Ethan Allen Reports Fiscal 2025 and Fourth Quarter Results Highlighted by Strong Margins and Positive Demand; Declares Special and Regular Cash Dividend
Ethan Allen (NYSE:ETD) reported its fiscal 2025 Q4 and full-year results, demonstrating strong margins despite industry challenges. Q4 highlights include consolidated net sales of $160.4M, a gross margin of 59.9%, and adjusted diluted EPS of $0.49. The company's retail segment showed positive momentum with written orders up 1.6%.
The Board approved a special cash dividend of $0.25 per share and a regular quarterly dividend of $0.39 per share, both payable August 28, 2025. The company maintains a strong financial position with $196.2M in cash and investments and no outstanding debt. Ethan Allen's vertically integrated business model, including manufacturing about 75% of furniture in North American facilities, continues to drive operational efficiency.
Ethan Allen (NYSE:ETD) ha comunicato i risultati del quarto trimestre e dell'intero anno fiscale 2025, mostrando margini solidi nonostante le sfide del settore. Tra i punti salienti del Q4 si segnalano vendite nette consolidate per 160,4 milioni di dollari, un margine lordo del 59,9% e un utile diluito rettificato per azione di 0,49 dollari. Il segmento retail dell'azienda ha evidenziato un andamento positivo con ordini scritti in aumento dell'1,6%.
Il Consiglio di Amministrazione ha approvato un dividendo straordinario in contanti di 0,25 dollari per azione e un dividendo trimestrale ordinario di 0,39 dollari per azione, entrambi pagabili il 28 agosto 2025. L'azienda mantiene una solida posizione finanziaria con 196,2 milioni di dollari in liquidità e investimenti e nessun debito in essere. Il modello di business verticalmente integrato di Ethan Allen, che include la produzione di circa il 75% dei mobili nelle proprie strutture nordamericane, continua a favorire l'efficienza operativa.
Ethan Allen (NYSE:ETD) informó sus resultados del cuarto trimestre y del año fiscal 2025, mostrando márgenes sólidos a pesar de los desafíos de la industria. Entre los aspectos destacados del Q4 se encuentran ventas netas consolidadas de 160,4 millones de dólares, un margen bruto del 59,9% y un EPS diluido ajustado de 0,49 dólares. El segmento minorista de la compañía mostró un impulso positivo con órdenes escritas que aumentaron un 1,6%.
El Consejo aprobó un dividendo especial en efectivo de 0,25 dólares por acción y un dividendo trimestral regular de 0,39 dólares por acción, ambos pagaderos el 28 de agosto de 2025. La compañía mantiene una sólida posición financiera con 196,2 millones de dólares en efectivo e inversiones y sin deuda pendiente. El modelo de negocio verticalmente integrado de Ethan Allen, que incluye la fabricación de aproximadamente el 75% de los muebles en sus instalaciones norteamericanas, continúa impulsando la eficiencia operativa.
Ethan Allen (NYSE:ETD)은 2025 회계연도 4분기 및 연간 실적을 발표하며 업계의 어려움 속에서도 견고한 마진을 보여주었습니다. 4분기 주요 내용으로는 통합 순매출 1억 6,040만 달러, 매출총이익률 59.9%, 그리고 조정 희석 주당순이익 0.49달러가 있습니다. 회사의 소매 부문은 주문서가 1.6% 증가하며 긍정적인 모멘텀을 보였습니다.
이사회는
Ethan Allen (NYSE:ETD) a publié ses résultats du quatrième trimestre et de l'année fiscale 2025, démontrant des marges solides malgré les défis du secteur. Parmi les points forts du T4 figurent des ventes nettes consolidées de 160,4 millions de dollars, une marge brute de 59,9 % et un BPA dilué ajusté de 0,49 $. Le segment de la vente au détail de l'entreprise a montré une dynamique positive avec des commandes écrites en hausse de 1,6 %.
