Ennis Q3 revenue up 11.5% to $103.0M; EPS down 9.4% to $0.29 due to inflation and facility consolidation

ENNIS, INC.

2022-Q3 EPS reported $0.85 revenue$300,349,000

Revenue $103.0M vs $92.4M (+11.5% YoY); diluted EPS $0.29 vs $0.32 (-9.4%).
Gross margin fell to 28.4% from 30.4% due to paper cost inflation and $1.4M consolidation charges ($0.04 EPS).
Acquisitions contributed $7.8M revenue and $0.03 diluted EPS in the quarter.
Non-cash pension settlement charge of $0.7M ($0.02 EPS) recorded.
Quarterly dividend declared (amount not specified in provided excerpt).

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