EBF

MIDLOTHIAN, Texas, June 22, 2026--(BUSINESS WIRE)--Ennis, Inc. (the "Company"), (NYSE: EBF), today reported financial results for the quarter ended May 31, 2026. Highlights include: Revenues were $98.6 million for the current quarter, an increase of $1.4 million or 1.4% over the same quarter last year. Earnings per diluted share for the current quarter were $0.39 as compared to $0.38 for the same quarter last year. Gross profit margin for the quarter was 31.5% compared to 31.1% for the comparative quarter last year. Financial Overview The Company’s revenues for the first quarter ended May 31, 2026 were $98.6 million compared to $97.2 million for the same quarter last year, an increase of 1.4%. Gross profit totaled $31.1 million, or 31.5%, as compared to $30.2 million, or 31.1% for the same quarter last year. The Company's gross profit margin improved sequentially from 29.2% for the fourth quarter ended in fiscal year 2026. Net earnings for the quarter were $9.9 million, or $0.39 per diluted share as compared to $9.8 million, or $0.38 per diluted share for the same quarter last year. Operating cash flow increased to $21.2 million compared to $8.0 million in the prior-year quarter, and cash balances increased to $49.1 million at May 31, 2026 from $34.6 million at February 28, 2026. Keith Walters, Chairman, Chief Executive Officer and President, commented, "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. "Acquisitions completed during fiscal year 2026 contributed approximately $4.5 million in revenue during the quarter and positively impacted diluted earnings per share by $0.02, primarily reflecting non-comparable ownership periods relative to the prior-year quarter. We remain focused on realizing operational efficiencies and maintaining disciplined pricing practices across our businesses. "Over the past year, we proactively positioned ourselves to address the closure of the sole domestic producer of carbonless paper by securing inventory and developing alternative supply sources. We are successfully transitioning to those suppliers and do not anticipate any disruption to customer service, product availability or product quality. "Our financial position remains strong. During the quarter, cash increased to $49.1 million from $34.6 million at the end of fiscal year 2026, driven by operating cash flow of $21.2 million. We continue to operate with no debt and maintain ample liquidity to support operations, pursue acquisition opportunities and return capital to shareholders through our quarterly dividend. "We are encouraged by our first quarter performance and believe our strong balance sheet, disciplined cost structure and acquisition strategy position us well for the remainder of fiscal year 2027." Non-GAAP Reconciliations To provide important supplemental information to both management and investors regarding financial and business trends used in assessing its results of operations, from time to time the Company reports the non-GAAP financial measure of EBITDA (EBITDA is calculated as net earnings before interest expense, tax expense, depreciation, and amortization). The Company may also report adjusted gross profit margin, adjusted earnings and adjusted diluted earnings per share, each of which is a non-GAAP financial measure. Management believes that these non-GAAP financial measures provide useful information to investors as a supplement to reported GAAP financial information. Management reviews these non-GAAP financial measures on a regular basis and uses them to evaluate and manage the performance of the Company’s operations. Other companies may calculate non-GAAP financial measures differently than the Company, which limits the usefulness of the Company’s non-GAAP measures for comparison with these other companies. While management believes the Company’s non-GAAP financial measures are useful in evaluating the Company, when this information is reported it should be considered as supplemental in nature and not as a substitute or an alternative for, or superior to, the related financial information prepared in accordance with GAAP. These measures should be evaluated only in conjunction with the Company’s comparable GAAP financial measures. The following table reconciles EBITDA, a non-GAAP financial measure, for the three-months ended May 31, 2026 and 2025 to the most comparable GAAP measure, net earnings (dollars in thousands). In Other News On June 19, 2026 the Board of Directors declared a quarterly cash dividend of 25.0 cents per share on the Company’s common stock. The dividend is payable on August 10, 2026 to shareholders of record on July 10, 2026. About Ennis Founded in 1909, the Company is one of the largest private-label printed business product suppliers in the United States. Headquartered in Midlothian, Texas, Ennis has production and distribution facilities strategically located throughout the USA to serve the Company’s national network of distributors. Ennis manufactures and sells