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 2021 Financial Results

Quarterly Net Income Up 280% Year-over-Year to $2.2 Million DALLAS, TX / August 4, 2021 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company"), today reported financial results for its second quarter ended June 30, 2021. Management Commentary "We...

Envela Announces Timing of Its Second Quarter Earnings Results

DALLAS, TX / July 31, 2021 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company"), announced that it plans to report its financial results for the second quarter after the market close on Wednesday, August 4, 2021. About Envela Envela and its...

Envela Expands Electronics-Trade-In Capabilities with Acquisition

DALLAS, TX / June 10, 2021 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company") announced today that its subsidiary CEX Holdings, LLC ("CEX") has purchased the assets of CExchange LLC, a leader in electronics-trade-in services for retailers. Envela...

Envela Continues DGSE Retail Expansion with Frisco Location

DGSE to purchase location for its second Dallas/Fort Worth flagship store DALLAS, TX / May 11, 2021 / DGSE, LLC ("DGSE"), a subsidiary of Envela Corporation (NYSE American:ELA) ("Envela" or the "Company"), has entered into an agreement to purchase a retail building in...

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...