Dr. John B. Clark
Effective June 30, 2023, Dr. John B. Clark resigned as a director of Ethan Allen Interiors Inc.
Highest-materiality recent filing
Ethan Allen Q4 sales fall 8.5% to $146.8M; adjusted EPS $0.36; declares $0.25 special dividend
Q4 net sales $146.8M (-8.5% YoY); adjusted diluted EPS $0.36 vs $0.49; adjusted operating margin 7.4% vs 9.7%.
Ethan Allen Q3 net sales $135.8M (-4.8%), adjusted EPS $0.24 vs $0.38; declares $0.39 dividend
Consolidated net sales $135.8M, down 4.8% YoY; retail net sales $116.2M, wholesale $84.9M.
Ethan Allen Q2 net sales $149.9M, adj. EPS $0.44; written orders fall amid government shutdown
Net sales $149.9M, down 4.7% YoY; adjusted diluted EPS $0.44 vs $0.59.
All six director nominees elected with at least 19.9M votes in favor.
Ethan Allen Q1 FY2026: net sales $147M, adj. EPS $0.43, retail orders up 5.2%
Net sales $147.0M, down from $154.3M; gross margin 61.4% vs 60.8% prior year.
Net sales $160.4M (down 4.9% YoY); retail written orders +1.6% YoY; wholesale written orders -6.8%.
Ethan Allen Q3 net sales $142.7M, adjusted EPS $0.38 vs $0.48 YoY
Consolidated net sales $142.7M (down 2.5% YoY); diluted EPS $0.37 vs $0.50; adjusted diluted EPS $0.38 vs $0.48.
Ethan Allen Q2 EPS $0.59, revenue $157M; written orders up 15.8%; dividend raised to $0.39
Diluted EPS $0.59 vs $0.68 prior year; adjusted EPS $0.59 vs $0.67.
Ethan Allen shareholders elect directors, approve say-on-pay, ratify auditor at 2024 annual meeting
All six director nominees elected: Kathwari (21.1M for), Casar (21.1M), Dooner (20.9M), Sable (21.0M), Stacom (21.1M), Tsai (21.2M); 1.94M broker non-votes each.
Ethan Allen Q1 fiscal 2025 sales $154.3M (-5.8% YoY); EPS $0.57 vs $0.58; dividend maintained
Net sales $154.3M vs $163.9M; GAAP EPS $0.57 ($0.58 adjusted) vs $0.58 ($0.63 adjusted) prior year.
Ethan Allen reports Q4 sales down 10%, EPS $0.72 vs $0.99; declares $0.40 special dividend
Q4 net sales $168.6M (-10% YoY); full-year sales $646.2M (-18.3%).
Ethan Allen Q3 net sales $146.4M (-21.4% YoY); EPS $0.50; dividend raised 8.3% to $0.39
Consolidated net sales $146.4M, down 21.4% YoY; retail written orders down 8.6%, wholesale down 14.6%.
Ethan Allen Q2 FY2024 net sales down 17.7% to $167.3M; diluted EPS $0.68 vs $1.10 prior year
Consolidated net sales $167.3M (-17.7% YoY); retail segment down 19.0%, wholesale down 14.7%.
All six director nominees elected with votes ranging from 17.8M to 18.5M for; M. Farooq Kathwari had 857,384 against.
Ethan Allen Q1 revenue falls 23.6% to $163.9M; EPS $0.58 vs $1.17; Vermont flood hit sales by $15M
Consolidated net sales $163.9M (-23.6% YoY); retail sales $133.6M (-27.3%).
Ethan Allen's Orleans plant resumes ops post-flood; net loss ~$2.5M, Q1 sales hit ~$15M
July flooding of Barton River damaged inventory, equipment; caused ~7-week work stoppage.
Ethan Allen reports Q4 revenue down 18.4% to $187.4M; adj. EPS $0.96; special $0.50 dividend
FY 2023 net sales $791.4M (-3.2% YoY); adj. diluted EPS $4.03 (+2.5%).
Director John B. Clark resigns from Ethan Allen board effective June 30, 2023
Dr. John B. Clark resigned from Ethan Allen's Board of Directors, effective June 30, 2023.
Ethan Allen Q3 FY2023 net sales $186.3M, adj. EPS $0.86, raises dividend 13% to $0.36
Net sales $186.3M (-5.7% YoY), gross margin 59.9%, operating margin 15.5%.
Ethan Allen General Counsel and Secretary Eric Koster to retire effective April 28, 2023
Eric D. Koster, VP, General Counsel and Secretary, announced his retirement.
Ethan Allen SVP Merchandising Ashley Fothergill departs effective Feb 1, 2023
Ashley Fothergill, SVP of Merchandising, left Ethan Allen Interiors effective February 1, 2023.
Ethan Allen Q2 EPS up 15.8% to $1.10; gross margin expands to 61.0%
Adjusted diluted EPS $1.10 vs $0.95 last year, up 15.8%; net sales $203.2M down 2.4%.
Ethan Allen annual meeting: all director nominees elected, say-on-pay passes, auditor ratified
All seven director nominees elected with majority support; Kathwari received 19.1M for, 292K against.
