Welcome to our dedicated page for Ethan Allen Interiors news (Ticker: ETD), a resource for investors and traders seeking the latest updates and insights on Ethan Allen Interiors stock.
Ethan Allen Interiors Inc. (NYSE: ETD) is frequently featured in corporate news for its role as an interior design destination and home furnishings manufacturer and retailer. Company news releases highlight its vertically integrated business model, which spans design, manufacturing, sourcing, logistics and retail through Ethan Allen design centers that provide complimentary interior design services and sell a full range of home furnishings and artisan-crafted accents.
Investors and followers of ETD news can expect regular updates on financial results and earnings, including quarterly and annual performance, cash flow, dividends and commentary from management on operating conditions. The company often announces the scheduled release dates for its fiscal quarter and year-end results, followed by conference calls and webcasts to discuss its financial and operational performance.
Ethan Allen news also covers retail network developments, such as the opening of new design centers in markets like Colorado Springs, Middleton, Toronto, Peoria and Watchung. These announcements describe how new locations showcase Ethan Allen home furnishings and combine complimentary interior design services with technology, including 3D room previews and other digital tools.
Another recurring theme in ETD coverage is recognition and awards. The company has reported being named America’s #1 Premium Furniture Retailer by Newsweek based on consumer surveys, and it has received sustainability-related recognition, including a “High Score” on the Wood Furniture Scorecard for its wood sourcing practices. News items also discuss Ethan Allen’s use of North American manufacturing and its efforts in social and environmental responsibility.
This ETD news page aggregates such updates so readers can review company announcements on earnings, dividends, design center openings, sustainability milestones and other corporate developments in one place.
Ethan Allen Interiors Inc. (NYSE: ETD) declared a quarterly cash dividend of $0.32 per share, set to be paid on February 21, 2023, for shareholders recorded by the close of business on February 7, 2023. Chairman Farooq Kathwari expressed satisfaction in continuing strong shareholder returns through cash dividends while maintaining a robust cash position. The company is recognized as a leading interior design brand with vertically integrated operations, providing high-quality home furnishings and design services globally.
Ethan Allen Interiors Inc. (NYSE: ETD) will release its fiscal 2023 second-quarter financial results on January 25, 2023, after market close. The Company will follow this with an analyst conference call at 5:00 PM ET to discuss the results. Interested parties can access the live webcast on the Investor Relations website. For those unable to attend, a recording will be available for six months. Ethan Allen is known for its luxury home furnishings and provides complimentary interior design services, producing approximately 75% of its products at North American facilities.
Ethan Allen Interiors Inc. (NYSE: ETD) announced a quarterly cash dividend of $0.32 per share, payable on January 4, 2023, with a record date of December 7, 2022. Chairman Farooq Kathwari expressed satisfaction with the company's strong performance and robust balance sheet, which supports shareholder returns. Celebrating 90 years in the industry, Ethan Allen remains focused on enhancing its position as an interior design destination while maintaining a vertically integrated structure.
Ethan Allen has relocated its Skokie Design Center to a new 6,050-square-foot space at The Shops at Orchard Place, emphasizing collaboration with a modern layout. The updated design features advanced technology for 3D presentations, showcasing a commitment to blending personal service with innovative tools. Chairman and CEO Farooq Kathwari highlighted the importance of customization and the brand's strength in North American manufacturing. The new center supports the company's growth in interior design, offering clients enhanced experiences and access to various fabric and finish samples.
Ethan Allen Interiors reported strong fiscal 2023 Q1 results, with sales up 17.7% to $214.5 million and diluted EPS rising 48.1% to $1.17. The company generated operating cash flow of $38.4 million and returned $20.9 million to shareholders. Gross margins improved to 60.4% due to increased retail sales and efficient operations. Despite a decline in some order segments, the company maintains a strong balance sheet with $142.4 million in cash and no debt. Ethan Allen continues to focus on enhancing its vertically integrated structure and expanding its North American manufacturing.
Ethan Allen Interiors Inc. (NYSE: ETD) will release its fiscal 2023 Q1 financial results on October 26, 2022, after market close. The company will host a conference call to discuss these results at 5:00 PM ET, accessible via the Investor Relations website. Ethan Allen is a leading luxury home furnishings brand, offering a range of products and complimentary interior design services. Approximately 75% of its products are manufactured in North America, emphasizing quality and personalized service.
Ethan Allen Interiors reported strong financial results for FY 2022, with fourth quarter sales of $229.7 million, up 28.8% year-over-year. Diluted EPS reached a record $1.23, a 73.2% increase compared to the previous year. For the full year, sales rose 19.4% to $817.8 million, and diluted EPS increased 70.9% to $4.05. The company declared a special cash dividend of $0.50 and a quarterly dividend of $0.32, both payable by August 30, 2022. Ethan Allen ended the fiscal year with a robust balance sheet, including $121.1 million in cash and no debt.
Ethan Allen Interiors Inc. (NYSE:ETD) announced a $0.50 special cash dividend alongside a regular quarterly cash dividend of $0.32 per share, both payable on August 30, 2022. Shareholders of record by August 16, 2022 will benefit from this distribution. Chairman Farooq Kathwari emphasized the company's commitment to returning capital to shareholders. Detailed financial results for the fourth quarter and full fiscal year ending June 30, 2022, are set to be released tomorrow.
Ethan Allen Interiors Inc. (NYSE: ETD) is set to release its financial results for the fourth quarter and full fiscal year ending June 30, 2022, on August 3, 2022, after market close. The company will conduct an analyst conference call at 5:00 PM ET on the same day to discuss these results, accessible via its Investor Relations website. With manufacturing facilities across the U.S., Mexico, and Honduras, Ethan Allen emphasizes artisanal quality and personalized service, differentiating itself in the upscale home furnishings market.
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