Ennis Sales Grow Despite Lower Earnings

Ennis Inc., a company known for print and apparel products, shared its latest earnings report. The company sold more goods this past quarter. Sales went up by 3.6%. That is a good sign for the business.

However, Ennis earned less money than before. Its earnings per share dropped from $0.42 to $0.32. This means that even with more sales, the company's profit was smaller.

The company spent more on legal matters. These costs weighed on its profits. The report suggests that if these legal expenses were not there, Ennis would have shown stronger financial health. This could mean the company is performing better than the numbers first appear.

Ennis is working through these legal issues. Investors watch how these costs change over time. The core business of selling products still shows growth.

Source: Yahoo Finance