Ethan Allen Q1 sales up 20.7% to $182.3M, adjusted EPS $0.80 (+122% YoY)

ETHAN ALLEN INTERIORS INC

2022-Q1 EPS reported $0.79 revenue$182,327,000

Consolidated net sales $182.3M, up 20.7% YoY; Retail net sales $155.0M (+31.3%), Wholesale $109.4M (+12.4%).
Gross margin 59.9% (vs 56.8%); operating margin 15.0% (vs 7.7%); diluted EPS $0.79 (vs $0.37).
Adjusted diluted EPS $0.80, up 122.2% from $0.36; adjusted operating margin 15.2%.
Paid special cash dividend $0.75/share and regular $0.25/share; cash on hand $93.7M, no bank debt.
Written orders: Retail +6.1%, Wholesale +8.1%; customer deposits $140.2M; plans to expand manufacturing.

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