Ennis Revenue Up in Second Quarter
For the six-month period, net sales increased from $268.6 million for the six months ended Aug. 31, 2009 to $283.8 million for the six months ended Aug. 31, 2010, or 5.7 percent. Print sales for the period were $136.9 million, compared to $145.6 million for the same period last year, or a decrease of 6.0 percent. Apparel sales for the period were $146.8 million, compared to $123.0 million for the same period last year, or an increase of 19.4 percent. Print margins increased from 27.5 percent to 29.2 percent, while apparel margins increased from 21.7 percent to 28.5 percent, for the six months ended Aug. 31, 2009 and 2010, respectively. Net earnings, for the period, increased from $16.2 million, or 6.0 percent of sales, for the six months ended Aug. 31, 2009 to $25.2 million, or 8.9 percent of sales, for the six months ended Aug. 31, 2010. Diluted earnings increased from $0.63 per share to $0.97 per share for the six months ended Aug. 31, 2009 and 2010, respectively.
- Companies:
- Ennis
- Places:
- Midlothian, Texas