secwatch.observer — SEC 8-K summary
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Issuer:     ETHAN ALLEN INTERIORS INC (ETD)
CIK:        0000896156
Form:       8-K
Filed at:   2023-10-25T23:59:59+00:00
Accession:  0001437749-23-028940
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/896156/000143774923028940/0001437749-23-028940-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/896156/000143774923028940/eth20231024_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-23-028940

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