Apparel Sales Lift Ennis as Printing Sales Sag
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Apparel sales for the period were $146.8 million, compared to $123.0 million for the same period last year, or an increase of 19.4%. Apparel margins increased from 21.7% to 28.5%.
Net earnings, for the period, increased from $16.2 million, or 6.0% of sales, for the six months ended August 31, 2009 to $25.2 million, or 8.9% of sales, for the six months ended August 31, 2010. Diluted earnings increased from $0.63 per share to $0.97 per share for the six months ended August 31, 2009 and 2010, respectively.
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- Companies:
- Ennis Inc.
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