EBF earnings analysis
What we found in EBF's 10-Q: the parts that mattered, the offsets in the same document, and what the company said about what comes next.
Our reading of the filing · Free to read, no account needed
Ennis, Inc. reported Q1 results for fiscal 2026 with revenues of $98.6 million and diluted EPS of $0.39, marking a marginal increase compared to the prior year's Q1 where revenues were $97.2 million and EPS was $0.38. The company's gross margin improved to 31.5%, reflecting better pricing discipline and product mix. Although facing organic sales volume declines due to weaker demand, growth attributed to acquisitions offset this downturn.
The parts that mattered.
Pulled out of the filing itself, with the figures the company reported.
- Revenue Increases Slightly
- Q1 revenue rose to $98.6 million, up 1.4% from $97.2 million in Q1 2025.
- EPS Growth
- Earnings per diluted share improved to $0.39 from $0.38 in the same quarter last year.
- Improved Gross Margin
- Gross profit margin increased to 31.5% from 31.1% year-over-year.
- Increased Operating Cash Flow
- Operating cash flow was $21.2 million compared to $8.0 million in Q1 2025.
- Cash Reserves Growth
- Cash and equivalents increased to $49.1 million from $34.6 million as of February 28, 2026.
- Working Capital Expansion
- Working capital grew 6.6% to $102.8 million from $96.4 million at the end of February 2026.
And the other side of it.
The offsets in the same document — the things a summary that only listed the good news would have left out.
- Declining Organic Sales
- Organic sales volume decreased by $3.1 million year-over-year due to weaker customer demand.
- Inflationary Input Costs
- Margins are pressured by input cost inflation and intense price competition in the industry.
- Supplier Consolidation Risks
- Ongoing consolidation among key customers may impact sales volumes and profit margins.
What they reported.
What the company itself reported, taken out of the document.
- Earnings per share
- $0.39
- Gross margin
- 31.5%
- Operating margin
- 13.8%
What they said about what is next.
Outlook deferred to earnings press release / call.
The filing reads about the same as the one before it.
What came before.
- 10-K · May 8, 2026
- Ennis, Inc. reported a slight decline in revenue to $392.4 million for fiscal year 2026 from $394.6 million in the prior year, driven by lower organic volumes but partially offset by increased contributions from…
This is our reading of a public filing, not the filing. Read the original on SEC.gov · Educational only. Nothing here is investment advice.
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