Ennis Reports Revenue Increase Due to Apparel Sales
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MIDLOTHIAN, TX—Jun 21, 2010—Ennis, Inc. (EBF) today reported financial results for the first quarter ended May 31, 2010.
Highlights
• Consolidated revenues for the quarter increased 7.6% over the comparable quarter last year.
• Net earnings increased 97.0% over the comparable quarter.
Financial Overview
For the quarter, consolidated net sales increased by $9.9 million, or 7.6%, from $130.8 million for the quarter ended May 31, 2009 to $140.7 million for the quarter ended May 31, 2010. Print sales for the quarter were $67.8 million, compared to $71.7 million for the same quarter last year, or a decrease of 5.4%. Apparel sales for the quarter were $73.0 million, compared to $59.1 million for the same quarter last year, or an increase of 23.5%.
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- Ennis Inc.
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