Ennis, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended August 31, 2023
September 18, 2023 at 06:00 am EDT
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Ennis, Inc. reported earnings results for the second quarter and six months ended August 31, 2023. For the second quarter, the company reported sales was USD 106.76 million compared to USD 111.23 million a year ago. Net income was USD 10.91 million compared to USD 12.19 million a year ago. Basic earnings per share from continuing operations was USD 0.42 compared to USD 0.47 a year ago. Diluted earnings per share from continuing operations was USD 0.42 compared to USD 0.47 a year ago.
For the six months, sales was USD 218.05 million compared to USD 218.9 million a year ago. Net income was USD 22.55 million compared to USD 23.82 million a year ago. Basic earnings per share from continuing operations was USD 0.87 compared to USD 0.92 a year ago. Diluted earnings per share from continuing operations was USD 0.87 compared to USD 0.92 a year ago.
Ennis, Inc. is engaged in the business of manufacturing, designing and selling business forms and other printed business products, primarily to distributors located in the United States. The Company offers snap sets, continuous forms, laser cut sheets, tags, labels, envelopes, integrated products, jumbo rolls and pressure-sensitive products in short, medium and long runs. The Companyâs Adams McClure brand provides point of purchase (POP) advertising; the Admore, Folder Express, and Independent Folders brands provide presentation folders and document folders; Ennis Tag & LabelSM provides custom printed, labels and custom and stock tags; Allen-Bailey Tag & LabelSM, Atlas Tag & Label, Kay Toledo Tag, and Special Service Partners (SSP) provide custom and stock tags and labels; and Trade Envelopes, Block Graphics, Wisco, and National Imprint Corporation provide custom and imprinted envelopes. It operates approximately 54 manufacturing plants throughout the United States in 20 states.
ENNIS, INC. 