Le conseil d'administration a approuvé un dividende exceptionnel en numéraire de 0,25 $ par action ainsi qu'un dividende trimestriel régulier de 0,39 $ par action, tous deux payables le 28 août 2025. L'entreprise maintient une solide position financière avec 196,2 millions de dollars en liquidités et investissements et aucune dette en cours. Le modèle d'affaires verticalement intégré d'Ethan Allen, qui comprend la fabrication d'environ 75 % des meubles dans ses installations nord-américaines, continue de favoriser l'efficacité opérationnelle.
Ethan Allen (NYSE:ETD) veröffentlichte seine Ergebnisse für das vierte Quartal und das gesamte Geschäftsjahr 2025 und zeigte trotz Branchenherausforderungen starke Margen. Zu den Highlights des Q4 zählen konsolidierte Nettoumsätze von 160,4 Mio. USD, eine Bruttomarge von 59,9 % und ein bereinigtes verwässertes Ergebnis je Aktie von 0,49 USD. Das Einzelhandelssegment des Unternehmens zeigte mit um 1,6 % gestiegenen Aufträgen positive Dynamik.
Der Vorstand genehmigte eine besondere Bardividende von 0,25 USD je Aktie sowie eine reguläre Quartalsdividende von 0,39 USD je Aktie, beide zahlbar am 28. August 2025. Das Unternehmen verfügt über eine starke Finanzlage mit 196,2 Mio. USD in liquiden Mitteln und Investitionen und keiner ausstehenden Verschuldung. Das vertikal integrierte Geschäftsmodell von Ethan Allen, das etwa 75 % der Möbel in nordamerikanischen Werken herstellt, trägt weiterhin zur operativen Effizienz bei.
- Strong gross margin of 59.9% in Q4 2025
- Retail segment written orders increased 1.6% in Q4
- Robust cash position of $196.2M with zero debt
- Special dividend of $0.25 and regular dividend of $0.39 per share declared
- Operating efficiency improved with 5.7% reduction in headcount
- Named America's #1 Premium Furniture Retailer for third consecutive year
- Q4 consolidated net sales declined to $160.4M from $168.6M year-over-year
- Wholesale segment written orders decreased 6.8% in Q4
- Full-year net sales dropped to $614.6M from $646.2M year-over-year
- Operating cash flow decreased to $61.7M from $80.2M in previous year
Insights
Ethan Allen shows resilience with strong margins and positive retail demand despite industry headwinds; announces special dividend highlighting financial strength.
Ethan Allen delivered respectable financial results in a challenging environment, maintaining impressive gross margins of
Most encouraging is the
The company's balance sheet remains exceptionally strong with
The vertically integrated business model, with approximately
Management acknowledged industry challenges including lower consumer confidence, a challenging housing market, and uncertainty around trade tariffs, yet expressed cautious optimism based on the company's 93-year history of navigating difficult economic periods. The planned expansion with new design centers in multiple locations signals confidence in their brick-and-mortar strategy augmented by technology integration.
DANBURY, CT, July 30, 2025 (GLOBE NEWSWIRE) -- Ethan Allen Interiors Inc. (“Ethan Allen” or the “Company”) (NYSE: ETD), a leading interior design destination, today reported its results for the fiscal 2025 full year and fourth quarter ended June 30, 2025 and announced a special and regular cash dividend.
Farooq Kathwari, Ethan Allen’s Chairman, President and CEO commented, “Our fiscal 2025 performance reflects the strength of our vertically integrated enterprise, including our interior design retail network, relevant product offerings and ability to manufacture about
“Our fourth quarter results are highlighted by retail segment written order growth, strong gross margin and
Mr. Kathwari further commented, “We are also pleased to have recently been named America’s #1 Premium Furniture Retailer by Newsweek for the third year in a row, which is a testament to the craftspeople who safeguard our reputation for quality, the logistics teams that create an industry-leading delivery experience, and the designers and retailers who are the ambassadors of our brand. We maintain a strong focus on talent, and as a result, our 3,211 dedicated associates continually prove to be our greatest asset.”
