earnings
confidence high
sentiment positive
materiality 0.60
Ennis Q1 revenue up 3.3% to $111.3M, EPS flat at $0.45; acquisitions add $0.04 EPS
ENNIS, INC.
2024-Q1 EPS reported
$0.45
revenue$111,294,000
- Revenues $111.3M (+3.3% YoY); diluted EPS $0.45 (flat); gross margin 30.6% vs 31.6%.
- Acquisitions (School Photo Marketing, Stylecraft) added $4.1M sales and $0.04 EPS; UMC Print acquired June 2.
- EBITDA stable at $20.5M (18.4% of sales) vs prior year $20.5M (19.1%).
- Awarded $5.0M damages in Wright Printing litigation (not yet recognized); legal expenses reduced EPS $0.03.
- Quarterly dividend declared (amount not specified in release).