earnings
confidence high
sentiment neutral
materiality 0.70
Ethan Allen Q3 net sales $146.4M (-21.4% YoY); EPS $0.50; dividend raised 8.3% to $0.39
ETHAN ALLEN INTERIORS INC
2024-Q3 EPS reported
$1.77
revenue$477,589,000
- Consolidated net sales $146.4M, down 21.4% YoY; retail written orders down 8.6%, wholesale down 14.6%.
- GAAP diluted EPS $0.50 vs $0.87; adjusted diluted EPS $0.48.
- Cash and investments $181.1M, no debt; generated $23.7M operating cash in Q3.
- Board increased regular quarterly dividend 8.3% to $0.39/share, payable May 23, 2024.
- Gross margin improved 140 bps to 61.3%; headcount down 9.6% YoY to 3,448.