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.

Four Nines Announces Grand Openings in San Antonio

SAN ANTONIO, TX / October 15, 2024 / Four Nines, the innovative retail concept from Envela Corporation, is excited to announce the grand opening of its newest two stores in San Antonio, Texas, at 8597 Blanco Road and 17641 Bulverde Road. The Bulverde store had a soft opening over the past couple of weeks, and both stores will officially open their doors on Tuesday, October 15th, bringing a fresh and unique shopping experience to the local...

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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...

Envela CEO to Participate in Fireside Chat and Q&A

LAS VEGAS, NV / ACCESSWIRE / April 13, 2023 / Today, Envela Corporation (NYSE American:ELA) - the North American re-commerce leader - announced that its CEO, John Loftus, will participate in a live fireside chat moderated by Ryan Irvine, to discuss the company's...

Envela Advances Re-commerce Revolution with Retail Expansion Plans

LAS COLINAS, TX / ACCESSWIRE / April 6, 2023 / Today, Envela Corporation (NYSE American:ELA) - the North American re-commerce leader - announced that as part of its quest to double its retail business in the next two years it expects to open at least 4 new retail...

Envela Board Authorizes Repurchase of up to 1 Million Shares

IRVING, TX / ACCESSWIRE / March 17, 2023 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company"), the North American re-commerce leader, today announced that its Board of Directors authorized a share repurchase program for up to 1 million shares of its...