Ethan Allen Earnings Reports

Ethan Allen reported consolidated net sales of $157.3 million, a gross margin of 60.3%, and an operating income of $18.2 million for the quarter ended December 31, 2024. The company's diluted EPS was $0.59, and it ended the quarter with $184.2 million in total cash and investments. The Board approved a regular quarterly cash dividend of $0.39 per share.

Ethan Allen reported consolidated net sales of $154.3 million, a gross margin of 60.8%, and an operating income of $17.6 million. The company ended the quarter with $186.4 million in total cash and investments. The Board approved a regular quarterly cash dividend of $0.39 per share.

Ethan Allen reported its Q4 2024 results, showing a decrease in net sales but maintaining a strong gross margin. The company generated strong cash flow, increased its regular quarterly cash dividend, and invested in its Interior Design Destination initiative.

Ethan Allen reported a decrease in consolidated net sales by 21.4% to $146.4 million, but maintained a strong financial position with $181.1 million in cash and investments and no debt. The company's operating margin was 10.5%, with an adjusted operating margin of 10.0%.

Ethan Allen reported a decrease in net sales by 17.7% to $167.3 million, alongside a diluted EPS of $0.68. Despite lower sales, the company maintained a strong gross margin of 60.2% and ended the quarter with $167.8 million in cash and investments.

Ethan Allen reported a decrease in consolidated net sales by 23.6% to $163.9 million due to flooding in Vermont and a slowing economy. Despite these challenges, the company maintained a strong gross margin of 61.1% and an adjusted operating margin of 12.1%. They also generated positive operating cash flow, ending the quarter with $163.2 million in cash and investments and no debt.

Ethan Allen reported financial results for the fourth quarter ended June 30, 2023. Consolidated net sales were $187.4 million, with a gross margin of 61.5% and an adjusted operating margin of 16.3%. Adjusted diluted EPS was $0.96. The company ended the quarter with $172.7 million in cash and investments and no debt.

Ethan Allen reported consolidated net sales of $186.3 million, a gross margin of 59.9%, an operating margin of 15.5%, and a net income of $22.4 million for Q3 2023. The adjusted diluted earnings per share was $0.86. The company had $156.2 million in cash and investments with no debt. The board approved a 13% increase to the regular quarterly cash dividend to $0.36 per share.

Ethan Allen reported strong Q2 fiscal 2023 results with net sales of $203.2 million, a gross margin of 61.0%, and an operating margin of 18.2%. Adjusted diluted EPS increased by 15.8% to $1.10. The company had $140.4 million in cash and investments with no debt.

Ethan Allen reported a strong first quarter with a 17.7% increase in sales to $214.5 million and a 48.1% increase in diluted earnings per share to $1.17. The company generated $38.4 million in operating cash flow and returned $20.9 million to shareholders through dividends.

Ethan Allen reported a strong Q4 with a 28.8% increase in sales and a 73.2% increase in diluted EPS, reaching a quarterly record. The company's success is attributed to its vertical integration, strong order backlogs, increased production capacity, and effective interior designers.

Ethan Allen reported an 11.7% increase in sales to $197.7 million, with gross margin increasing to 60.4% and operating margin rising to 16.5%, resulting in diluted EPS of $0.97, a 59.0% increase. The company ended the quarter with a strong balance sheet, including $104.6 million in cash and investments and no debt.

Ethan Allen reported a 16.4% increase in sales to $208.1 million, with gross margin increasing to 58.8% and adjusted operating margin rising to 15.7%. Diluted EPS was $1.05, and adjusted EPS increased by 37.7% to $0.95. The company ended the quarter with $105.2 million in cash and no debt.

Ethan Allen reported a strong first quarter for fiscal year 2022, with a 20.7% increase in sales, a gross margin of 59.9%, and an operating margin of 15.0%. Diluted EPS was $0.79, and adjusted EPS was $0.80, a 122.2% increase compared to the prior year. The company ended the quarter with $93.7 million in cash and no bank debt.

Ethan Allen reported a strong fourth quarter and fiscal year, with net sales increasing by 94.7% in Q4 and diluted EPS reaching $0.71. The company benefited from strategic changes, capacity expansion, and technology enhancements, leading to improved operating leverage and strong cash generation. Demand remained strong, driven by high written orders in both wholesale and retail segments.

Ethan Allen reported a strong Q3 2021 with significant growth in written orders and net sales. The company achieved GAAP EPS of $0.61 and adjusted EPS of $0.58, a substantial improvement compared to the prior year. They also ended the quarter with over $100 million in cash and declared a special dividend of $0.75 in addition to the regular quarterly dividend of $0.25.

Ethan Allen reported a strong second quarter in fiscal year 2021, driven by heightened consumer demand for home furnishings and design services. The company saw significant growth in written orders, improved operating margins, and a strong cash position with no debt. Earnings per share increased substantially due to disciplined cost and expense controls.

Ethan Allen reported a decrease in net sales due to COVID-19 impacts but improved gross and operating margins. Retail written orders increased, and the company repaid all outstanding debt, ending the quarter with a strong cash position.

Ethan Allen's Q4 2020 results were significantly impacted by COVID-19, with a 50.2% decrease in consolidated net sales to $91.6 million. The company reported a diluted loss per share of ($0.48) and an adjusted loss per share of ($0.15). Despite these challenges, Ethan Allen maintained a strong cash position, generated $14 million in cash from operating activities, and reinstated its regular quarterly cash dividend.

Ethan Allen's Q3 2020 results were negatively impacted by a lower order backlog from the transition to a membership model and disruptions from COVID-19. Despite challenges, the company saw strong order growth in the first two months of the quarter and managed to generate about 35% of written orders in April compared to the previous year, even with design center closures. The company has taken steps to conserve cash, including suspending dividends and share repurchases.

Ethan Allen reported a decrease in net sales and earnings per share for the second quarter of fiscal year 2020, primarily due to the transition to a membership model and cautious consumer spending. While gross margin improved, operating income decreased due to lower sales volume and increased advertising costs.