Ethan Allen Mails Letter to Shareholders Detailing its Highly Qualified Nominees and Executable Growth Plan
Globe Newswire•12/10/2026•06:00 ET
0
Key Highlights
- ➤Ethan Allen urges shareholders to elect five nominees and withhold votes from DGB’s slate
- ➤Fiscal 2026 operating cash flow reached $52.5 million, with $187.5 million cash and investments
- ➤Ethan Allen plans a 15% fiscal 2027 marketing-spend increase after raising spending 10% in fiscal 2026
- ➤Board commits to naming Ethan Allen’s next CEO by June 30, 2027, amid an active search
- ➤Ethan Allen reports gross margins above 59% for five consecutive years
Urges Shareholders to Vote “FOR” Ethan Allen’s Five Nominees, Whose Experience is Directly Aligned with the Company’s Strategy on the BLUE Proxy Card
Changing the Board During an Active CEO Transition Creates Unnecessary Risk
Get started
Create a free account to read the full story.