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) 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.
Ennis reported Q3 2020 revenues of $92.4 million, down 19.6% year-over-year but up 6.7% sequentially. Earnings per diluted share were $0.32, a decline from $0.41 last year, yet a 28.0% increase from Q2 2020. Gross profit margin improved to 30.4% from 29.5% year-over-year. For the nine-month period, revenues dropped to $268.1 million from $331.7 million last year. The board declared a quarterly cash dividend of 22.5 cents per share, payable February 4, 2021. The company aims to manage costs while exploring acquisitions despite ongoing economic challenges from COVID-19.