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 Q4 revenues of $99.7 million, a 10.9% increase year-over-year, and annual revenues of $400.0 million, up 11.7%. Diluted EPS rose to $0.26 for the quarter and $1.11 for the fiscal year. Gross profit margins fell to 27.5% for Q4 and 28.7% for the year. The quarter was impacted by a $0.3 million pension settlement charge, and the year saw a $1.1 million charge. The company faced rising raw material costs, but strong vendor relationships helped meet customer demand. The financial condition remains strong with no debt and increased share repurchase activity.
Ennis, Inc. (NYSE: EBF) has declared a quarterly cash dividend of $0.25 per share, payable on May 9, 2022 to shareholders recorded as of April 18, 2022. This dividend reflects the company’s ongoing commitment to providing returns to its shareholders. Established in 1909, Ennis, Inc. is a leading manufacturer of business forms and products in the United States, with a strong distribution network.
Ennis reported Q3 2021 revenues of $103.0 million, an increase of 11.5% from the previous year. However, earnings per diluted share decreased 9.4% to $0.29. Gross profit margins fell to 28.4% due to inflationary pressures and consolidation of manufacturing facilities. Year-to-date revenues reached $300.3 million, up 12.0%, with net earnings at $22.3 million or $0.85 per share, a 17.4% increase. A quarterly dividend of $0.25 per share is declared, payable on February 3, 2022.
Ennis Inc. (NYSE: EBF) reported a strong financial performance for Q2 ended August 31, 2021, with revenues increasing by 16% to $100.5 million compared to $86.6 million last year. Net earnings rose to $7.5 million, or $0.29 per diluted share, up from $6.4 million, or $0.25 per diluted share. Despite a slight decrease in gross profit margin to 28.8%, EBITDA margins remained stable. The company declared a dividend of $0.25 per share, payable on November 5, 2021. Management is confident about future growth despite facing inflationary pressures.
Ennis, Inc. (NYSE: EBF) has appointed Ms. Vera Burnett as CFO and Treasurer, and Mr. Dan Gus as General Counsel effective June 21, 2021. Keith S. Walters, the company's CEO, expressed confidence in Burnett's capabilities, noting her prior service as Interim CFO since September 2020. Burnett, a seasoned professional with a CPA designation, joined Ennis in 1997. Gus, a law firm president with extensive legal experience, is expected to enhance the management team. This leadership transition aims to strengthen Ennis's financial oversight and legal expertise.
Ennis reported a strong first quarter ending May 31, 2021, with revenues reaching $96.9 million, up 8.9% from $89.0 million in the prior year. Earnings per diluted share surged 75% to $0.28 compared to $0.16 in the same quarter last year. Gross profit margin improved to 30.1% from 26.9%. The company's acquisition of InfoSeal contributed $5.2 million in sales. Ennis holds a solid cash balance of $81.3 million and announced an 11.1% increase in quarterly dividends.
Ennis, Inc. (NYSE: EBF) has acquired the assets and business of AmeriPrint Corporation, a trade printer based in Harvard, Illinois. The acquisition, completed on May 31, 2021, enhances Ennis's capabilities, particularly in custom-printed documents, barcoding, and business forms. AmeriPrint has a strong reputation for customer service and a 30-year history in the print industry. Operations will continue under the AmeriPrint brand with the same workforce, ensuring stability and continuity post-acquisition.
Ennis, Inc. (NYSE: EBF) reported financial results for the quarter and fiscal year ending February 28, 2021. Revenues for the fourth quarter were $89.9 million, a decrease of 15.7% year-over-year, and $358.0 million for the fiscal year, reflecting an 18.3% decline. Earnings per diluted share decreased to $0.20 from $0.33 in the prior quarter. Gross profit margin improved to 29.6% for the quarter. The Board declared an 11% increase in quarterly dividends to $0.25 per share.
Ennis, Inc. (NYSE: EBF) has announced a quarterly cash dividend of $0.225 per share, to be paid on May 3, 2021, to shareholders of record as of April 12, 2021. The company, established in 1909 and based in Midlothian, Texas, is a leading manufacturer of business forms and printed products across the United States. Ennis's diverse product range includes custom business solutions and promotional materials, supported by strategically placed production and distribution facilities. Visit www.ennis.com for more details.
Ennis, Inc. (NYSE: EBF) announced its subsidiary's intent to acquire assets and assume liabilities of Infoseal LLC, a provider of pressure seal and tax forms products. The acquisition, effective December 31, 2020, aims to enhance Ennis's product offerings and is expected to be accretive to earnings this year. Infoseal will continue operations at its current facility with existing employees, ensuring no disruption in service. This strategic move is aligned with Ennis's goal of supporting independent distributors with a broader range of industry-leading products.