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 (EBF) delivers essential print solutions for commercial and industrial sectors across North America. This dedicated news hub provides investors and industry professionals with direct access to official corporate announcements and market-relevant updates.
Monitor critical developments including quarterly earnings reports, production facility expansions, and new product launches within the business forms sector. Our curated collection features verified press releases detailing operational milestones, leadership updates, and strategic partnerships that shape the company's position in commercial printing markets.
Key updates cover manufacturing innovations, distribution network enhancements, and quality control initiatives central to EBF's operations. Users gain insights into how evolving print technologies and supply chain strategies impact the company's market performance.
Bookmark this page for streamlined access to Ennis Inc's latest verified communications. Combine real-time updates with historical context to track the company's progress in meeting commercial printing demands across financial, retail, and industrial sectors.
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.
FAQ
What is the current stock price of Ennis (EBF)?
What is the market cap of Ennis (EBF)?
