Ennis Inc
Q1 2027 Earnings
Market Reaction
S&P 500 over the same 30 days: −0.83%.
Did EBF Beat Earnings? Q1 2027 Results
Ennis, Inc. matched Wall Street's expectations in its fiscal first quarter 2027, delivering earnings of $0.39 per diluted share in line with the $0.39 consensus while nudging revenue slightly ahead of forecasts, with sales of $98.61 million edging past the $98.20 million estimate and rising 1.5% year over year. The modest top-line growth was supported in part by acquisitions completed during fiscal 2026, which contributed roughly $4.50 million in revenue, while gross profit margin expanded to 31.5% from 31.1% a year ago, reflecting disciplined pricing and operational efficiencies. Perhaps the quarter's most notable operational story was Ennis's proactive response to the closure of the sole domestic carbonless paper producer; the company secured inventory and alternative supply sources, avoiding any disruption to customers. The balance sheet finished the period debt-free with cash climbing to $49.08 million, bolstered by operating cash flow of $21.23 million. Management indicated confidence in the company's positioning for the remainder of fiscal 2027, pointing to its strong liquidity and acquisition strategy as key drivers of continued stability.
- Revenue increased 1.4% year-over-year
- Gross profit margin improved to 31.5% from 31.1% in prior-year quarter and 29.2% sequentially
- Acquisitions completed during fiscal 2026 contributed approximately $4.5 million in revenue and $0.02 to diluted EPS
- Operating cash flow increased to $21.2 million from $8.0 million in prior-year quarter
- Disciplined pricing practices and operational efficiencies
“Our performance for the quarter met our expectations. Revenue increased 1.4% over the prior-year quarter, while gross profit margin improved to 31.5%, compared to 31.1% in the prior year and 29.2% in the fourth quarter of fiscal 2026. EBITDA increased to $18.0 million or 18.2% of sales, compared to $17.7 million, or 18.2% of sales, in the same quarter last year.”
Ennis CEO, on the earnings call
Forward Guidance & Outlook
Management expressed confidence in the company's positioning for the remainder of fiscal year 2027, citing its strong balance sheet, disciplined cost structure, and acquisition strategy. The company does not anticipate any disruption from the closure of the sole domestic carbonless paper producer, having proactively secured inventory and alternative supply sources. The company maintains ample liquidity to support operations, pursue acquisition opportunities, and return capital to shareholders.
EBF YoY Financials
Figures from SEC filings and company reports. Not investment advice.