“We are confident in the strength of our business model as Ethan Allen has successfully navigated challenging times to serve our clients and deliver value to our shareholders throughout its 93-year history. Our robust balance sheet and financial stability provide a solid foundation and position us well as we head into fiscal 2026. We look forward to continuing our progress and remain cautiously optimistic,” concluded Mr. Kathwari.
FISCAL 2025 FOURTH QUARTER HIGHLIGHTS*
- Consolidated net sales of
$160.4 million ; prior year$168.6 million - Retail net sales of
$138.5 million ; prior year$145.1 million - Wholesale net sales of
$87.2 million ; prior year$91.2 million
- Retail net sales of
- Written orders
- Retail segment written orders increased
1.6% - Wholesale segment written orders lower by
6.8%
- Retail segment written orders increased
- Consolidated gross margin of
59.9% ; prior year60.8% - Operating margin of
9.5% ; adjusted operating margin of9.7% ; adjusted prior year13.1% - Expanded marketing with advertising expenses equal to
3.4% of sales compared with2.8% a year ago - Diluted EPS of
$0.48 ; adjusted diluted EPS of$0.49 ; adjusted prior year$0.70 - Generated
$24.8 million in operating cash flow; prior year$26.2 million - Paid cash dividends totaling
$10.0 million or$0.39 per share
FISCAL 2025 FULL YEAR HIGHLIGHTS*
- Consolidated net sales of
$614.6 million ; prior year$646.2 million - Retail net sales of
$523.1 million ; prior year$540.6 million - Wholesale net sales of
$359.1 million ; prior year$371.1 million
- Retail net sales of
- Written order trends
- Retail segment written orders lower by
1.5% - Wholesale segment written orders lower by
3.2%
- Retail segment written orders lower by
- Consolidated gross margin of
60.5% ; adjusted operating margin of10.2% - Selling, general and administrative expenses, representing
50.4% of sales, decreased1.7% from last year - Diluted EPS of
$2.01 ; prior year$2.49 - Generated
$61.7 million of cash from operating activities;$80.2 million a year ago - Paid total cash dividends of
$50.1 million during fiscal 2025, including a$0.40 per share special cash dividend paid in August 2024 - Invested
$11.3 million in capital expenditures, up from$9.6 million a year ago - Ended the fiscal year with
$196.2 million in total cash and investments; no outstanding debt - Inventory levels totaled
$140.9 million at June 30, 2025, down6.3% during the last three months and0.8% lower than a year ago - Ended the year with 3,211 total associates, down
5.7% from a year ago and32.2% less than June 2019 - Four new Company-operated design centers in Middleton, WI, Toronto, Canada, Peoria, AZ and Watchung, NJ were opened during fiscal 2025 that showcase Ethan Allen home furnishings while combining complimentary interior design services with technology
- Ended the fiscal year with 172 retail design centers in North America, including 142 Company-operated and 30 independently owned and operated locations; there are also Ethan Allen design centers outside of North America
- New design centers to be opened during fiscal 2026 include locations in Albuquerque, NM, Colorado Springs, CO, Concord, Ontario (Canada), San Diego, CA and Webster, TX
- For the third year in a row Ethan Allen was named America’s #1 Premium Furniture Retailer
- Ethan Allen’s upholstery manufacturing operations in Silao, Mexico was recognized as environmentally and socially responsible for the sixth year in a row
- Celebrated Ethan Allen Day in June to honor the pioneering spirit of its namesake and celebrate the 93-year heritage of Ethan Allen as a proud American brand
- Ethan Allen was awarded the designation of “Most Improved” during fiscal 2025 by The Sustainable Furnishings Council and the National Wildlife Federation for its wood-sourcing policies and commitment to sustainable wood
- Held the Company’s annual convention at its headquarters and livestreamed across the world; under the theme of Focused on the Future, the program honored Ethan Allen’s history, reviewed current and future initiatives in manufacturing, logistics, technology, marketing and retail, and celebrated interior designers both for achievement in written sales and design excellence
* See reconciliation of GAAP to adjusted key financial measures in the back of this release; comparisons are to the fourth quarter and full fiscal 2024 year
KEY FINANCIAL MEASURES*
| (Unaudited) | ||||||||||||||
| (In thousands, except per share data) | ||||||||||||||
| Three months ended | Twelve months ended | |||||||||||||
