Ennis Inc ( (EBF) ) has released its Q4 earnings. Here is a breakdown of the information Ennis Inc presented to its investors.
Ennis, Inc., a leading private-label printed business product supplier in the United States, has released its financial results for the quarter and fiscal year ending February 28, 2025. The company, headquartered in Midlothian, Texas, specializes in manufacturing and distributing a wide range of printed and electronic media products across the nation.
In its latest earnings report, Ennis, Inc. disclosed a decrease in revenues for both the quarter and the fiscal year, with quarterly revenues at $92.7 million and annual revenues at $394.6 million, marking a decline of 4.8% and 6.1% respectively compared to the previous year. Despite the revenue drop, the company managed to slightly improve its gross profit margin for the quarter to 29.5%, up from 28.4% in the same period last year.
Key financial metrics reveal that earnings per diluted share fell to $0.35 for the quarter and $1.54 for the fiscal year, compared to $0.39 and $1.64 respectively in the prior year. The company attributed the revenue decline to competitive pricing pressures, though it noted a slight improvement in gross profit margins due to operational efficiencies and successful integration of recent acquisitions.
Looking ahead, Ennis, Inc. remains optimistic about its financial health, boasting a strong cash position of $72.5 million and no debt. The company has returned $92.0 million to shareholders through dividends, including a special dividend of $2.50 per share. Management is focused on leveraging its financial stability to pursue further acquisition opportunities and continue delivering value to shareholders through consistent profitability and dividends.