Ethan Allen Interiors Inc. reports developments in interior design, home furnishings manufacturing and retail operations. The company operates Wholesale and Retail segments, sells custom furniture and artisan-crafted accents through design centers, and provides complimentary interior design service under the Ethan Allen brand.
Recurring updates cover fiscal results, operating cash flow, margins, inventories, regular dividends, design center activity, product introductions, marketing and technology initiatives, North American manufacturing, logistics and responsible wood sourcing. News also includes annual meeting and board-related developments tied to the company’s public-company governance.
Ethan Allen (ETD) earned its ninth consecutive Great Place to Work® Mexico certification for its upholstery operations in Silao, Guanajuato, Mexico. The certification is based on independent analysis and employee surveys. Earlier this year, the Silao plant also received an Empresa Socialmente Responsable designation for the seventh consecutive year, recognizing its commitment to social responsibility and sustainability.
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Ethan Allen (ETD) has opened a Design Center in Aventura, Florida, marking its return to South Florida. Located in Town Center at 18713 Biscayne Boulevard, the center offers complimentary interior design consultations in person, at clients’ homes or remotely.
Ethan Allen (ETD) filed its definitive proxy statement for its November 4, 2026 annual shareholder meeting.
Shareholders of record at the close of business on September 11 may vote. For fiscal 2026, the company reported a 61.2% gross margin, $45 million in operating income and $52.5 million in operating cash flow, including $5.0 million in tariff refunds. At June 30, 2026, it held $187.5 million in cash and investments and had no outstanding debt. Its five-year total shareholder return was 49.1% through September 21, 2026, including reinvested dividends.
Average order value rose from $4,635 in fiscal 2023 to $5,353 in fiscal 2026. The board has committed to announce the next CEO by June 30, 2027, when M. Farooq Kathwari’s current contract is scheduled to end. Shareholders can vote for the board’s five nominees on the BLUE proxy card.
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Doug Bergeron, a 5.2% shareholder of Ethan Allen (ETD), issued a statement on September 21, 2026 responding to Ethan Allen’s same-day announcement of a CEO succession process.
Bergeron contrasts the company’s newly described “ongoing formal” CEO search with his alternative director slate’s previously announced independent CEO search, and frames the upcoming contested director election as a choice over which slate should oversee selection of the next chief executive. The statement is part of Bergeron’s broader proxy campaign for board change at Ethan Allen.
Ethan Allen (ETD) announced an ongoing formal CEO succession process and set a deadline to name its next chief executive.
The Board’s Corporate Governance, Nominations and Sustainability Committee, composed entirely of independent directors, has hired a nationally recognized search firm to evaluate both internal and external candidates. The Board committed to publicly announcing the next CEO no later than June 30, 2027, when current CEO Farooq Kathwari’s contract ends. Kathwari will stay as CEO through the transition and then serve as a non-executive director until the 2027 annual meeting, after which he will step down from the Board.
Doug Bergeron, a 5.2% shareholder of Ethan Allen (ETD), has initiated an independent search for potential CEO candidates ahead of the company’s 2026 Annual Meeting of Stockholders.
Bergeron and his director nominees have engaged a leading global executive search firm and begun defining a CEO success profile focused on operating leadership and experience in modern omnichannel retail and branded consumer businesses. Nominee Kristine Miller, a former Chief Strategy Officer at eBay (EBAY) and longtime Bain & Company executive, is leading the process, supported by fellow nominees Anna Brockway, Steve Oblak, Stefanie Tsen Ward and Bergeron.
The group has filed a preliminary proxy statement with the SEC and plans to solicit votes using a WHITE universal proxy card. Through DGB Investment and related trusts, Bergeron may be deemed to beneficially own 1,275,000 Ethan Allen shares, while another participant, Jennifer Harrison, directly owns 25,000 shares.
Doug Bergeron (ETD) has filed a preliminary proxy statement with the SEC to nominate five director candidates to Ethan Allen’s Board at the 2026 Annual Meeting of Stockholders.
Bergeron, together with affiliated entities and trusts, reports beneficial ownership of approximately 5.2% of Ethan Allen’s outstanding common stock. His proposed slate comprises Doug Bergeron, Anna Brockway, Kristine Miller, Steve Oblak and Stefanie Tsen Ward. The filing initiates a proxy solicitation using a WHITE universal proxy card, with DGB Investment, certain Bergeron family trusts, Jennifer M. Harrison and the nominees identified as participants in the solicitation. Proxy materials will be made available free of charge on the SEC’s website.
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