| June 30, | June 30, | |||||||||||||
| 2025 | 2024 | 2025 | 2024 | |||||||||||
| Net sales | $ | 160,357 | $ | 168,632 | $ | 614,649 | $ | 646,221 | ||||||
| Gross profit | $ | 96,059 | $ | 102,461 | $ | 372,121 | $ | 393,062 | ||||||
| Gross margin | 59.9 | % | 60.8 | % | 60.5 | % | 60.8 | % | ||||||
| GAAP operating income | $ | 15,269 | $ | 22,627 | $ | 61,988 | $ | 77,991 | ||||||
| Adjusted operating income* | $ | 15,588 | $ | 22,047 | $ | 62,895 | $ | 77,914 | ||||||
| GAAP operating margin | 9.5 | % | 13.4 | % | 10.1 | % | 12.1 | % | ||||||
| Adjusted operating margin* | 9.7 | % | 13.1 | % | 10.2 | % | 12.1 | % | ||||||
| GAAP net income | $ | 12,268 | $ | 18,513 | $ | 51,596 | $ | 63,816 | ||||||
| Adjusted net income* | $ | 12,505 | $ | 18,080 | $ | 52,271 | $ | 63,758 | ||||||
| GAAP diluted EPS | $ | 0.48 | $ | 0.72 | $ | 2.01 | $ | 2.49 | ||||||
| Adjusted diluted EPS* | $ | 0.49 | $ | 0.70 | $ | 2.04 | $ | 2.49 | ||||||
| Cash flows from operating activities | $ | 24,817 | $ | 26,241 | $ | 61,696 | $ | 80,195 | ||||||
* See reconciliation of GAAP to adjusted key financial measures in the back of this release
BALANCE SHEET and CASH FLOW
Cash and investments totaled
Cash from operating activities totaled
Cash dividends paid during fiscal 2025 totaled
Inventories, net totaled
Customer deposits from undelivered written orders totaled
No debt outstanding at June 30, 2025.
DIVIDENDS
On May 5, 2025, the Company’s Board of Directors declared a regular quarterly cash dividend of
CONFERENCE CALL
Ethan Allen will host a conference call today, July 30, 2025, at 5:00 p.m. Eastern Time to discuss these results. The conference call will be webcast live from the Company’s Investor Relations website at https://ir.ethanallen.com.
The following information is provided for those who would like to participate in the live conference call:
- U.S. Participants (Toll-Free): 877-705-2976
- International Participants: 201-689-8798
- Conference ID: 13754197
For those unable to listen live, an archived recording of the call will be available on the Company’s website referenced above for up to six months. A telephone replay will also be available for one month following the call.
ABOUT ETHAN ALLEN
Ethan Allen (NYSE:ETD), recently named America’s #1 Premium Furniture Retailer by Newsweek, is a leading interior design destination combining state-of-the-art technology with personal service. Ethan Allen design centers, which represent a mix of Company-operated and independent licensee locations, offer complimentary interior design service and sell a full range of home furnishings, including custom furniture and artisan-crafted accents for every room in the home. Vertically integrated from product design through logistics, the Company manufactures about
Investor Relations Contact:
Matt McNulty
Senior Vice President, Chief Financial Officer and Treasurer
IR@ethanallen.com
ABOUT NON-GAAP FINANCIAL MEASURES
This release is intended to supplement, rather than to supersede, the Company's consolidated financial statements, which are prepared and presented in accordance with U.S. generally accepted accounting principles (“GAAP”). In this release the Company has included financial measures that are derived from the consolidated financial statements but are not presented in accordance with GAAP. The Company uses non-GAAP financial measures, including adjusted operating income and margin, adjusted net income and adjusted diluted EPS (collectively “non-GAAP financial measures”). The Company computes these non-GAAP financial measures by adjusting the comparable GAAP measure to remove the impact of certain charges and gains and the related tax effect of these adjustments. Investors should consider these non-GAAP financial measures in addition to, and not as a substitute for, or superior to, the financial performance measures prepared in accordance with GAAP. The Company uses these non-GAAP financial measures for financial and operational decision making and to evaluate period-to-period comparisons. The Company believes that they provide useful information about operating results, enhance the overall understanding of past financial performance and prospects, and allow for greater transparency with respect to key metrics used by management in its financial and operational decision making. A reconciliation of these non-GAAP financial measures to the most directly comparable financial measure reported in accordance with GAAP is provided at the end of this release.
