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 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 remains laser focused on delivering exceptional experiences and value for our customers. Our store experience is defined by our team of experts and exceptional services,...

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Envela Reports First Quarter 2021 Financial Results

Quarterly Net Income Up 71% Year-over-Year to $2.0 Million DALLAS, TX / May 5, 2021 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company"), today reported financial results for its first quarter ended March 31, 2021. Management Commentary "Envela...

Envela Announces Timing of Its First Quarter Earnings Results

DALLAS, TX / April 28, 2021 / Envela Corporation (AMEX:ELA) ("Envela" or the "Company"), announced that it plans to report its financial results for the first quarter after the market close on Wednesday, May 5, 2021. About Envela Envela and its subsidiaries engage in...

Envela Reports Fourth Quarter and Fiscal Year 2020 Financial Results

2020 Revenue Up 39% to Record $113.9M, Drives Net Income Over $6.4M DALLAS, TX / March 23, 2021 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company"), today reported financial results for the fourth quarter and full year ended December 31, 2020, which...

Argus Equity Report Raises Envela Valuation to $8 Per Share

DALLAS, TX / December 11, 2020 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company") announced that Steve Silver, analyst for Argus Research Co., a leading independent equity research firm since 1934, feels Envela remains uniquely positioned for...

Envela Subsidiary DGSE Opens New Grapevine Retail Store

DALLAS, TX / November 30, 2020 / DGSE, LLC ("DGSE"), a subsidiary of Envela Corporation (NYSE American:ELA) ("Envela" or the "Company") announced that it opened its Dallas Gold & Silver Exchange retail building in Grapevine, Texas. "Upgrading and moving our...

Envela Subsidiary Named One of the Top 100 Places to Work in DFW

DALLAS, TX / November 13, 2020 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company") announced today that it is excited about its subsidiary being named to Dallas Morning News' "Top 100 Places to Work 2020," an annual ranking of the best work...