Ennis, Inc. Reports Results for the Quarter Ended August 31,2022

The Company’s revenues for the second quarter ended August 31, 2022 were $111.2 million compared to $100.5 million for the same quarter last year, an increase of $10.7 million, or 10.6%. Gross profit margin was $35.2 million, or 31.7%, as compared to $28.9 million, or 28.8%, for the same quarter last year. Net earnings for the quarter were $12.2 million, or $0.47 per diluted share, as compared to $7.5 million, or $0.29 per diluted share, for the same quarter last year.

The Company’s revenues for the six-month period ended August 31, 2022 were $218.9 million compared to $197.4 million for the same period last year, an increase of $21.5 million or 10.9%. Gross profit margin was $69.2 million, or 31.6%, as compared to $58.1 million, or 29.4% for the six-month periods ended August 31, 2022 and August 31, 2021, respectively. Net earnings for the six-month period ended August 31, 2022 were $23.8 million, or $0.92 per diluted share compared to $14.8 million, or $0.57 per diluted share for the same period last year.
details at: https://www.ennis.com/press-releases/financial/ennis-inc-reports-results-for-the-quarter-ended-august-31-2022/

Related Posts

Heidelberg presents its new digital press for creative commercial applications

The new Versafire EV is able to print white first and the CMYK process colors on top, creating strong luminous images when printing on colored substrates and achieving new unusual effects. Where previously several processes were required, it is all done now in a single pass. The new automatic inline calibration and inline register provide a high degree of stability, precision and improved quality. Inline color measurement and automatic calibration take place ahead of the printing process and ensure constant color stability across the entire run. Top image quality is achieved thanks to the new resolution of 4,800 × 2,400 dpi. Click Read More below for additional information.

Ennis Announces New General Manager of PrintXcel

Ennis, Inc. announced Jeff Monarch as the new General Manager of PrintXcel, located in Fairhope, Alabama. PrintXcel has more than 50 years of experience in printing products and services including checks and forms, direct mail, label form products, multipart mailers, online ordering and print procurement solutions and more. Jeff has been at the PrintXcel facility in Fairhope, Alabama for 31 years. He started in 1990 as a bailer, then became a press operator, and in 2006, he was promoted to Production Manager. In his new role, he will utilize his experience to continue to evolve and grow the business.

Printer Jam: Serious Supply Issues Disrupt the Book Industry’s Fall Season (nytimes.com)

Capacity issues at the two largest printing companies are among the factors creating havoc for authors and publishers. This spring, when the pandemic forced bookstores across the country to close and authors to cancel their tours, many editors and publishers made a gamble. They postponed the publication of dozens of titles, betting that things would be back to normal by the fall. Now, with September approaching, things are far from normal. Books that were bumped from spring and early summer are landing all at once, colliding with long-planned fall releases and making this one of the most crowded fall publishing seasons ever. And now publishers are confronting a new hurdle: how to print all those books. read more at: https://www-nytimes-com.cdn.ampproject.org/c/s/www.nytimes.com/2020/08/27/books/printing-companies-backlog-book-publishing.amp.html
Back To Top
×Close search
Search