Envela CORP

Market Movers (8-K)

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Envela Corporation stockholders re-elected the board of directors and ratified the appointment of Whitley Penn LLP as the independent auditor for 2026.
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Envela Corporation announced the extension of its stock repurchase plan through March 31, 2028, allowing for the repurchase of up to 1.1 million shares.
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Envela Corporation announced the appointment of Vince A. Ackerson, a former Vice Chairman at Texas Capital Bank, as an independent director to its Board, effective July 14, 2025.
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Envela Corporation's stockholders approved the 2025 Equity Incentive Plan and elected six directors at their annual meeting on June 25, 2025, with high voter participation.
Delay expected
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Envela Corporation's Board of Directors approved amended and restated bylaws, effective April 17, 2025, modifying the board's composition and procedures for filling vacancies.
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Envela Corporation's board has authorized the repurchase of an additional 100,000 shares of its common stock, increasing the total authorization to 1,100,000 shares.

Quarterly Earnings (10-Q)

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Envela Corporation's Q2 2026 results show a substantial increase in sales and net income, driven by robust performance across its consumer and commercial segments.
Better than expected
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Envela Corporation reported a significant increase in sales for the first quarter of 2026, driven by strong performance in its consumer segment and improved pricing in its commercial segment.
Better than expected
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Envela Corporation reported a significant increase in net income and sales for the third quarter and first nine months of 2025, driven by robust performance in its Consumer segment and improved Commercial segment margins.
Better than expected
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Envela Corporation reported significant financial growth for Q2 2025, with net income surging 76% and sales up 21.1% driven by its Consumer Segment.
Better than expected
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Envela Corporation's Q1 2025 results show a significant increase in sales and net income, primarily driven by the consumer segment's performance.
Better than expected
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Envela Corporation's Q3 2024 results show a revenue increase but a slight decrease in net income, with notable growth in the commercial segment and strategic expansion in the consumer segment.
Worse than expected

Annual Reports (10-K)

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Envela Corporation's 2024 10-K filing reveals a mixed financial performance, with increased commercial segment sales offset by challenges in the consumer segment amid a complex economic landscape.
Worse than expected
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Envela Corporation's 2023 annual report reveals a decrease in revenue and net income compared to the previous year, amidst market fluctuations and strategic investments.
Worse than expected

Insider Trading (Form 4)

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Envela Corp CFO John DeLuca acquired 55 shares of common stock at a price of $23.94 per share.
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Envela Corp's CFO, John DeLuca, acquired 90 shares of common stock at $11.78 per share, increasing his direct beneficial ownership to 3,141 shares.
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Envela Corp's Chief Financial Officer, John DeLuca, purchased 280 shares of common stock at $7.09 per share.
Better than expected
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Envela Corp's Chief Financial Officer, John Garrett DeLuca, has increased his direct ownership in the company by purchasing 500 shares of common stock for $5.81 per share, signaling management confidence.
Better than expected
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Envela Corp's CFO, John DeLuca, purchased 125 shares of common stock at $7.48 per share on December 5, 2024.
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Envela Corp's CFO, John Garrett DeLuca, purchased 400 shares of the company's common stock at a price of $5.1524 per share on August 22, 2024.

Proxy Statements (Def-14A)

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Envela Corporation has issued its proxy statement for the 2026 Annual Meeting of Stockholders, scheduled for June 24, 2026, to elect directors and ratify independent auditors.
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Envela Corporation's 2025 Annual Meeting of Stockholders will be held on June 25, 2025, to elect directors, ratify the accounting firm, and vote on executive compensation and an equity incentive plan.
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Envela Corporation will hold its 2024 Annual Meeting of Stockholders virtually on June 28, 2024, to elect directors, ratify the appointment of auditors, and consider other business matters.