Core Insights - Conestoga Capital Advisors reported that equity markets reached new all-time highs in Q3 2025, but their Smid Cap Composite underperformed the Russell 2500 Growth Index, returning -1.1% net-of-fees compared to the index's +10.7% [1] Company Overview - EVI Industries, Inc. is a distributor and consolidator of commercial laundry and dry-cleaning equipment, parts, and related services across the United States [3] - The company has seen solid demand for its commercial laundry equipment and services, and it anticipates a meaningful improvement in margins following the acquisition of Girbau North America [3] Stock Performance - EVI Industries, Inc. experienced a one-month return of -20.21% but gained 42.64% over the last 52 weeks, with a closing stock price of $27.52 and a market capitalization of $346.233 million as of October 17, 2025 [2] Investor Sentiment - EVI Industries, Inc. is not among the 30 most popular stocks among hedge funds, with only 2 hedge fund portfolios holding the stock at the end of Q2 2025, down from 3 in the previous quarter [4] - Despite acknowledging EVI's potential, the company believes that certain AI stocks offer greater upside potential and less downside risk [4]