EBF — what changed in the latest 10-Q
A section-by-section comparison of EBF's newest periodic SEC filing (10-K/10-Q) against the prior same-form filing: paragraphs added and removed per section, with verbatim excerpts. Purely a deterministic text diff — no similarity scores, no directional read, not investment advice.
Comparing 10-Q · 2026-07-01 vs the prior 10-Q · 2026-01-07
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +16 | −26 | ~15 | 14 |
| Market risk (Item 3) | Text added/removed | 0 | 0 | ~1 | 1 |
| Controls & procedures | Text added/removed | 0 | 0 | ~2 | 0 |
| Legal proceedings | Text added/removed | +1 | −1 | 0 | 1 |
| Risk factors | No material changes reported (points to the 10-K) | — | — | — | — |
Counts are paragraphs; added/removed means text added or removed vs the prior filing — no direction or judgement implied.
Not shown (absent or not faithfully extractable): Other information
Representative excerpts
Up to 5 excerpts of about 300 characters per section, quoted verbatim from the two SEC filings.
MD&A
Text added vs the prior filing · source: 10-Q · 2026-07-01
Production capacity and price competition within our industry – Industry supply of paper products continues to fluctuate as market conditions influence producers to idle, permanently close, or convert paper machines and mills to alternative product lines. These actions, together with ongoing demand …
During fiscal year 2026, the sole domestic producer of carbonless paper permanently closed its manufacturing facility. In response, we increased inventory levels and developed alternative supply sources. While we continue to transition to these alternative suppliers and do not currently anticipate d…
Margins continue to be affected by volume variability in certain markets, input cost inflation and pricing competition. We seek to mitigate these impacts through disciplined pricing practices, strategic sourcing initiatives, operational efficiency improvements and effective management of our manufac…
Cost of Goods Sold and Gross Profit Margin. Our cost of goods sold increased $0.5 million, or 0.7%, from $67.0 million for the three months ended May 31, 2025 to $67.5 million for the three months ended May 31, 2026. Gross profit was $31.1 million or 31.5% of revenue for the quarter ended May 31, 20…
Other income (expense). Other income was $0.1 million for the three months ended May 31, 2026 compared to other income of $0.2 million for the three months ended May 31, 2025.
Text removed vs the prior filing · source: 10-Q · 2026-01-07
million in sales for its fiscal year ended December 31, 2024, strengthens our production capabilities to serve our customers in the Northeast United States.
Production capacity and price competition within our industry – Industry supply of paper products continues to fluctuate as changing market conditions have influenced, and are expected to continue to influence, producers to idle or permanently close individual machines or mills, or convert capacity …
Cost of Goods Sold and Gross Profit Margin. Our cost of goods sold decreased $2.3 million, or 3.3%, from $70.5 million for the three months ended November 30, 2024 to $68.2 million for the three months ended November 30, 2025. Gross profit was $32.0 million or 31.9% of revenue for the quarter ended …
Other income (expense). Other income (expense) was not material for the three months ended November 30, 2025 compared to other income of $1.0 million for the three months ended November 30, 2024. Interest income for the three months ended November 30, 2025 and 2024 were $0.3 and $1.4 million, respec…
Provision for income taxes. Our effective income tax rate was 27.5% for the three months ended November 30, 2025 and remained flat compared to the three months ended November 30, 2024.
Legal proceedings
Text added vs the prior filing · source: 10-Q · 2026-07-01
Ennis and one of its subsidiaries are defendants in a lawsuit in Arizona concerning the lease of the former B&D Litho facility that was closed in 2019. The plaintiff landlord generally alleges that the defendants failed to maintain the leased premises in good condition. The landlord sought more than…
Text removed vs the prior filing · source: 10-Q · 2026-01-07
Ennis and one of its subsidiaries are defendants in a lawsuit in Arizona concerning the lease of the former B&D Litho facility that was closed in 2019. The Company has denied the landlord’s allegations and is vigorously contesting the landlord’s unreasonable claim. The Court has made a preliminary r…
How to read Risk Factors (Item 1A) in a 10-Q
A 10-Q risk-factor section usually takes one of three forms; this page classifies it as one of:
- Pointer — the filer states there have been no material changes and points back to the annual 10-K risk factors; there is no own risk text to compare this quarter.
- Partial update — the filer carves out specific updated risks ("except as set forth below"); the excerpts show exactly what is new this quarter.
- Restated in full — the quarter carries the complete risk-factor text. When the prior quarter was only a pointer there is no prior full text to diff against, so the page flags the section as restated instead.
This describes the filing structure only — it is never a judgement on whether risk went up or down.
Source: text-level diff of the two SEC EDGAR filings · deterministic (no AI-generated content) · for reference only · not investment advice