business forms, other printed business products, printed and electronic media, integrated forms and labels, presentation products, flex-o-graphic printing, advertising specialties, internal bank forms, plastic cards, secure and negotiable documents, specialty packaging, direct mail, envelopes, tags and labels and other custom products. For more information, visit www.ennis.com. Safe Harbor under the Private Securities Litigation Reform Act of 1995 Certain statements that may be contained in this press release that are not historical facts are forward-looking statements that involve a number of known and unknown risks, uncertainties and other factors that could cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievement expressed or implied by such forward-looking statements. The words "anticipate," "preliminary," "expect," "believe," "intend" and similar expressions identify forward-looking statements. The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for such forward-looking statements. In order to comply with the terms of the safe harbor, the Company notes that a variety of factors could cause actual results and experience to differ materially from the anticipated results or other expectations expressed in such forward-looking statements. These statements are subject to numerous uncertainties, which include, but are not limited to, the erosion of demand for our printer business documents as the result of digital technologies, risk or uncertainties related to the completion and integration of acquisitions, and the limited number of available suppliers and variability in the prices of paper and other raw materials. Other important information regarding factors that may affect the Company’s future performance is included in the public reports that the Company files with the Securities and Exchange Commission, including but not limited to, its Annual Report on Form 10-K for the fiscal year ending February 28, 2026. The Company does not undertake, and hereby disclaims, any duty or obligation to update or otherwise revise any forward-looking statements to reflect events or circumstances occurring after the date of this release, or to reflect the occurrence of unanticipated events, although its situation and circumstances may change in the future. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. The inclusion of any statement in this release does not constitute an admission by the Company or any other person that the events or circumstances described in such statement are material. View source version on businesswire.com: https://www.businesswire.com/news/home/20260622518849/en/ Contacts For Further Information Contact: Mr. Keith S. Walters, Chairman, Chief Executive Officer and PresidentMs. Vera Burnett, Chief Financial OfficerMr. Dan Gus, General Counsel and Secretary Ennis, Inc. 2441 Presidential ParkwayMidlothian, Texas 76065Phone: (972) 775-9801Fax: (972) 775-9820www.ennis.com

MIDLOTHIAN, Texas, April 20, 2026--(BUSINESS WIRE)--Ennis, Inc. (the "Company"), (NYSE: EBF), today reported financial results for the quarter and fiscal year ended February 28, 2026. Highlights include: Revenues were $96.4 million for the quarter, an increase of $3.7 million or 4.0% over last year's fourth quarter and $392.4 million for the fiscal year, a decrease of $2.2 million, or 0.6% over last fiscal year. Earnings per diluted share for the current quarter were $0.35 consistent with $0.35 for the same quarter last year. Earnings per diluted share were $1.66 for the fiscal year as compared to $1.54 for the last fiscal year. Gross profit margin for the quarter was 29.2% compared to 29.5% for the comparative quarter last year. Gross profit margin was 30.7% for the fiscal year compared to 29.7% for the prior fiscal year. Financial Overview The Company’s revenues for the fourth quarter ended February 28, 2026 were $96.4 million compared to $92.7 million for the same quarter last year, an increase of 4.0%. Gross profits totaled $28.1 million, or 29.2%, as compared to $27.4 million, or 29.5% for the same quarter last year. The Company's gross profit margin decreased on a sequential basis from 31.9% for the third quarter ended November 30, 2025 to 29.2%. Net earnings for the quarter were $8.8 million, or $0.35 per diluted share as compared to $9.0 million, or $0.35 per diluted share for the same quarter last year. The Company’s revenues for the fiscal year ended February 28, 2026 were $392.4 million compared to $394.6 million for the prior fiscal year, a decrease of 0.6%. Gross profits totaled $120.4 million, or 30.7%, as compared to $117.3 million, or 29.7% for the prior fiscal year. Net earnings for the fiscal year were $42.6 million or $1.66 per diluted share, compared to $40.2 million, or $1.54 per diluted share for the prior fiscal year. Keith Walters, Chairman, Chief Executive Officer and President, commented, "Our performance for the quarter met our expectations. Current year acquisitions contributed $8.8 