Ennis, Inc. has recently released its 10-Q report for the period ended August 31, 2025. The company, which was founded in 1909 and is headquartered in Midlothian, Texas, is a leading provider of business forms, pressure-seal forms, labels, tags, envelopes, and presentation folders to independent distributors in the United States. Ennis, Inc. operates 55 manufacturing plants in 20 strategically located states and sells its products primarily through independent distributors, commercial printers, direct mail, software companies, and advertising agencies.
In the 10-Q report, Ennis, Inc. discusses its management’s view of the financial condition and results of operations. The report includes a cautionary statement regarding forward-looking statements, emphasizing that all statements in the report, other than historical facts, are forward-looking. The company notes that forward-looking statements are subject to known and unknown risks, uncertainties, and other factors, which could cause actual results to differ materially from those expressed in the statements. Ennis, Inc. also highlights the risks related to general economic, business, and labor conditions, dependence on key suppliers, rising costs of raw materials, and the impact of technological changes in the industry. The company also discusses its recent acquisitions of NEC and ESS, which are expected to strengthen its production capabilities in the Northeast United States.
Ennis, Inc. acknowledges the challenges faced by the industry, including the transformation of its product portfolio, production capacity, and price competition, as well as the continued consolidation of its customers. The company emphasizes the need to invest in new technology, develop strategic business relationships, and seek new market opportunities through acquisitions to address these challenges. Furthermore, the report discusses critical accounting estimates, such as those related to the pension plan, impairment assessments on goodwill and other intangible assets, allowance for credit losses and accounts receivable, and allowance for excess and obsolete inventories.
The 10-Q report provides a comprehensive overview of Ennis, Inc.'s business operations, financial condition, and results of operations, offering insights into the company's strategic initiatives, challenges, and risk factors. As a result of these announcements, the company's shares have moved 0.88% on the market, and are now trading at a price of $18.25. If you want to know more, read the company's complete 10-Q report here.
