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ENNIS BUSINESS FORMS REPORTS NINE MONTHS OPERATING RESULTS

 ENNIS BUSINESS FORMS REPORTS NINE MONTHS OPERATING RESULTS
 ENNIS, Texas, Dec. 17 /PRNewswire/ --Kenneth A. McCrady, chairman of the board, reported interim operating results for Ennis Business Forms, Inc. (NYSE: EBF) today. For the nine months ended Nov. 30, 1991, net sales were $104,285,000, compared to sales of $96,169,000 for the same period last year and net earnings were $14,741,000 ($.81 a share), compared to earnings for the same period last year of $14,739,000 ($.77 a share). Per share earnings computations were based on 18,247,675 shares for 1991 and 19,021,746 shares for the prior period.
 For the third quarter ended Nov. 30, 1991, net sales were $35,818,000 compared to sales of $31,924,000 for the same period last year and net earnings were $4,877,000 ($.27 a share), compared to net earnings for the same period last year of $4,829,000 ($.26 a share).
 The number of shares outstanding and earnings per share of common stock have been adjusted for a three-for-two stock distribution in July, 1991.
 ENNIS BUSINESS FORMS, INC.
 Earnings Summary
 (dollars in thousands, except per share amounts -- unaudited)
 Periods ended Nine months Three months
 Nov. 30,
 1991 1990 1991 1990
 Net sales $ 104,285 $ 96,169 $ 35,818 $ 31,924
 Earnings before
 income taxes 23,355 23,145 7,842 7,583
 Provision for
 income taxes 8,614 8,406 2,969 2,754
 Net earnings $ 14,741 14,739 $ 4,877 4,829
 Earnings per
 share of
 common stock $ .81 .77 $ .27 .26
 -0- 12/17/91
 /CONTACT: Kenneth A. McCrady of Ennis Advertising & Communication, 214-875-6581/
 (EBF) CO: Ennis Business Forms, Inc. ST: Texas IN: SU: ERN


SH -- NY031 -- 2899 12/17/91 11:06 EST
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Publication:PR Newswire
Date:Dec 17, 1991
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