million to quarterly sales, partially offset by lower organic volumes. Gross profit margin remained solid at 29.2% for the current quarter, compared to 29.5% in the prior year. EBITDA totaled $16.3 million or 17.0% of sales, reflecting stable operating performance relative to $16.5 million, or 17.8% of sales, in the same prior year quarter. "We completed the integration of Northeastern Envelope Company, our largest acquisition this year, into our ERP systems, enhancing our ability to manage costs and pricing and supporting consistent margin performance. Current year acquisitions positively impacted diluted earnings per share by $0.05 for the quarter and $0.14 for the full year. "As previously noted, we proactively increased inventory earlier in the year to mitigate supply risk following the announced mill closure of the only domestic producer of carbonless paper. During the fourth quarter, we successfully reduced inventory from $60.8 million to $54.9 million through the conversion of inventory to sales. As we transition to alternative suppliers, we do not expect any disruption to supply in the normal course of business. During the year, we also invested $8.0 million to purchase a facility we previously leased, which is expected to reduce future lease expense and support long-term operating efficiency. "We maintain a strong balance sheet, with no debt and ample cash reserves. We expect cash balances to steadily increase over the coming quarters. Our profitability and financial strength allow us to operate and pursue acquisitions without reliance on debt, while retaining access to credit for larger initiatives if needed. During the year, we deployed $14.5 million to repurchase approximately 793,000 shares of our common stock at various points when market prices were attractive. Future share repurchases will be evaluated based on market conditions, capital allocation priorities, and other relevant factors. We remain focused on sustaining profitability and delivering returns to our shareholders." Non-GAAP Reconciliations To provide important supplemental information to both management and investors regarding financial and business trends used in assessing its results of operations, from time to time the Company reports the non-GAAP financial measure of EBITDA (EBITDA is calculated as net earnings before interest expense, tax expense, depreciation, and amortization). The Company may also report adjusted gross profit margin, adjusted earnings and adjusted diluted earnings per share, each of which is a non-GAAP financial measure. Management believes that these non-GAAP financial measures provide useful information to investors as a supplement to reported GAAP financial information. Management reviews these non-GAAP financial measures on a regular basis and uses them to evaluate and manage the performance of the Company’s operations. Other companies may calculate non-GAAP financial measures differently than the Company, which limits the usefulness of the Company’s non-GAAP measures for comparison with these other companies. While management believes the Company’s non-GAAP financial measures are useful in evaluating the Company, when this information is reported it should be considered as supplemental in nature and not as a substitute or an alternative for, or superior to, the related financial information prepared in accordance with GAAP. These measures should be evaluated only in conjunction with the Company’s comparable GAAP financial measures. The following table reconciles EBITDA, a non-GAAP financial measure, for the three and twelve months ended February 28, 2026 and February 28, 2025 to the most comparable GAAP measure, net earnings (dollars in thousands). In Other News The 2026 Annual Meeting of Shareholders will be held on July 16, 2026, with a record date of May 15, 2026. About Ennis Founded in 1909, the Company is one of the largest private-label printed business product suppliers in the United States. Headquartered in Midlothian, Texas, Ennis has production and distribution facilities strategically located throughout the USA to serve the Company’s national network of distributors. Ennis manufactures and sells business forms, other printed business products, printed and electronic media, integrated forms and labels, presentation products, flex-o-graphic printing, advertising specialties, internal bank forms, plastic cards, secure and negotiable documents, specialty packaging, direct mail, envelopes, tags and labels and other custom products. For more information, visit www.ennis.com. Safe Harbor under the Private Securities Litigation Reform Act of 1995 Certain statements that may be contained in this press release that are not historical facts are forward-looking statements that involve a number of known and unknown risks, uncertainties and other factors that could cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievement expressed or implied by such forward-looking statements. The words "anticipate," "preliminary," "expect," "believe," "intend" and similar expressions identify forward-looking statements. The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for such forward-looking statements. In order to comply with the terms of the safe harbor, the Company notes that a variety of factors could cause actual results and experience to differ materially from the anticipated results or other expectations expressed in such forward-looking statements. These statements are subject to numerous uncertainties, which include, but are not limited to, the erosion of demand for our printer business documents as the result of digital technologies, risk or uncertainties related to the completion and integration of acquisitions, and the limited number of available suppliers and variability in the prices of paper and other raw materials. Other important information regarding factors that may affect the Company’s future performance is included in the public reports that the Company files with the Securities and Exchange Commission, including but not limited to, its Annual Report on Form 10-K for the fiscal year ending February 28, 2025. The Company does not undertake, and hereby disclaims, any duty or obligation to update or otherwise revise any forward-looking statements to reflect events or circumstances occurring after the date of this release, or to reflect the occurrence of unanticipated events, although its situation and circumstances may change in the future. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. The inclusion of any statement in this release does not constitute an admission by the Company or any other person that the events or circumstances described in such statement are material. View source version on businesswire.com: https://www.businesswire.com/news/home/20260420079882/en/ Contacts For Further Information Contact: Mr. Keith S. Walters, Chairman, Chief Executive Officer and President Ms. Vera Burnett, Chief Financial Officer Mr. Dan Gus, General Counsel and Secretary Ennis, Inc. 2441 Presidential Parkway Midlothian, Texas 76065 Phone: (972) 775-9801 Fax: (972) 775-9820 www.ennis.com

Freshpet (FRPT) delivered a notable improvement in net profit margin this year, rising to 11.4% from last year’s 4.8%. EPS also surged thanks to a 180% earnings increase year-over-year, putting the company well ahead of its 41.8% five-year annual growth trend. With forecasted 14.04% annualized earnings growth, plus revenue expected to climb 10% a year, investors now face a classic growth-versus-value debate as shares trade at a premium relative to sector benchmarks but remain well below discounted cash flow estimates. See our full analysis for Freshpet. Next, we will put these headline results in context and see how they line up with the community narratives, as well as where they might break from the script. See what the community is saying about Freshpet Operational upgrades, especially new technology at Ennis and other sites, are driving higher yields and efficiency. These improvements now allow Freshpet to reduce capital expenditure by $100 million between 2025 and 2026, while net profit margin improved to 11.4% from 4.8% the prior year. Analysts' consensus view highlights that reducing CapEx, combined with improved gross and EBITDA margins, signals the business is positioned to generate stronger net earnings and cash flow than previously expected. Higher efficiency not only boosts this year's margin but could support profit margins rising to 9.0% in the next three years, according to forecasts. Consensus narrative notes this margin trend can accelerate Freshpet's leadership in fresh pet food as competitors face higher costs and slower innovation. Consensus narrative points to both operational wins and margin expansion putting Freshpet ahead in the premium space. See what analysts say in their in-depth narrative: 📊 Read the full Freshpet Consensus Narrative. Digital sales rose 40% year-over-year and now represent 13% of Freshpet’s total sales, with club channel tests expanding to 125 stores and expected to grow further. Analysts' consensus view underlines that this omnichannel push gives Freshpet broad reach as consumer buying habits shift, reinforcing the company’s ability to grow household penetration even if pet population growth slows. Club channel and digital growth help offset concerns about slowing dog adoption rates and macro headwinds by reaching price-sensitive and convenience-oriented customers. Consensus narrative suggests that the company’s strong retailer relationships and brand loyalty, with MVP customers making up 70% of sales, could help sustain these sales channels even if industry growth tapers. At a current share price of $56.25, Freshpet trades at a 22.2x price-to-earnings ratio, which is above the US Food industry average of 17.8x and the peer average of 22x. However, this remains well below its DCF fair value of $88.23 and the 2028 analyst target price of $71.81. Analysts' consensus