Ethan Allen Reports First Quarter Results
Key Highlights
- ➤Net sales $129.6 million, down 11.8% year over year
- ➤Adjusted diluted EPS $0.10, down from $0.43
- ➤Adjusted operating margin 2.2%, down from 7.2%
- ➤Cash dividends paid $92.2 million, including $3.25 per-share special dividends
- ➤No outstanding debt; cash and equivalents totaled $92.2 million
DANBURY, CT, Nov. 09, 2026 (GLOBE NEWSWIRE) -- Ethan Allen Interiors Inc. (“Ethan Allen” or the “Company”) (NYSE: ETD), a leading interior design destination, today reported its results for the first quarter ended September 30, 2026.
For the three months ended September 30, 2026, consolidated net sales were $129.6 million compared with $147.0 million in the prior year period. Consolidated gross margin was 59.6%; operating and adjusted operating margins were 1.3% and 2.2%, respectively. Diluted and adjusted diluted earnings per share were $0.07 and $0.10, respectively. Lower sales and tariffs pressured margins, partly offset by operating efficiencies. Retail and Wholesale segment written orders were down 1.2% and 1.3%, respectively, year over year, primarily due to lower design center traffic, a soft housing market, global unrest and U.S. mid-term election uncertainty. Despite these challenges, Retail written orders in the first quarter rose 13.2% sequentially when compared with the Company’s fourth quarter of fiscal 2026 and this momentum carried into the month of October, which saw a 0.3% increase.
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