FORWARD-LOOKING STATEMENTS
This release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). Generally, forward-looking statements represent management’s beliefs and assumptions concerning current expectations, projections or trends relating to results of operations, financial results, financial condition, strategic initiatives, expenses, dividends, share repurchases, liquidity, use of cash and cash requirements, investments, future economic indicators, business conditions and industry performance. Such forward-looking statements can be identified by the fact that they do not relate strictly to historical or current facts. These forward-looking statements may include words such as “anticipate,” “estimate,” “expect,” “project,” “plan,” “intend,” “believe,” “continue,” “may,” “will,” “short-term,” “target,” “outlook,” “forecast,” “future,” “strategy,” “opportunity,” “would,” “guidance,” “non-recurring,” “one-time,” “unusual,” “should,” “likely,” “pandemic,” and other words and terms of similar meaning in connection with any discussion of the timing or nature of future operating or financial performance or other events. The Company derives many of its forward-looking statements from operating budgets and forecasts, which are based upon detailed assumptions. While the Company believes that its assumptions are reasonable, it cautions that it is difficult to predict the impact of known factors and it is impossible for the Company to anticipate all factors that could affect actual results and matters that are identified as “short-term,” “non-recurring,” “unusual,” “one-time,” or other words and terms of similar meaning may in fact recur in one or more future financial reporting periods.
Forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from those that are expected. Actual results could differ materially from those anticipated in the forward-looking statements due to a number of risks and uncertainties including, but not limited to, the risks and uncertainties disclosed in Part I, Item 1A. Risk Factors, in the Company’s 2024 Annual Report on Form 10-K and other factors identified in its reports filed with the Securities and Exchange Commission (the “SEC”), available on the SEC's website at www.sec.gov.
All forward-looking statements attributable to the Company, or persons acting on its behalf, are expressly qualified in their entirety by these cautionary statements, as well as other cautionary statements. A reader should evaluate all forward-looking statements made in this release in the context of these risks and uncertainties. Given the risks and uncertainties surrounding forward-looking statements, you should not place undue reliance on these statements. Many of these factors are beyond the Company’s ability to control or predict. The Company is including this cautionary note to make applicable and take advantage of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 for forward-looking statements. The forward-looking statements included in this release are made only as of the date hereof. The Company undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise, except as otherwise required by law.