view flags this valuation gap as a classic risk/reward dilemma since investors must weigh discounted cash flow upside and sustained growth against the impact of last year’s $18.4 million one-off loss on earnings quality. What stands out is that future profit growth is expected to lift earnings from $33.7 million to $137.7 million by 2028, yet analysts expect the PE ratio to drop to 37.9x, which remains well above the current industry average and indicates high long-term expectations. Consensus explains that such a premium is justified only if Freshpet can convert operational gains into recurring profits, making risk management around earnings quality and cost controls even more critical for investors focused on fair value. To see how these results tie into long-term growth, risks, and valuation, check out the full range of community narratives for Freshpet on Simply Wall St. Add the company to your watchlist or portfolio so you'll be alerted when the story evolves. Have your own take on Freshpet’s results? Craft your viewpoint and create a narrative in just a few minutes. Do it your way A great starting point for your Freshpet research is our analysis highlighting 3 key rewards and 1 important warning sign that could impact your investment decision. While Freshpet’s high valuation and reliance on sustained profit growth present big upside, there is a risk if operational gains do not translate into consistently higher recurring earnings. If you want to focus on companies trading at more attractive valuations, our these 840 undervalued stocks based on cash flows is built for investors seeking greater upside and less premium risk. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include FRPT. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email [email protected]

MIDLOTHIAN, Texas, September 22, 2025--(BUSINESS WIRE)--Ennis, Inc. (the "Company"), (NYSE: EBF), today reported financial results for the quarter ended August 31, 2025. Highlights include: Revenues were $98.7 million for the quarter compared to $99.0 million for the same quarter last year, a decrease of $0.3 million or -0.3%. Earnings per diluted share for the current quarter were $0.51 compared to $0.40 for the comparative quarter last year. Our gross profit margin for the quarter was 30.5% compared to 30.1% for the comparative quarter last year. Financial Overview The Company’s revenues for the quarter ended August 31, 2025 were $98.7 million compared to $99.0 million for the same quarter last year, a decrease of $0.3 million, or -0.3%. Gross profits totaled $30.1 million for a gross profit margin of 30.5%, as compared to $29.8 million, or 30.1%, for the same quarter last year. Net earnings for the quarter were $13.2 million, or $0.51 per diluted share, as compared to $10.3 million, or $0.40 per diluted share for the same quarter last year. The Company’s revenues for the six-month period ended August 31, 2025 were $195.9 million compared to $202.1 million for the same period last year, a decrease of $6.2 million or -3.1%. Gross profit margin was $60.3 million, or 30.8%, as compared to $60.7 million, or 30.0% for the six-month periods ended August 31, 2025 and August 31, 2024, respectively. Net earnings for the six-month period ended August 31, 2025 were $23.0 million, or $0.89 per diluted share compared to $21.0 million, or $0.80 per diluted share for the same period last year. Keith Walters, Chairman, Chief Executive Officer and President, commented by stating, "Our performance for the quarter met our expectations. While sales volume declined, we achieved a gross margin of 30.5%, up nearly 40 basis points from 30.1% in the same period last year, though down 60 basis points from 31.1% in the prior quarter. EBITDA rose to $22.5 million, or 22.8% of sales, compared with $17.7 million, or 18.2% of sales, in the preceding quarter, and $18.4 million, or 18.6% of sales, in the same quarter last year. This quarter’s results reflect $5.7 million that we collected after the 8th Circuit Court of Appeals affirmed the judgment against Mark Wright, Mardra Sikora, Wright Printing Company and other defendants for willful and malicious theft of trade secrets, breach of contract and tortious interference with the Company’s Folders Express business unit. We are pleased to have this matter resolved, as the judgment fulfilled our responsibility to protect shareholder interests and held the defendants accountable for the losses their actions caused. "Our recent acquisitions added approximately $5.5 million in revenues for the quarter and $11.0 million in revenues for the six-month period. Diluted earnings per share were positively impacted by $0.03 per diluted share for the quarter and positively impacted by $0.06 per diluted share for the six-month period. During the first quarter of the current year, we completed the acquisition of Northeastern Envelope Company (NEC), based in Old Forge, PA. NEC is a leading commercial envelope manufacturer known for