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Sep 30, 2024
Ethan Allen Q1 2025 Earnings Report
Ethan Allen maintained strong margins and operating cash flow amidst a challenging economic environment.
Key Takeaways
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.
Consolidated net sales were $154.3 million compared to $163.9 million a year ago.
Operating margin was 11.4%, with an adjusted operating margin of 11.5% compared to 12.1% last year.
Diluted EPS was $0.57 compared to $0.58; adjusted diluted EPS was $0.58.
The company ended the quarter with $186.4 million in total cash and investments and no debt outstanding.
Ethan Allen
Ethan Allen
Forward Guidance
The company looks forward to continued progress and remains cautiously optimistic.