>>
Home / Knowledge / News / Apparel/Garments / Apparel Segment sales up at Ennis

Apparel Segment sales up at Ennis

23
Dec '06
Ennis Inc reported financial results for the three and nine months ended November 30, 2006. For the quarter, net sales increased by $20.0 million, or 15.2% to $151.7 million for the three months ended November 30, 2006 from $131.7 million for the three months ended November 30, 2005. Sales in the Print Segment increased 10.0% for the quarter from $77.8 million to $85.6 million. Our Apparel Segment sales increased from $53.9 million to $66.1 million, or 22.6% for the quarter.

Overall, our margins during the current quarter were 25.0%, compared to 27.0% for the three months ended November 30, 2005. Our apparel margins for the current quarter were 24.2%, compared to 27.5% for the same quarter last year.

Our print margins for the current quarter were 25.7%, compared to 26.8% for the same quarter last year. Our apparel margins during the quarter were impacted by our fleece product sales. Also, since these products are imported products they do not contribute to our manufacturing absorption.

The decline in our print margins was primarily due to raw material costs increases and product mix changes. Net earnings for the quarter increased by approximately $700,000, or 6.9%, from $10.1 million for the three months ended November 30, 2005 to $10.8 million for the three months ended November 30, 2006. Diluted earnings (EPS) increased 7.7%, from $.39 per share to $.42 per share for the three months ended November 30, 2005 and 2006, respectively.

Included in the prior years' results was a non-reoccurring trademark settlement gain, without this impact our net earnings would have been $9.5 million for the quarter and our diluted earnings per share $.37 per share.


Must ReadView All

Pic: Shutterstock

Textiles | On 21st Jan 2022

China to optimise energy production, supply, storage, sales

As the global energy market faces complicated situations, China’s top ...

Pic: Dreamstime.com

Apparel/Garments | On 21st Jan 2022

Bangladeshi garment, accessory makers form joint panel to boost export

The Bangladesh Garment Manufacturers and Exporters Association, the...

Pic: Shutterstock

Textiles | On 21st Jan 2022

New cargo trains link China's Inner Mongolia, Fujian to Moscow

A new cargo train carrying 50 containers departed on January 12 from...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Luxury is not just about high prices but ability to create desire

Textile Industry, Head honchos

Textile Industry
Head honchos

Hopeful that issue will be resolved by first half of 2022

Vandana Narang, National Institute of Fashion Technology

Vandana Narang
National Institute of Fashion Technology

Campus placements are low due to lockdowns

Chendhuran Sundar,

Chendhuran Sundar

Headquartered at Singapore, Crocodile is a global fashion and lifestyle...

Rajesh Vohra,

Rajesh Vohra

A part of the Italy based multinational company Artsana Group, Chicco is...

Rajat Kapoor,

Rajat Kapoor

Seraphine is a British maternity brand providing affordable luxury fashion ...

Dr Anup Rakshit, ITTA

Dr Anup Rakshit
ITTA

The Indian Technical Textile Association (ITTA) is the only association of ...

Steve McCullough & Marco Weichert, Functional Fabric Fair & Design and Development GmbH Textile Consult respectively

Steve McCullough & Marco Weichert
Functional Fabric Fair & Design and Development GmbH Textile Consult respectively

Functional Fabric Fair is a trade-exclusive event showcasing the latest...

Silverio Baranzano, Fitesa

Silverio Baranzano
Fitesa

Fitesa is a leader in the nonwoven fabrics industry, specialising in...

Abhishek Agarwal, Purple Style Labs

Abhishek Agarwal
Purple Style Labs

Late Indian fashion designer Wendell Rodricks, is known for his...

Manish Malhotra, Label Manish Malhotra

Manish Malhotra
Label Manish Malhotra

A multitalented designer and founder of an eponymous label, Manish...

Archana Jaju, Label Archana Jaju

Archana Jaju
Label Archana Jaju

<b>Archana Jaju</b>’s Hyderabad-based eponymous label works with artisans...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments

ESTEEMED CLIENTS

Gatsby Africa
Amazon China
Reiter India Private Limited
Midas Clothing Limited
Arvind Limited
Aramark Uniform ;& Career Apparel, LLC
Vardhman Textile Ltd
Truetzschler India Private Limited
Gloria Jeans
H;&M Hennes ;& Mauritz (Far East) Ltd
Babyshop
Vianney Textil Hogar S.A. De C.V.
Tommy Hilfiger
Bluestem Global Sourcing Limited
The LYCRA Company Singapore  Pte. Ltd
BIANCA
BIRLA CENTURY A DIVISION OF CENTURY TEXTILES AND INDUSTRIES
Page Industries Limited (Bangalore)
Varner AS Retail
Maceton Limited
Lululemon Athletica Inc
The Top Form Brassiere Manufacturing Company Limited
KAS Direct Sourcing
Rosset ;& Cia Limited
Chori Company Limited
PVH Corporation
Abit
Walmart
Recron Polyester from Reliance Industries Limited
Permoda(Koaj/Armi/Pronto/Bkul)
Green Fibre
John Varvatos
IKEA of Sweden AB
Brandix Lanka Limited
Aquarelle Clothing Limited
Decathlon
Asos
Under Armour Global Sourcing Ltd
Tory Burch Hong Kong Ltd
Desigual - ABASIC, S.A.
Alison Hayes Romania
KIABI
MAS Active / MAS Kreeda / MAS Bodyline
IDH – The Sustainable Trade Initiative
J ;& P Coats
Landmark Group
Seasalt Limited
Lifestyle
Gokaldas Exports Limited
Lenzing Aktiengesellschaft
Hirdaramani International Export Private Limited
Boardriders Asia Sourcing Limited
C;&A Sourcing International Ltd
SYNERGIES HONG KONG LIMITED
Lisa S.P.A.
LC Waikiki
Tchibo GmbH
Puma
Sateri (Jiujiang) Fiber Co.,Ltd
Etam Group Strategy Hong Kong Limited
G-Star Raw C.V.
Rayonese Textile Inc., Division de Culp Inc.
Gap International Sourcing Limited
Helly Hansen Far East Ltd
Alix Partners
NITI Aayog
Calvin Klein
Cat Tuong Real Estate Group Joint Stock Company
Hela Clothing Pvt Ltd
Phong Phu international JSC (PPJ)
Lacoste (Wanchai)
TESCO INTERNATIONAL SOURCING LIMITED
Target Corporation (MN)
SHAHI Exports Pvt Ltd
International Textile Manufacturers Federation
BIMBA ;& LOLA SL
Deckers Outdoor (Guangzhou) Consultant Co., LTD.
Guess Europe Sagl,
Eastman Chemical Company
Huntsman (Singapore) Pte Ltd
Splash
T.T. Limited
OVS Hong Kong Sourcing Ltd.
Sportswear Company Spa
Esprit Europe Services GmbH
Sportmaster Ltd.
Chico’ FAS
Restoque S.A.
THE BOMBAY DYEING ;& MFG.CO. LTD
Groz-Beckert East Asia LLP

January 2022

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Advanced Search