providing next-day shipment on hundreds of double-window and specialty single-window envelopes. Printing Technologies, Inc. (PTI), acquired in the second quarter of last year, along with NEC, are both delivering strong results. "We believe our balance sheet is among the strongest in the industry, with no debt and sufficient cash reserves. We expect cash flow to strengthen in the coming quarters. In the current and prior quarter, we strategically used cash to build additional inventory following the announced closure of the only domestic producer of carbonless paper. With this inventory now in place, we anticipate lower purchasing needs over the next few quarters, positioning us to restore and potentially enhance our cash levels. Year to date, we have repurchased 456,671 shares of our common stock for $8.5 million. Our profitability and financial position will allow us to operate and pursue acquisitions without debt, while also giving us timely access to credit if larger opportunities arise. We remain focused on sustaining profitability and delivering returns to our shareholders." Reconciliation Non-GAAP Measure To provide important supplemental information to both management and investors regarding financial and business trends used in assessing its results of operations, from time to time the Company reports the non-GAAP financial measure of EBITDA (EBITDA is calculated as net earnings before interest expense, tax expense, depreciation, and amortization). The Company may also report adjusted gross profit margin, adjusted earnings and adjusted diluted earnings per share, each of which is a non-GAAP financial measure. Management believes that these non-GAAP financial measures provide useful information to investors as a supplement to reported GAAP financial information. Management reviews these non-GAAP financial measures on a regular basis and uses them to evaluate and manage the performance of the Company’s operations. Other companies may calculate non-GAAP financial measures differently than the Company, which limits the usefulness of the Company’s non-GAAP measures for comparison with these other companies. While management believes the Company’s non-GAAP financial measures are useful in evaluating the Company, when this information is reported it should be considered as supplemental in nature and not as a substitute or an alternative for, or superior to, the related financial information prepared in accordance with GAAP. These measures should be evaluated only in conjunction with the Company’s comparable GAAP financial measures. The following table reconciles EBITDA, a non-GAAP financial measure, for the three- and six-months ended August 31, 2025 and 2024 to the most comparable GAAP measure, net earnings (dollars in thousands). In Other News On September 19, 2025 the Board of Directors declared a quarterly cash dividend of 25.0 cents per share on the Company’s common stock. The dividend is payable on November 7, 2025 to shareholders of record on October 10, 2025. About Ennis Founded in 1909, the Company is one of the largest private-label printed business product suppliers in the United States. Headquartered in Midlothian, Texas, Ennis has production and distribution facilities strategically located throughout the USA to serve the Company’s national network of distributors. Ennis manufactures and sells business forms, other printed business products, printed and electronic media, integrated forms and labels, presentation products, flex-o-graphic printing, advertising specialties, internal bank forms, plastic cards, secure and negotiable documents, specialty packaging, direct mail, envelopes, tags and labels and other custom products. For more information, visit www.ennis.com. Safe Harbor under the Private Securities Litigation Reform Act of 1995 Certain statements that may be contained in this press release that are not historical facts are forward-looking statements that involve a number of known and unknown risks, uncertainties and other factors that could cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievement expressed or implied by such forward-looking statements. The words "anticipate," "preliminary," "expect," "believe," "intend" and similar expressions identify forward-looking statements. The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for such forward-looking statements. In order to comply with the terms of the safe harbor, the Company notes that a variety of factors could cause actual results and experience to differ materially from the anticipated results or other expectations expressed in such forward-looking statements. These statements are subject to numerous uncertainties, which include, but are not limited to, the erosion of demand for our printer business documents as the result of digital technologies, risk or uncertainties related to the completion and integration of acquisitions, and the limited number of available suppliers and variability in the prices of paper and other raw materials. Other important information regarding factors that may affect the Company’s future performance is included in the public reports that the Company files with the Securities and Exchange Commission, including but not limited to, its Annual Report on Form 10-K for the fiscal year ending February 28, 2025. The Company does not undertake, and hereby disclaims, any duty or obligation to update or otherwise revise any forward-looking statements to reflect events or circumstances occurring after the date of this release, or to reflect the occurrence of unanticipated events, although its situation and circumstances may change in the future. