Ennis (EBF) Declares $0.175 Quarterly Dividend; 4.2% Yield; Adds $20M to Repurchase Program
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Ennis, Inc. Reports Results for the Three and Nine Months Ended November 30, 2016, Declares Quarterly Dividend and Announces Additional $20 Million Apportionment to Its Stock Repurchase Program
December 20, 2016 5:20 PM ESTMIDLOTHIAN, Texas--(BUSINESS WIRE)-- Ennis, Inc. (the Company"), (NYSE: EBF), today reported financial results for the three and nine months ended November 30, 2016.
Highlights for continuing operations (which excludes the former Alstyle apparel segment) include:
Adjusted diluted earnings per share (a non-GAAP financial measure) was $0.27 for the quarter and $0.91 for the nine month period, compared to $0.33 and $1.05 for the comparative periods last year. Adjusted gross profit margin (a non-GAAP financial measure) was 30.1% for the quarter and 31.4% for the nine month period, compared to 30.5% and 30.9% for the comparative periods last... More
