ENNIS, INC. reported first-quarter 2026 results with revenue of $98.6M, essentially flat net income of $9.879M and diluted EPS of $0.39 versus the year‑ago quarter, reflecting modest top-line growth driven by recent acquisitions amid continued pressure on organic demand.
Financial Highlights
- Revenue was $98.6M for Q1 2026, up from $97.2M in the year‑ago quarter; YoY change 1.4%.
- Net income was $9.879M for Q1 2026, compared with $9.799M in the year‑ago quarter; YoY change 0.8%.
- Diluted EPS was $0.39 for Q1 2026, compared with $0.38 in the year‑ago quarter; YoY change 2.6%.
Business Highlights
- Revenue growth of 1.4% to $98.6M was largely driven by acquisitions that offset declines in organic volumes.
- Ongoing pressure from digital alternatives and distributor consolidation continued to weigh on organic demand.
- Completed acquisitions of CFC, NEC and ESS, adding roughly $33M of pro forma annual sales and increasing operational capacity.
- Gross margin improved to 31.5% owing to pricing discipline, favorable product mix and integration benefits.
- Management pursued a proactive supply-chain and inventory strategy, including strategic stockpiling of carbonless paper and alternate sourcing to mitigate mill closure risk.
Original SEC Filing:
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