Edition:
India

Ennis Inc Q2 Earnings Per Share $0.37


Tuesday, 25 Sep 2018 

Sept 25 (Reuters) - Ennis Inc ::ENNIS, INC. REPORTS RESULTS FOR THE THREE AND SIX MONTHS ENDED AUGUST 31, 2018 AND DECLARES QUARTERLY DIVIDEND.Q2 EARNINGS PER SHARE $0.37.Q2 REVENUE ROSE 3.9 PERCENT TO $98.6 MILLION.INDUSTRY CONTINUES TO BE CHALLENGED BY RAW MATERIAL & FREIGHT COST INCREASES.TIGHT SUPPLY CONDITIONS HAVE ALLOWED FOR MULTIPLE PRICE INCREASES FOR RAW MATERIALS OVER LAST 8 MONTHS.DO EXPECT PRICING AND COSTS IN MARKETPLACE TO NORMALIZE OVER LONG TERM.ENNIS - PRICE INCREASE FOR RAW MATERIALS TO CONTINUE TO HAVE NEGATIVE IMPACT ON EARNINGS TILL MANUFACTURERS PASS INCREASED COSTS THROUGH TO MARKETPLACE. 

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20.09
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21 Aug 2019