Ennis Posts Overall Sales Gain as Print Sales Decline
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• Consolidated gross profit margins increased 280 basis points (“bps”) over the comparable nine month period last year.
• Diluted earnings per share increased from $0.98 per share for the same period last year to $1.34 for the current period, or an increase of 36.7 percent.
Financial Overview
For the quarter, consolidated net sales increased by $7.0 million, or 5.5 percent, from $127.8 million for the quarter ended Nov. 30, 2009 to $134.8 million for the same quarter of 2010.
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- Companies:
- Ennis Inc.
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