Ethan Allen Q2 2022 Earnings Report
Key Takeaways
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.
Consolidated net sales increased 16.4% to $208.1 million.
Retail net sales increased 24.0% to $179.6 million.
Wholesale net sales increased 14.2% to $115.9 million.
Adjusted diluted EPS of $0.95 increased 37.7%.
Ethan Allen
Ethan Allen
Ethan Allen Revenue by Segment
Forward Guidance
Ethan Allen remains cautiously optimistic to continue its growth due to the strength of its offerings and its strong interior design professionals, who increasingly utilize technology with their personal services.
Revenue & Expenses
Visualization of income flow from segment revenue to net income