Welcome to our dedicated page for Ennis news (Ticker: EBF), a resource for investors and traders seeking the latest updates and insights on Ennis stock.
Ennis, Inc. (NYSE: EBF) is a Midlothian, Texas-based manufacturer of business forms and other printed business and commercial products. The company describes itself as one of the largest private-label printed business product suppliers in the United States, serving a national network of distributors through production and distribution facilities located across the country.
This news page for EBF stock brings together the company’s press releases and related updates referenced in its Form 8-K filings. Readers can follow announcements on quarterly and annual financial results, where Ennis discusses net sales, gross profit margins, EBITDA as a non-GAAP measure, and net earnings per diluted share. These releases often include commentary on operating performance, inventory decisions and the impact of acquisitions on revenues and earnings per share.
Ennis also uses its news releases to report Board-approved quarterly cash dividends and, at times, special dividends on its common stock. Investors tracking EBF can monitor dividend declarations, record dates and payment dates, as well as information on share repurchase activity that the company has described in its communications.
Another key theme in Ennis news is acquisition activity. The company has announced acquisitions such as Printing Technologies, Inc., Northeastern Envelope and CFC Print & Mail, which expand its capabilities in commercial printing, envelopes, and business-document printing and mailing. News items may also cover governance developments, such as Board composition changes and annual meeting details.
By reviewing the Ennis, Inc. news feed, followers of EBF stock can see how the company presents its financial performance, capital allocation decisions, acquisition strategy and risk disclosures over time. This page is a useful starting point for understanding the company’s own narrative around its operations and business environment.
Ennis Inc. (NYSE: EBF) reported Q3 FY2024 financial results with revenues of $99.8 million, down 4.6% from $104.6 million in the same quarter last year. Despite lower revenue, earnings per diluted share increased to $0.39 from $0.38, and gross profit margin improved slightly to 29.3%. The company paid a special dividend of $2.50 per share on November 8, 2024, and declared a quarterly dividend of $0.25 per share payable on February 6, 2025.
For the nine-month period, revenues decreased 6.4% to $301.9 million, with net earnings of $31.2 million ($1.19 per diluted share). The company maintains a strong balance sheet with no debt and recently acquired a business contributing $3.3 million in revenues and $0.02 in diluted earnings per share for Q3.
Ennis, Inc. (NYSE: EBF) reported financial results for Q2 2024 ended August 31. Revenues decreased 7.3% to $99.0 million compared to $106.8 million in Q2 2023. Earnings per diluted share were $0.40, down from $0.42 in the same quarter last year. Gross profit margin slightly decreased to 30.1% from 31.0%.
For the six-month period, revenues decreased 7.3% to $202.1 million. Net earnings were $21.0 million or $0.80 per diluted share, compared to $22.5 million or $0.87 per diluted share last year.
The company completed the acquisition of Printing Technologies, Inc. to strengthen production capabilities and diversify product offerings. Ennis declared a quarterly cash dividend of $0.25 per share and a one-time special dividend of $2.50 per share, both payable on November 8, 2024.
Ennis has announced the acquisition of Printing Technologies, Inc. (PTI), a leading manufacturer of innovative media solutions located in Indianapolis, IN. Founded in 1994, PTI specializes in direct thermal, thermal transfer, ink jet, dot matrix, and laser printing technologies. Keith Walters, Chairman, President & CEO of Ennis, highlighted PTI's diverse product offerings and expressed excitement about the new capabilities this acquisition will bring to Ennis. Ennis, a major supplier of printed business products in the U.S., aims to leverage PTI's expertise to enhance its product portfolio.
Ennis reported Q1 financial results for the quarter ended May 31, 2024. Revenues were $103.1 million, a 7.4% decrease from $111.3 million last year. Earnings per diluted share dropped to $0.41 from $0.45. Gross profit margin slightly declined to 30.0% from 30.6%. Despite revenue drops, EBITDA rose from $18.1 million last quarter to $19.0 million this quarter. Ennis highlights strong balance sheets with no debt and significant cash. The company repurchased 91,883 shares at $19.79 each and increased investments in U.S. treasury bills by $2.6 million. A quarterly dividend of 25 cents per share was declared, payable on August 5, 2024. CEO Keith Walters noted improved margins due to disciplined cost management and pricing strategies.
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