Press Releases
We are constantly working towards making the world a better place through recommerce. That’s why we’re excited to share what’s happening at Envela through our press releases.
Envela Reports Third Quarter 2023 Financial Results
DALLAS, TX / November 8, 2023 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company") today reported financial results for its third quarter ended September 30, 2023. The Company posted revenue for the third quarter of $36.3 million, and quarterly earnings per diluted share of $0.06.John Loftus, Chairman and CEO of Envela said, "During the quarter we made progress advancing our long-term growth strategy, particularly on the...
Envela to Announce Third Quarter 2023 Financial Results on Wednesday, November 8, 2023
IRVING, TX / November 3, 2023 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company"), announced that it plans to report its financial results for the third quarter ended September 30, 2023 after the market close on Wednesday, November 8, 2023.About...
Envela Expands Vertically with Acquisition
SCOTTSDALE, AZ / September 14, 2023 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company") today announced that it has entered into an agreement to acquire Steven Kretchmer, Inc., a well-established jewelry manufacturer, which will help diversify and...
Envela Hires Claudia Kretchmer to Lead Jewelry Design
SCOTTSDALE, AZ / September 13, 2023 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company"), today announced that Claudia Kretchmer has been named as Artistic Director of Jewelry for its Consumer Division. In this newly created role, Kretchmer will direct...
Envela to Participate in Lake Street’s 7th Annual Best Ideas Growth (BIG7) Conference
NEW YORK, NY / ASSESSWIRE / September 8, 2023 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company") today announced the Company will be participating in Lake Street Capital Markets' 7th Annual Best Ideas Growth (BIG7) Conference on Thursday, September...
Envela to Participate in the B. Riley Securities Consumer Conference
NEW YORK, NY / September 8, 2023 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company") today announced the Company will be participating in the B. Riley Securities Consumer Conference being held at the Sofitel Hotel in New York, New York on Thursday,...
Update: Envela Common Stock Repurchases
IRVING, TX / September 6, 2023 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company") today announced an update on its stock-repurchase program.Through September 5, 2023, the Company has spent more than $1.3M to purchase 224,631 of the 1,000,000 shares...
Envela Reports Second Quarter 2023 Financial Results
DALLAS, TX / August 2, 2023 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company"), today reported financial results for its second quarter ended June 30, 2023. The Company posted revenue for the June quarter of $50.3 million, and quarterly earnings per...
Envela to Announce Second Quarter 2023 Financial Results on Wednesday, August 2, 2023
IRVING, TX / July 27, 2023 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company"), announced that it plans to report its financial results for the second quarter 2023 after the market close on Wednesday, August 2, 2023. About EnvelaEnvela a leading...
Envela Corporation Holds Annual Shareholders Meeting
IRVING, TX / June 23, 2023 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company"), today held its annual shareholders meeting. Following are the preliminary results for the two proposals voted upon by shareholders:Envela shareholders elected John Loftus,...
Envela to Participate in B. Riley Securities 23rd Annual Institutional Investor Conference on May 24, 2023
BEVERLY HILLS, CA / May 23, 2023 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company"), a leading provider of re-commerce services, enabling a better world by extending the useful lives of goods within the circular economy, announced that it will...