EVI Industries, Inc. (EVI) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello and welcome to EVI Industries earnings call for the second quarter of fiscal 2026. I am Henry Namid, Chairman and CEO of EVI Industries. Before we begin, I'd like to remind you that this presentation contains forward-looking statements within the meaning of the federal securities laws. These statements are subject to risks and uncertainties that could cause actual results different materially from those discussed. For additional information, please refer to our earnings press release issued today and to our filings with the SEC, including the risk factor section of our most recent annual report on Form 10-K. This discussion will also include a reference to adjusted EBITDA, which is a non-GAAP financial measure. A full definition and reconciliation to net income can be found in our earnings release. I want to thank all our dedicated associates across North America for another great quarter. Your dedication, hard work, creativity, and commitment to our customers continue to drive EVI's progress and performance. During the second quarter, we achieved another set of record results, records in revenue, gross profit, operating profit, and continued strength across our business. These results reflect not only strong execution, but also the enduring demand for the products and services we provide and the value our teams deliver every day. This was another strong quarter for EVI. We delivered record second quarter revenue, gross profit, and operating profit, and we surpassed $425 million in trailing 12-month revenue for the period ended December 31, 2025. At the same time, we continued to invest deliberately in modernization and optimization initiatives that are shaping the long-term trajectory of our business. Before walking through the quarter, I want to step back and...