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 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 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 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 Set to Rejoin Russell 3000® Index

DALLAS, TX / May 22, 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, is set to rejoin the broad-market...

Envela Reports Stellar First Quarter 2023 Financial Results

DALLAS, TX / ACCESSWIRE / May 3, 2023 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company"), today reported financial results for its first quarter ended March 31, 2023. The Company posted record revenue for the March quarter of $48.4 million, and...