| Ethan Allen Interiors Inc. | |||||||||||
| Condensed Consolidated Statements of Comprehensive Income | |||||||||||
| (Unaudited) | |||||||||||
| (In thousands, except per share data) | |||||||||||
| Three months ended June 30, | Twelve months ended June 30, | ||||||||||
| 2025 | 2024 | 2025 | 2024 | ||||||||
| Net sales | $ | 160,357 | $ | 168,632 | $ | 614,649 | $ | 646,221 | |||
| Cost of sales | 64,298 | 66,171 | 242,528 | 253,159 | |||||||
| Gross profit | 96,059 | 102,461 | 372,121 | 393,062 | |||||||
| Selling, general and administrative expenses | 80,791 | 80,414 | 309,790 | 315,148 | |||||||
| Restructuring and other charges, net of gains | (1 | ) | (580 | ) | 343 | (77 | ) | ||||
| Operating income | 15,269 | 22,627 | 61,988 | 77,991 | |||||||
| Interest and other income, net | 1,449 | 2,159 | 7,275 | 7,700 | |||||||
| Interest and other financing costs | 60 | 68 | 243 | 245 | |||||||
| Income before income taxes | 16,658 | 24,718 | 69,020 | 85,446 | |||||||
| Income tax expense | 4,390 | 6,205 | 17,424 | 21,630 | |||||||
| Net income | $ | 12,268 | $ | 18,513 | $ | 51,596 | $ | 63,816 | |||
| Net income per diluted share | $ | 0.48 | $ | 0.72 | $ | 2.01 | $ | 2.49 | |||
| Diluted weighted average common shares | 25,665 | 25,679 | 25,634 | 25,644 | |||||||
| Ethan Allen Interiors Inc. | ||||||
| Condensed Consolidated Balance Sheets | ||||||
| (Unaudited) | ||||||
| (In thousands) | ||||||
| June 30, | June 30, | |||||
| ASSETS | 2025 | 2024 | ||||
| Current assets | ||||||
| Cash and cash equivalents | $ | 76,178 | $ | 69,710 | ||
| Investments, short-term | 59,955 | 91,319 | ||||
| Accounts receivable, net | 6,066 | 6,766 | ||||
| Inventories, net | 140,893 | 142,040 | ||||
| Prepaid expenses and other current assets | 26,841 | 22,848 | ||||
| Total current assets | 309,933 | 332,683 | ||||
| Property, plant and equipment, net | 210,238 | 215,258 | ||||
| Goodwill | 25,388 | 25,388 | ||||
| Intangible assets | 19,740 | 19,740 | ||||
| Operating lease right-of-use assets | 109,173 | 114,242 | ||||
| Deferred income taxes | 369 | 824 | ||||
| Investments, long-term | 60,030 | 34,772 | ||||
| Other assets | 2,228 | 2,010 | ||||
| Total ASSETS | $ | 737,099 | $ | 744,917 | ||
| LIABILITIES AND SHAREHOLDERS’ EQUITY | ||||||
| Current liabilities | ||||||
| Accounts payable and accrued expenses | $ | 22,137 | $ | 27,400 | ||
| Customer deposits | 75,068 | 73,471 | ||||
| Accrued compensation and benefits | 23,625 | 20,702 | ||||
| Current operating lease liabilities | 27,403 | 27,387 | ||||
| Other current liabilities | 4,618 | 4,736 | ||||
| Total current liabilities | 152,851 | 153,696 | ||||
| Operating lease liabilities, long-term | 96,263 | 100,897 | ||||
| Deferred income taxes | 2,054 | 3,035 | ||||
| Other long-term liabilities | 3,662 | 4,373 | ||||
| Total LIABILITIES | 254,830 | 262,001 | ||||
| Shareholders’ equity | ||||||
| Ethan Allen Interiors Inc. shareholders’ equity | 482,355 | 482,980 | ||||
| Noncontrolling interests | (86 | ) | (64 | ) | ||
| Total SHAREHOLDERS’ EQUITY | 482,269 | 482,916 | ||||
| Total LIABILITIES AND SHAREHOLDERS’ EQUITY | $ | 737,099 | $ | 744,917 | ||
Reconciliation of Non-GAAP Financial Measures
To supplement the financial measures prepared in accordance with GAAP, the Company uses non-GAAP financial measures, including adjusted operating income and margin, adjusted net income and adjusted diluted EPS. The reconciliations of these non-GAAP financial measures to the most directly comparable financial measures calculated and presented in accordance with GAAP are shown in tables below.
These non-GAAP measures are derived from the consolidated financial statements but are not presented in accordance with GAAP. The Company believes these non-GAAP measures provide a meaningful comparison of its results to others in its industry and prior year results. Investors should consider these non-GAAP financial measures in addition to, and not as a substitute for, its financial performance measures prepared in accordance with GAAP. Moreover, these non-GAAP financial measures have limitations in that they do not reflect all the items associated with the operations of the business as determined in accordance with GAAP. Other companies may calculate similarly titled non-GAAP financial measures differently than the Company does, limiting the usefulness of those measures for comparative purposes. Despite the limitations of these non-GAAP financial measures, the Company believes these adjusted financial measures and the information they provide are useful in viewing its performance using the same tools that management uses to assess progress in achieving its goals. Adjusted measures may also facilitate comparisons to historical performance.
