Ennis Q2 revenue $100.5M (+16% YoY), EPS $0.29 (+16% YoY); declares quarterly dividend

ENNIS, INC.

2022-Q2 EPS reported $0.57 revenue$197,381,000

Revenue $100.5M, up 16% from $86.6M; diluted EPS $0.29 vs $0.25; both up 16%.
Gross profit margin 28.8%, down slightly from 29.0% as inflation impacted costs.
Acquisitions contributed $6.7M revenue and $0.02 EPS in the quarter.
Company may pursue pension settlement charge of ~$2.3M; also considering bank line nonrenewal.
Six-month revenue $197.4M (+12.4%); net earnings $14.8M ($0.57/diluted share) vs $10.6M ($0.41).

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