Ennis Company Sees Higher Sales, Lower Profits

Ennis Inc. makes many paper products for businesses. The company prints forms, checks, and other important items. Recently, Ennis shared its financial results. The company's sales went up. This shows more customers bought Ennis products.

Even with higher sales, Ennis made less money. The company spent more on some costs. They bought a business called PrintX. This purchase added new costs. Ennis also spent more on legal fees. These fees are for a lawsuit about pension plans.

Some believe the legal costs hide how well Ennis is truly doing. Without these extra expenses, the company might show stronger earnings. Investors watch these numbers closely. They want to know if Ennis will make more money in the future.

Ennis is working to combine the new PrintX business. This can help the company grow bigger. It may also help lower costs over time. Investors hope to see profits rise once these extra costs are gone.

Source: Yahoo Finance