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. The inclusion of any statement in this release does not constitute an admission by the Company or any other person that the events or circumstances described in such statement are material. View source version on businesswire.com: https://www.businesswire.com/news/home/20250922784295/en/ Contacts Mr. Keith S. Walters, Chairman, Chief Executive Officer and President Ms. Vera Burnett, Chief Financial Officer Mr. Dan Gus, General Counsel and Secretary Ennis, Inc. 2441 Presidential Parkway Midlothian, Texas 76065 Phone: (972) 775-9801 Fax: (972) 775-9820 www.ennis.com

MIDLOTHIAN, Texas, June 23, 2025--(BUSINESS WIRE)--Ennis, Inc. (the "Company"), (NYSE: EBF), today reported financial results for the first quarter ended May 31, 2025. Highlights include: Revenues were $97.2 million for the quarter compared to $103.1 million for the same quarter last year, a decrease of $5.9 million or 5.7%. Earnings per diluted share for the current quarter were $0.38 compared to $0.41 for the comparative quarter last year. Our gross profit margin for the quarter was 31.1% compared to 30.0% for the comparative quarter last year. Financial Overview The Company’s revenues for the first quarter ended May 31, 2025 were $97.2 million compared to $103.1 million for the same quarter last year, a decrease of $5.9 million, or 5.7%. Gross profits totaled $30.2 million for a gross profit margin of 31.1%, as compared to $30.9 million, or 30.0%, for the same quarter last year. Net earnings for the quarter were $9.8 million, or $0.38 per diluted share, as compared to $10.7 million, or $0.41 per diluted share for the same quarter last year. Keith Walters, Chairman, Chief Executive Officer and President, commented by stating, "Our performance for the quarter met our expectations. Although there was a year-over-year decline in sales, our gross profit margin increased to 31.1% for the quarter compared to 30.0% for the same quarter last year and 29.5% for the fourth quarter. Our EBITDA increased to $17.7 million or 18.2% of sales for the current quarter compared to the preceding quarter of $16.5 million or 17.8% of sales and declined slightly compared to the same quarter last year from $19.0 million or 18.4% of sales. Our ability to maintain or improve our profit margins amidst decreased market demand highlights the success of our cost management and pricing discipline. "Our recent acquisitions generated approximately $5.5 million in revenues during the quarter and positively impacted diluted earnings per share by $0.035. Midway through the quarter, we acquired Northeastern Envelope ("NEC") located in Old Forge, PA. NEC is a large commercial manufacturer of envelopes and offers next day shipment of hundreds of double window and special single window envelopes. Printing Technologies, Inc. ("PTI") acquired during the second quarter of the prior year has been fully integrated in the Ennis ERP systems and is performing well. "Recently, the sole mill in the United States that produces carbonless paper announced that it would be closing this calendar year. In preparation for that supply disruption, we invested in and are continuing to purchase additional inventory as a buffer as we pivot to other sources of carbonless paper. The additional investment in inventory, our purchase of NEC and our share repurchases this quarter have reduced our cash balances, such that our interest income for the quarter declined to $0.6 million compared to $1.4 million for the same quarter last year. "We continue to maintain a strong financial position with $32.0 million in cash and no debt. We repurchased 260,560 shares of our common stock in the open market at an average price of $19.00 per share. Our profitability and strong financial condition will allow us to fund our operations and routine acquisitions without incurring debt. Given those strengths, we also anticipate timely access to credit should larger acquisition opportunities materialize. We continue to focus on returning value to shareholders by delivering profitability and through our quarterly dividends." Reconciliation Non-GAAP Measure To provide important supplemental information to both management and investors regarding financial and business trends used in assessing its results of operations, from