shareholders because it increases the company's leverage.
Revenue increased 4.3% to $112.9 million; gross profit rose 12% to $38.0 million
Operating income increased 75% to $6.2 million; net income increased 108% to $3.8 million
Diluted earnings per share were $0.24, compared with $0.11 a year earlier
Net debt was $76.7 million at September 30, 2026, compared with $44.2 million at June 30, 2026
EVI Industries reported fiscal 2026 revenue of $446.6 million, up 15%, and net income of $7.7 million, up 3%, for the year ended June 30, 2026. Fourth-quarter revenue rose 11% to a record $121.9 million and net income rose 31% to $2.7 million. The company also said it closed its Sudsies acquisition on September 1, 2026, forming a consumer garment care division.
Fiscal 2026 revenue rose 15% to a record $446.6 million, and gross profit rose 19% to a record $140.7 million.
Fiscal 2026 net income rose 3% to $7.7 million; diluted earnings per share were $0.48, compared with $0.49 a year earlier.
Fourth-quarter revenue rose 11% to a record $121.9 million, and net income rose 31% to $2.7 million.
The Sudsies acquisition closed on September 1, 2026, and serves as the base of the new consumer garment care division.
EVI Industries completed its acquisition of Sudsies on September 1, 2026, and formed a consumer garment care services division. Amendments dated August 31, 2026 changed the purchase prices for two related agreements to all cash, so no Common Stock will be issued for them. Management expects the transaction to be accretive to earnings for the fiscal year ending June 30, 2027.
Closings of the asset purchases occurred on September 1, 2026; the company announced them on September 2, 2026.
Purchase price under the Transaction C agreement changed from $800,000 cash plus $100,000 in Common Stock to $900,000 all cash.
Purchase price under the Transaction D goodwill agreement changed from $6,624,778 cash plus $500,000 in Common Stock to $7,124,778 all cash.
After closing, the company paid about $1.9 million to vehicle lessors and reimbursed Jason Loeb $860,000 for cash bonuses paid to Sudsies employees.
On July 17, 2026, EVI Industries and its subsidiaries signed three asset purchase agreements to acquire substantially all assets of Sudsies and related entities, with consideration of $22.6 million, $4.0 million and $900,000. The deals open EVI's consumer garment care services division, and management expects them to be accretive to earnings for the fiscal year ending June 30, 2027. Closing is expected within 30 to 45 days, subject to conditions, and either side may terminate if closing has not occurred by September 1, 2026.
Transaction A: $22.6 million consideration, with $1.716 million held in escrow for at least 12 months
Transaction B: $4.0 million consideration, with $232,000 held in escrow for at least 12 months
Transaction C: $900,000 consideration, including $800,000 in cash and $52,000 in escrow
Closing expected within 30 to 45 days; termination right if not closed by September 1, 2026
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