Brief: Ennis Inc Q2 Earnings Per Share $0.37

Ennis

25/09/2018 11:35

Sept 25 (Reuters) - Ennis Inc  EBF.N :
    * ENNIS, INC. REPORTS RESULTS FOR THE THREE AND SIX MONTHS
ENDED
AUGUST 31, 2018 AND DECLARES QUARTERLY DIVIDEND
    * Q2 EARNINGS PER SHARE $0.37
    * Q2 REVENUE ROSE 3.9 PERCENT TO $98.6 MILLION
    * INDUSTRY CONTINUES TO BE CHALLENGED BY RAW MATERIAL &
FREIGHT
COST INCREASES
    * TIGHT SUPPLY CONDITIONS HAVE ALLOWED FOR MULTIPLE PRICE
INCREASES FOR RAW MATERIALS OVER LAST 8 MONTHS
    * DO EXPECT PRICING AND COSTS IN MARKETPLACE TO NORMALIZE
OVER
LONG TERM
    * ENNIS - PRICE INCREASE FOR RAW MATERIALS TO CONTINUE TO
HAVE
NEGATIVE IMPACT ON EARNINGS TILL MANUFACTURERS PASS INCREASED
COSTS THROUGH TO MARKETPLACE

Source text for Eikon:  urn:newsml:reuters.com:*:nBw5HwldCa
Further company coverage:  EBF.N 

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