Ethan Allen Q1 revenue falls 23.6% to $163.9M; EPS $0.58 vs $1.17; Vermont flood hit sales by $15M

ETHAN ALLEN INTERIORS INC

2024-Q1 EPS reported $0.58 revenue$163,892,000

Consolidated net sales $163.9M (-23.6% YoY); retail sales $133.6M (-27.3%).
GAAP diluted EPS $0.58 vs $1.17; adjusted EPS $0.63 vs $1.11.
Vermont flood lowered shipments by ~$15M; $2.1M pre-tax charge net of insurance recoveries.
Gross margin 61.1% (up from 60.4%) due to favorable product mix and lower input costs.
Regular dividend $0.36/share declared payable Nov 22, 2023; $163.2M cash, no debt.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

ETHAN ALLEN INTERIORS INC reported fiscal 2024 first quarter ended September 30, 2023 results: revenue $163.9 million, EPS $0.58.

Period: fiscal 2024 first quarter ended September 30, 2023
Revenue: $163.9 million
EPS: $0.58
Result: reported results

Exact text from the filing

of 61.1% and an adjusted operating margin of 12.1%. We also continued to generate positive operating cash flow and as of September 30, 2023, we had total cash and investments of $163.2 million and no debt. We paid a special cash dividend of $0.50 per share during August 2023, in addition to our regular quarterly cash dividend of $0.36 per share. We are also pleased to

View on SEC.gov

Browse all earnings releases →

ETHAN ALLEN INTERIORS INC filing history →

Source: SEC EDGAR

accession 0001437749-23-028940

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.