Ennis Inc. Reports Results for the Three and Nine Months Ending Nov. 30
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Ennis%20Inc.<%2Fa>%20released%20its%20latest%20financial%20results%20that%20include%20its%20third%20quarter,%20which%20ended%20Nov.%2030,%20and%20the%20combined%20statistics%20for%20the%20period%20that%20includes%20the%20first%20three%20quarters%20of%20the%20fiscal%20year.%0D%0A%0D%0Ahttps%3A%2F%2Fwww.printandpromomarketing.com%2Farticle%2Fennis-inc-reports-results-three-nine-months-ending-nov-30%2F" target="_blank" class="email" data-post-id="1797" type="icon_link">
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Consolidated gross profit margin (“margin”) during the quarter increased 400 basis points over last year’s comparable quarter from 23.7 percent to 27.7 percent. On a quarter comparison basis, print margin increased 210 basis points, from 28.7 percent percent to 30.8 percent, while apparel margin increased 650 basis points, from 15.2 percent to 21.7 percent. Apparel margin continued to improve on a comparable basis due to lower input costs and higher production levels.
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