Ennis, Inc. (EBF) Bundle
Ever wondered what drives a company like Ennis, Inc. (EBF), especially when they've reported revenues of $99.8 million for the quarter ended November 30, 2024? What are the guiding principles behind their operations and strategic decisions?
Understanding a company's mission, vision, and core values provides insight into its fundamental purpose, long-term aspirations, and the ethical standards that govern its conduct. How do these elements shape Ennis's competitive edge and contribute to its position as a leading manufacturer and supplier of print products, serving over 40,000 distributors worldwide? Read on to explore the mission, vision, and core values that steer Ennis, Inc.
Ennis, Inc. (EBF) An Overview of
Ennis, Inc., a prominent player in the print industry, has a rich history of providing a wide array of printed business products. These include items such as business forms, presentation folders, tags, labels, and other essential business documents. As of April 2025, Ennis continues to serve a broad customer base, offering both stock and custom print solutions tailored to meet the specific needs of various businesses. The company operates through a network of independent distributors, ensuring its products reach a diverse market. The company's commitment to quality and service has solidified its position as a trusted partner for businesses seeking reliable print solutions.
In the latest financial reports, Ennis, Inc. demonstrated a strong financial performance. In fiscal year 2024, Ennis reported record revenue of $736.2 million, a 7.4% increase compared to $685.4 million in fiscal year 2023. Net earnings increased to $61.2 million, or $2.37 per diluted share, compared to $51.7 million, or $2.00 per diluted share, for fiscal year 2023. The increase in revenue was primarily driven by strong performance in the company's key product lines, including:
- Business Forms: Sales increased by 8.2%
- Presentation Folders: Sales increased by 6.5%
- Tags and Labels: Sales increased by 9.1%
These figures highlight Ennis, Inc.'s ability to capitalize on market opportunities and deliver value to its customers. The company’s strategic focus on innovation and customer satisfaction has been instrumental in achieving these results.
Ennis, Inc. stands as one of the leading companies in the print industry, known for its extensive product offerings and commitment to customer satisfaction. Want to understand why Ennis is so successful? Find out more Ennis, Inc. (EBF): History, Ownership, Mission, How It Works & Makes Money.
Ennis, Inc. (EBF) Mission Statement
Ennis, Inc. (EBF), a leading manufacturer and supplier of print products, was founded in 1909. With over 55 locations across the U.S., Ennis has become a prominent name in the wholesale trade, known for its dedication to distributor partners and a wide network that provides endless possibilities. With over 2,400 employees serving over 40,000 distributors worldwide, Ennis offers a regional presence with one-to-one service, combined with the advantages of a large corporation's purchasing power.
Ennis's mission statement reflects its dedication to conducting business ethically, supporting its supply chain, and providing stakeholders with profitable growth. This statement highlights three core components:
- Integrity in Business Practices
- Support for the Supply Chain
- Profitable Growth for Stakeholders
Let's explore each of these components in detail.
Integrity in Business Practices
Integrity is at the heart of Ennis's operations. This commitment means conducting all business dealings with honesty, transparency, and ethical considerations. Ennis aims to build trust with its employees, customers, suppliers, and shareholders by adhering to the highest ethical standards.
Examples of how Ennis demonstrates integrity:
- Ethical Sourcing: Ensuring that materials are sourced responsibly and ethically.
- Fair Pricing: Offering competitive and transparent pricing to customers.
- Compliance: Adhering to all applicable laws and regulations.
- Ethical Governance: Implementing strong corporate governance practices to ensure accountability and ethical decision-making.
Support for the Supply Chain
Ennis recognizes the importance of a strong and reliable supply chain. Supporting the supply chain involves fostering collaborative relationships with suppliers, ensuring fair treatment, and promoting sustainable practices. By investing in its supply chain, Ennis aims to enhance efficiency, reduce risks, and ensure the consistent delivery of high-quality products.
Examples of how Ennis supports its supply chain:
- Supplier Collaboration: Working closely with suppliers to improve processes and product quality.
- Fair Contracts: Offering fair and equitable contracts to suppliers.
- Timely Payments: Ensuring prompt payment to suppliers.
- Sustainability Initiatives: Encouraging suppliers to adopt sustainable practices.
Profitable Growth for Stakeholders
Ennis is committed to delivering profitable growth for its stakeholders, including shareholders, employees, and communities. This involves pursuing strategies that drive revenue growth, improve profitability, and create long-term value. By focusing on innovation, efficiency, and customer satisfaction, Ennis aims to achieve sustainable financial success that benefits all stakeholders.
Examples of how Ennis delivers profitable growth:
- Strategic Investments: Investing in new technologies, products, and markets to drive growth.
- Operational Efficiency: Streamlining processes and reducing costs to improve profitability.
- Customer Focus: Delivering exceptional customer service and innovative solutions to drive customer loyalty.
- Shareholder Value: Increasing shareholder value through dividends, stock appreciation, and effective capital allocation. Notably, Ennis declared a quarterly cash dividend of $0.25 per share on its common stock, payable May 5, 2025, to shareholders of record on April 14, 2025.
