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 Introduces Its Fresh Retail Concept – “Four Nines”

DALLAS, TX / May 20, 2024 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company") today announced the unveiling of its inaugural Four Nines retail store in Gilbert, Arizona. This launch showcases the Company's commitment to bringing physical retail marketplaces for authenticated luxury goods to new communities across the United States."We are incredibly excited to open our doors in Arizona and welcome the local community to...

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Envela Welcomes Bijoux Exchange to its Lineup

DALLAS, TX / May 17, 2024 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company"), announced today that it is expanding its lineup this week with the introduction of Bijoux Exchange-an exceptional buyer of pre-owned luxury items in private, pressure-free...

Envela Reports First Quarter 2024 Financial Results

DALLAS, TX / May 8, 2024 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company"), today reported financial results for its first quarter ended March 31, 2024. The Company reported quarterly revenue of $39.9 million and quarterly earnings per diluted share...

Envela Reports Fourth Quarter and Fiscal Year 2023 Results

DALLAS, TX / March 20, 2024 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company"), today reported financial results for its fourth quarter and full year ended December 31, 2023. The Company reported annual revenue of $171.7 million and annual earnings...

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...

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...