Company
Envela Corporation
Headquarters: Dallas, TX, United States
Founded: 1965
Employees: 152
CEO: Mr. John Richardson Loftus
Market Cap
$129.3 Million
USD as of July 1, 2024
Envela Corporation Categories
United States Consumer Discretionary Specialty RetailUnited States Consumer Discretionary United States Specialty Retail
Top Competitors by Market Capitalization
Industry: Specialty Retail
| Company | Market Cap (USD) |
|---|---|
| O'Reilly Automotive, Inc. | $60.10 B |
| AutoZone, Inc. | $48.09 B |
| Tractor Supply Company | $28.21 B |
| Ulta Beauty, Inc. | $18.59 B |
| Genuine Parts Company | $18.58 B |
Detailed Description
Envela Corporation, together with its subsidiaries, primarily buys and sells jewelry and bullion products to individual consumers, dealers, Fortune 500 companies, municipalities, school districts, and other organizations in the United States. It offers jewelry and fine-watch products, including bridal jewelry, fashion jewelry, custom-made jewelry, diamonds, and other gemstones, as well as watches and jewelry components. The company also buys and sells various forms of gold, silver, platinum, and palladium products, including United States and other government coins, private mint medallions, art bars, and trade unit bars; and numismatic items, such as rare coins, currency, medals, tokens, and other collectibles, as well as provides jewelry and watches repair services. In addition, it offers end-of-life electronics recycling services; IT-asset disposition services; and services to companies in the areas of software upgrades, and hardware or networking capabilities, as well as moving to cloud services. As of December 31, 2020, Envela Corporation marketed its products and services through six retail locations under various banners, including Charleston Gold & Diamond Exchange, and Dallas Gold & Silver Exchange, as well as through cgdeinc.com, dgse.com, echoenvironmental.com, ITADUSA.com, and teladvance.com e-commerce sites. The company was formerly known as DGSE Companies, Inc. and changed its name to Envela Corporation in December 2019. Envela Corporation was incorporated in 1965 and is headquartered in Irving, Texas.
Top 1-year algo backtest: +265.99%
$10,000 in October 2023 would now be $36,599 by following this algorithm daily at market close.
Use AI to boost your investing & swing trading, now!
Try Disfold DeepFinance FREE
Stocks & Indices
Envela Corporation has the following listings and related stock indices.
Stock: NYSE: ELA wb_incandescent
Key People
John Loftus, CEO C. Bret Pederson, CFO
Financials
Revenue: US$82 million (2019)