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Jun 30, 2024
Ethan Allen Q4 2024 Earnings Report
Reported strong performance despite lower demand and reductions in high backlog.
Key Takeaways
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.
Consolidated net sales decreased by 10.0% to $168.6 million.
Retail net sales were lower by 7.1% at $145.1 million, while wholesale net sales decreased by 20.3% to $91.2 million.
Consolidated gross margin remained strong at 60.8%, only slightly lower than the previous year.
Diluted EPS was $0.72, and adjusted diluted EPS was $0.70.
Revenue by Segment
Forward Guidance
Ethan Allen looks forward to continuing their progress and remains cautiously optimistic.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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