Ennis Sales Rise 3.3% but Net Earnings Fall to $9.4 Million
Ennis grew Q3 revenue 3.3% to $102 million but earnings fell to $9.4 million. Litigation swings mask a $0.02 EPS gain; paper costs cut gross margin 60 bps.
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Cash Flow
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Ennis grew Q3 revenue 3.3% to $102 million but earnings fell to $9.4 million. Litigation swings mask a $0.02 EPS gain; paper costs cut gross margin 60 bps.