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Newsbrief
Ennis Reports Strong First Quarter
Ennis Business Forms, DeSoto, Texas, announced that the company's financial position continues to be strong for the first quarter.
Working capital increased from $32,780,000 at the end of February to $36,406,000 at the end of May. Net sales for the 1st quarter increased 17.8 percent from the corresponding period in the prior year. Gross profit margins increased from 30.2 percent in the 1st quarter of 1999 to 31.4 percent in the 1st quarter of 2000.
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