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 Added to Membership of US Small-Cap Russell 2000 Index

IRVING, TX / ACCESS Newswire / June 24, 2025 / Envela Corporation was added as a member of the US small-cap Russell 2000® Index, effective after the US market opens on June 30 as part of the 2025 Russell indexes reconstitution. Membership in the Russell 2000® Index, which remains in place for one year, is based on membership in the broad-market Russell 3000® Index. The stock also was automatically added to the appropriate growth...

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Envela Reports Second Quarter 2024 Financial Results

DALLAS, TX / August 7, 2024 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company"), today reported financial results for its second quarter ended June 30, 2024. The Company reported quarterly revenue of $45.3 million and quarterly earnings per diluted...

Four Nines Opens Flagship Store in Phoenix

PHOENIX, AZ / June 24, 2024 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company") announced today that its innovative retail brand, Four Nines™, opened its latest store in Phoenix, Arizona."As we continue to expand our retail presence, our team...

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...

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...