Ennis Posts Overall Sales Increase, Print Segment Decline
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Net earnings for the quarter decreased from $13.0 million, or 9.3 percent of sales, for the quarter ended May 31, 2010, to $11.4 million, or 8.0 percent of sales, for the quarter ended May 31, 2011.
The company, during the quarter, generated $21.9 million in EBITDA (earnings before interest, taxes, depreciation, and amortization) compared to $23.7 million for the comparable quarter last year.
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