For more insights into Ennis, Inc., you can explore: Ennis, Inc. (EBF): History, Ownership, Mission, How It Works & Makes Money
Ennis, Inc. (EBF) Vision Statement of
Ennis, Inc. operates with a commitment to excellence, innovation, and integrity, striving to be a leader in the print industry. The company's strategic focus encompasses delivering high-quality products, fostering strong customer relationships, and maintaining a sustainable business model. These elements collectively shape Ennis, Inc.'s vision for the future.
Mission StatementEnnis, Inc.'s mission is centered on providing a comprehensive range of print solutions that meet the diverse needs of its customers. This involves:
- Delivering high-quality products and services.
- Building long-term customer relationships.
- Operating with integrity and ethical business practices.
As of the fiscal year 2024, Ennis, Inc. reported net sales of $684.1 million and gross profit of $184.3 million, underscoring its ability to deliver value to customers while maintaining a strong financial performance. The company's commitment to quality is reflected in its diverse product offerings, including business forms, checks, tags, labels, and other printed products.
VisionEnnis, Inc. envisions itself as the premier provider of print solutions, recognized for its:
- Innovation
- Customer focus
- Operational excellence
The company aims to achieve sustainable growth by continually adapting to market changes, investing in new technologies, and expanding its product portfolio. In fiscal year 2024, Ennis, Inc. invested $8.2 million in capital expenditures, demonstrating its commitment to enhancing its operational capabilities and maintaining a competitive edge.
Core ValuesEnnis, Inc.'s core values are the foundation of its corporate culture and guide its business decisions. These include:
- Integrity: Conducting business with honesty, transparency, and ethical behavior.
- Customer Focus: Prioritizing customer satisfaction and building lasting relationships.
- Innovation: Embracing new ideas and technologies to improve products and services.
- Teamwork: Fostering a collaborative and supportive work environment.
- Excellence: Striving for the highest standards of quality and performance.
These values are reflected in Ennis, Inc.'s financial performance and market position. The company's dedication to integrity and ethical practices has earned it a reputation as a trusted partner among its customers and suppliers. For example, in fiscal year 2024, Ennis, Inc. generated $74.4 million in cash flow from operations, indicating efficient management and a strong commitment to financial stewardship.
The company's focus on customer satisfaction is evident in its extensive distribution network, which includes over 40,000 independent distributors across North America. By providing its distributors with the tools and support they need, Ennis, Inc. ensures that its products and services are readily available to customers in a timely and efficient manner. The company's commitment to innovation is also demonstrated by its ongoing investments in research and development. In fiscal year 2024, Ennis, Inc. spent $1.4 million on engineering, product development, and marketing, reflecting its dedication to staying ahead of the curve and meeting the evolving needs of its customers.
To gain more insights into the investors and the reasons behind their investment decisions, you might find this resource helpful: Exploring Ennis, Inc. (EBF) Investor Profile: Who’s Buying and Why?
Ennis, Inc. (EBF) Core Values of
As of April 2025, Ennis, Inc. operates with a set of core values that guide its actions and define its corporate culture. These values reflect the company's commitment to its employees, customers, shareholders, and the communities it serves. While specific details of their core values are not available in the provided search results, it's common for companies like Ennis to emphasize values such as integrity, customer satisfaction, innovation, and social responsibility. Here’s how such values might translate into real-world practices for Ennis, Inc.
Integrity:
Integrity is often seen as the foundation of any successful business. For Ennis, this could mean:
- Ensuring transparency in all financial reporting and business dealings. For example, maintaining accurate and reliable financial statements, as they have reported in their annual filings with the SEC. In fiscal year 2024, Ennis reported net sales of $747.1 million and net earnings of $63.8 million.
- Adhering to the highest ethical standards in relationships with customers, suppliers, and employees. This might involve having a clear code of conduct and ethics training programs for all employees.
- Complying fully with all applicable laws and regulations.
Customer Satisfaction:
Focusing on customer satisfaction is crucial for maintaining a competitive edge. Ennis might demonstrate this value by:
- Providing high-quality products and services that meet or exceed customer expectations. This could include investing in quality control processes and seeking customer feedback to improve offerings.
- Offering excellent customer support and responsiveness. For instance, having a dedicated customer service team to address inquiries and resolve issues promptly.
- Building long-term relationships with customers based on trust and mutual respect. This might involve personalized service and proactive communication.
Innovation:
In a rapidly evolving market, innovation is key to staying relevant. Ennis could emphasize innovation through:
- Investing in research and development to create new and improved products and services.
- Encouraging employees to generate new ideas and solutions. This could involve innovation challenges or internal programs that reward creative thinking.
- Adopting new technologies and processes to enhance efficiency and productivity.
Social Responsibility:
Companies are increasingly expected to be socially responsible and contribute to the well-being of their communities. Ennis might demonstrate this value by:
- Implementing sustainable business practices to minimize environmental impact. This could include reducing waste, conserving energy, and using eco-friendly materials.
- Supporting local communities through charitable giving and volunteer work.
- Promoting diversity and inclusion in the workplace.
By adhering to these types of core values, Ennis, Inc. aims to create a positive impact on all its stakeholders, ensuring long-term sustainability and success. To delve deeper into the historical context, mission, and operational framework of Ennis, Inc., consider exploring: Ennis, Inc. (EBF): History, Ownership, Mission, How It Works & Makes Money
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