Ennis(NYSE) EBF

Ennis, Inc. makes essential business forms, labels, envelopes, folders, and school photo marketing items. They help companies track information and mail documents safely. Products reach customers through a national network of independent distributors.

What Does Ennis Make?

• Business Documents: Custom forms, snap sets, and laser-cut sheets; most items are built to specific customer orders.
• Envelopes and Folders: Stock and imprinted envelopes, along with presentation and document folders.
• Identification Items: High-performance labels, custom tags, and school portrait marketing materials.
• Security Documents: Pressure-seal documents and secure financial papers for large banking organizations.

Acquisitions and New Markets

• Acquired the assets and business of CFC Print & Mail on Nov. 14, 2025.
• Purchased Northeastern Envelope Company and Envelope Superstore on April 11, 2025.
• Expanded product offerings in specialty packaging, healthcare wristbands, and secure documents.

Why the Network Matters

Ennis operates approximately 50 manufacturing plants across 20 states to maintain consistent service levels for its national distributor network. The company uses its significant buying power to purchase raw materials at more favorable prices than smaller competitors.

The Scorecard for fiscal 2027 (calendar 2026)

• Net sales were $102.0 million for the three months ended Aug. 31, 2026, up 3.3% year over year.
• Income from operations was $13.6 million for the three months ended Aug. 31, 2026, up 9.7% year over year.
• Cash and cash equivalents reached $54.0 million as of Aug. 31, 2026.
• Net earnings were $19.3 million for the six months ended Aug. 31, 2026.

Bottom Line

Ennis has transitioned from a traditional form manufacturer into a diversified print services provider. The company uses strategic acquisitions to maintain its leading position in the distributor market.