Ethan Allen Q1 sales up 17.7% to $214.5M; diluted EPS $1.17 (+48.1% YoY)
Net sales $214.5M (+17.7% YoY); diluted EPS $1.17 vs $0.79; adjusted EPS $1.11 (+38.8%).
Ethan Allen reports record Q4 EPS $1.23, sales up 28.8% YoY; declares special $0.50 dividend
Q4 diluted EPS $1.23 (GAAP), adjusted $1.25; revenue $229.7M, +28.8% YoY.
Ethan Allen Q3 EPS $0.97 beats; revenue up 11.7% to $197.7M; dividend raised 10%
GAAP diluted EPS $0.97 (up 59% YoY); adjusted EPS $0.93 (up 60.3%).
Ethan Allen dismisses KPMG as auditor, appoints CohnReznick
Audit Committee dismissed KPMG on Feb 7, 2022 after competitive process; no disagreements or reportable events.
New employment agreement for Chairman/President/CEO M. Farooq Kathwari effective July 1, 2022, term through June 30, 2025.
Ethan Allen Q2 FY2022 EPS $1.05, revenue $208.1M (+16.4% YoY), dividend up 16%
Net sales $208.1M (+16.4% YoY); GAAP diluted EPS $1.05, adjusted EPS $0.95 (+37.7%).
Ethan Allen adds Gina Casar to Board, declares $0.29 quarterly dividend
María Eugenia (Gina) Casar, former UN assistant executive director, elected independent director effective Jan 25, 2022.
Ethan Allen EVP Operations & Manufacturing Corey Whitely steps down effective Jan 14, 2022
Corey Whitely, EVP Operations, Manufacturing and Technology, will step down from full-time role on January 14, 2022.
Ethan Allen promotes three executives to senior roles; CMO departs
Corey Whitely promoted to EVP Operations; previously EVP Admin and CFO, effective Dec 15, 2021.
All six director nominees elected with >90% support; highest vote for Dr. John Clark (20,652,909 for).
Ethan Allen Q1 sales up 20.7% to $182.3M, adjusted EPS $0.80 (+122% YoY)
Consolidated net sales $182.3M, up 20.7% YoY; Retail net sales $155.0M (+31.3%), Wholesale $109.4M (+12.4%).
Ethan Allen Q4 net sales up 94.7%, adjusted EPS $0.74; declares $0.75 special dividend
Q4 net sales $178.3M (+94.7% YoY); diluted EPS $0.71 vs ($0.48).
Ethan Allen board member Schmotter to retire, SVP Grow steps down
Dr. James W. Schmotter to retire from Board effective 2021 Annual Meeting; no disagreement cited.
Ethan Allen to change NYSE ticker from ETH to ETD on August 16, 2021
New ticker 'ETD' (D for Design) effective at market open on August 16, 2021.
Ethan Allen reports preliminary Q4 FY2021 net sales $178.3M (+94.7%), adjusted EPS $0.72-$0.74
Consolidated net sales $178.3M, up 94.7% YoY; retail segment written orders +105%.
Effective June 30, 2023, Dr. John B. Clark resigned as a director of Ethan Allen Interiors Inc.
On March 21, 2023, Eric D. Koster, Vice President, General Counsel and Secretary, informed Ethan Allen Interiors Inc. (“Ethan Allen” or the “Company”) of his planned retirement from the Company, effective April 28, 2023.
Ashley Fothergill, Senior Vice President, Merchandising, has departed Ethan Allen Interiors Inc. (the “Company”), effective February 1, 2023.
On January 25, 2022, Ethan Allen Interiors Inc. (the “Company”) issued a press release announcing that its Board of Directors elected María Eugenia (Gina) Casar, age 62, to serve as an independent director of the Company for a term that will expire at the annual meeting of stockholders in 2022.
On January 3, 2022, Corey Whitely, Executive Vice President, Operations, Manufacturing and Technology, informed Ethan Allen Interiors Inc. (“Ethan Allen” or the “Company”) of his planned intention to step down from his full-time employment role and transition out of the Company and into an advisory role, effective January 14, 2022.
Corey Whitely was promoted to the position of Executive Vice President, Operations
Amy Franks was promoted to the position of Executive Vice President, Retail Network and Business Development
Rodney A. Hutton, Chief Marketing Officer, who had been with the Company since January 2020, has departed Ethan Allen, effective December 15, 2021.
Matthew J. McNulty, age 43, who currently serves as the Vice President, Finance and Treasurer was promoted to Senior Vice President, Treasurer and Chief Financial Officer.
Effective August 1, 2021, Daniel M. Grow stepped down from his position of Senior Vice President, Business Development and as such, is no longer an executive officer of the Company.
On August 3, 2021, Dr. James W. Schmotter notified the Board of Directors (the “Board”) of Ethan Allen Interiors Inc. (the “Company”) that he has decided to retire from the Board, effective the date of the Company’s 2021 Annual Meeting of Stockholders.
Max materiality 0.80 · Median 0.65 · Most common event earnings