The following tables provide a reconciliation of non-GAAP financial measures used in this release to the most directly comparable GAAP financial measures:
| (Unaudited) | ||||||||||||||||||
| (In thousands, except per share data) | Three months ended | Twelve months ended | ||||||||||||||||
| June 30, | June 30, | |||||||||||||||||
| 2025 | 2024 | % Change | 2025 | 2024 | % Change | |||||||||||||
| Consolidated Adjusted Operating Income / Operating Margin | ||||||||||||||||||
| GAAP Operating income | $ | 15,269 | $ | 22,627 | (32.5 | %) | $ | 61,988 | $ | 77,991 | (20.5 | %) | ||||||
| Adjustments (pre-tax)* | 319 | (580 | ) | 907 | (77 | ) | ||||||||||||
| Adjusted operating income* | $ | 15,588 | $ | 22,047 | (29.3 | %) | $ | 62,895 | $ | 77,914 | (19.3 | %) | ||||||
| Consolidated Net sales | $ | 160,357 | $ | 168,632 | (4.9 | %) | $ | 614,649 | $ | 646,221 | (4.9 | %) | ||||||
| GAAP Operating margin | 9.5 | % | 13.4 | % | 10.1 | % | 12.1 | % | ||||||||||
| Adjusted operating margin* | 9.7 | % | 13.1 | % | 10.2 | % | 12.1 | % | ||||||||||
| Consolidated Adjusted Net Income / Adjusted Diluted EPS | ||||||||||||||||||
| GAAP Net income | $ | 12,268 | $ | 18,513 | (33.7 | %) | $ | 51,596 | $ | 63,816 | (19.1 | %) | ||||||
| Adjustments, net of tax* | 237 | (433 | ) | 675 | (58 | ) | ||||||||||||
| Adjusted net income | $ | 12,505 | $ | 18,080 | (30.8 | %) | $ | 52,271 | $ | 63,758 | (18.0 | %) | ||||||
| Diluted weighted average common shares | 25,665 | 25,679 | 25,634 | 25,644 | ||||||||||||||
| GAAP Diluted EPS | $ | 0.48 | $ | 0.72 | (33.3 | %) | $ | 2.01 | $ | 2.49 | (19.3 | %) | ||||||
| Adjusted diluted EPS* | $ | 0.49 | $ | 0.70 | (30.0 | %) | $ | 2.04 | $ | 2.49 | (18.1 | %) | ||||||
* Adjustments to reported GAAP financial measures including operating income and margin, net income and diluted EPS have been adjusted by the following: | ||||||||||||
| (Unaudited) | Three months ended | Twelve months ended | ||||||||||
| (In thousands) | June 30, | June 30, | ||||||||||
| 2025 | 2024 | 2025 | 2024 | |||||||||
| Orleans, Vermont flood | $ | 19 | $ | - | $ | 92 | $ | 2,243 | ||||
| Gain on sale-leaseback transaction | - | (654 | ) | (218 | ) | (2,620 | ) | |||||
| Severance and other charges | 300 | 74 | 1,033 | 300 | ||||||||
| Adjustments to operating income | $ | 319 | $ | (580 | ) | $ | 907 | $ | (77 | ) | ||
| Related income tax effects on non-recurring items(1) | (82 | ) | 147 | (232 | ) | 19 | ||||||
| Adjustments to net income | $ | 237 | $ | (433 | ) | $ | 675 | $ | (58 | ) | ||
(1) Calculated using the marginal tax rate for each period presented.
FAQ
What were Ethan Allen's (ETD) key financial results for Q4 2025?
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What operational changes did Ethan Allen (ETD) implement in fiscal 2025?