time to time the Company reports the non-GAAP financial measure of EBITDA (EBITDA is calculated as net earnings before interest expense, tax expense, depreciation, and amortization). The Company may also report adjusted gross profit margin, adjusted earnings and adjusted diluted earnings per share, each of which is a non-GAAP financial measure. Management believes that these non-GAAP financial measures provide useful information to investors as a supplement to reported GAAP financial information. Management reviews these non-GAAP financial measures on a regular basis and uses them to evaluate and manage the performance of the Company’s operations. Other companies may calculate non-GAAP financial measures differently than the Company, which limits the usefulness of the Company’s non-GAAP measures for comparison with these other companies. While management believes the Company’s non-GAAP financial measures are useful in evaluating the Company, when this information is reported it should be considered as supplemental in nature and not as a substitute or an alternative for, or superior to, the related financial information prepared in accordance with GAAP. These measures should be evaluated only in conjunction with the Company’s comparable GAAP financial measures. The following table reconciles EBITDA, a non-GAAP financial measure, for the three-months ended May 31, 2025 and 2024 to the most comparable GAAP measure, net earnings (dollars in thousands). In Other News On June 20, 2025 the Board of Directors declared a quarterly cash dividend of 25.0 cents per share on the Company’s common stock. The dividend is payable on August 11, 2025 to shareholders of record on July 11, 2025. About Ennis Founded in 1909, the Company is one of the largest private-label printed business product suppliers in the United States. Headquartered in Midlothian, Texas, Ennis has production and distribution facilities strategically located throughout the USA to serve the Company’s national network of distributors. Ennis manufactures and sells business forms, other printed business products, printed and electronic media, integrated forms and labels, presentation products, flex-o-graphic printing, advertising specialties, internal bank forms, plastic cards, secure and negotiable documents, specialty packaging, direct mail, envelopes, tags and labels and other custom products. For more information, visit www.ennis.com. Safe Harbor under the Private Securities Litigation Reform Act of 1995 Certain statements that may be contained in this press release that are not historical facts are forward-looking statements that involve a number of known and unknown risks, uncertainties and other factors that could cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievement expressed or implied by such forward-looking statements. The words "anticipate," "preliminary," "expect," "believe," "intend" and similar expressions identify forward-looking statements. The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for such forward-looking statements. In order to comply with the terms of the safe harbor, the Company notes that a variety of factors could cause actual results and experience to differ materially from the anticipated results or other expectations expressed in such forward-looking statements. These statements are subject to numerous uncertainties, which include, but are not limited to, the erosion of demand for our printer business documents as the result of digital technologies, risk or uncertainties related to the completion and integration of acquisitions, and the limited number of available suppliers and variability in the prices of paper and other raw materials. Other important information regarding factors that may affect the Company’s future performance is included in the public reports that the Company files with the Securities and Exchange Commission, including but not limited to, its Annual Report on Form 10-K for the fiscal year ending February 28, 2025. The Company does not undertake, and hereby disclaims, any duty or obligation to update or otherwise revise any forward-looking statements to reflect events or circumstances occurring after the date of this release, or to reflect the occurrence of unanticipated events, although its situation and circumstances may change in the future. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. The inclusion of any statement in this release does not constitute an admission by the Company or any other person that the events or circumstances described in such statement are material. View source version on businesswire.com: https://www.businesswire.com/news/home/20250623403997/en/ Contacts For Further Information Contact: Mr. Keith S. Walters, Chairman, Chief Executive Officer and President Ms. Vera Burnett, Chief Financial Officer Mr. Dan Gus, General Counsel and Secretary Ennis, Inc. 2441 Presidential Parkway Midlothian, Texas 76065 Phone: (972) 775-9801 Fax: (972) 775-9820 www.ennis.com