Ennis Q1 Revenue Up 1.4% to $98.6M, Gross Margin Improves
Summary
Ennis reported Q1 revenue increased 1.4% year-over-year to $98.6 million, slightly exceeding analyst estimates. Gross margin improved to 31.5% from 31.1%, while diluted EPS remained flat at $0.39, meeting expectations. Acquisitions completed in fiscal 2026 contributed $4.5 million in revenue and $0.02 to diluted EPS, demonstrating the continued impact of the company's strategic growth initiatives previously noted in its 10-K filing. The results indicate that the acquisition strategy is effectively driving modest top-line growth and margin expansion.
At the time of this announcement, EBF was trading at $20.33 on NYSE in the Industrial Applications And Services sector, with a market capitalization of approximately $514.3M. The 52-week trading range was $16.30 to $22.36. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Reuters.