{"schema_version":"secwatch.filing_event.v1","accession":"0001174947-24-000728","form_type":"8-K","ticker":"EVI","cik":"0000065312","company_name":"EVI INDUSTRIES, INC.","filed_at":"2024-05-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:21.691350+00:00","generated_at":"2026-06-02T07:29:49.264663+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"EVI Industries Q3 revenue down 11% to $84M; net income falls to $1.0M","bullets":["Q3 revenue $84.0M (-11% YoY); gross margin improved to 30.7% from 28.3%.","Net income $1.0M ($0.07 diluted EPS) vs $2.8M ($0.18) a year ago.","Nine-month record revenue $263M (+1%), gross profit $77.9M (+3%), and operating cash flow $20.3M (+$27M).","Net debt reduced 36% to $18.6M; equipment sales backlog exceeds $100M.","Completed one acquisition (ALCO Washer Center) for Northeast region."],"urls":{"canonical":"https://secwatch.observer/filing/0001174947-24-000728","json":"https://secwatch.observer/filing/0001174947-24-000728.json","markdown":"https://secwatch.observer/filing/0001174947-24-000728.md","text":"https://secwatch.observer/filing/0001174947-24-000728.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/65312/000117494724000728/0001174947-24-000728-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/65312/000117494724000728/form8k-32294_evi.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T07:29:49.264663+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"0cfe1c227bf220476330c0528b2bfd489a69a505","claim":"EVI INDUSTRIES, INC. reported three-month period ended March 31, 2024 results: revenue $84.0 million, net income $1.0 million.","evidence_excerpt":"Three-Month Results § Revenue decreased 11% to $84.0 million § Gross profit decreased 3% to $25.8 million § Gross margin increased to a record 30.7% compared to 28.3% § Operating income was $2.4 million compared to $4.5 million § Net income was $1.0 million, or 1.1%, compared to $2.8 million, or 2.9% § Adjusted EBITDA was $4.9 million, or 5.9%, compared to $6.7 million, or 7.2%","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/65312/000117494724000728/0001174947-24-000728-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"three-month period ended March 31, 2024"},{"label":"Revenue","value":"$84.0 million"},{"label":"Net income","value":"$1.0 million"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"35dbf774dd1ad22e2f104c371723b5811ab69088","claim":"EVI INDUSTRIES, INC. reported nine-month period ended March 31, 2024 results: revenue $263 million, net income $3.6 million.","evidence_excerpt":"Nine-Month Results § Revenue increased 1% to a record $263 million § Gross profit increased 3% to a record $77.9 million § Gross margin increased 40 basis-points to a record 29.6% compared to 29.2% § Operating income was $8.0 million compared to $12.5 million § Net income was $3.6 million, or 1.4%, compared to $7.8 million, or 3.0% § Adjusted EBITDA was $16.4 million, or 6.2%, compared to $19.2 million, or 7.4%","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/65312/000117494724000728/0001174947-24-000728-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"nine-month period ended March 31, 2024"},{"label":"Revenue","value":"$263 million"},{"label":"Net income","value":"$3.6 million"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}