Ethan Allen (ETH) Tops Q1 EPS by 1c
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Ethan Allen Reports First Quarter Results – Achieves Strong Earnings and Cash Growth
November 4, 2019 4:04 PM ESTDanbury, CT, Nov. 04, 2019 (GLOBE NEWSWIRE) -- Ethan Allen Interiors Inc. (Ethan Allen or the Company) (NYSE: ETH) reported financial results for its first quarter ended September 30, 2019.
FIRST QUARTER FISCAL 2020 COMPARED TO FIRST QUARTER FISCAL 2019*
Diluted earnings per share (EPS) of $0.53. Adjusted diluted EPS increased 6.1% to $0.35 compared with $0.33.Consolidated operating margin of 10.7% compared with 6.3%. Adjusted operating margin increased to 7.0%.Consolidated net sales of $173.9 million; Retail net sales of $137.3 million; Wholesale net sales of $101.3 million.Consolidated gross margin of 53.9% compared with 54.0%. Adjusted gross margin of 56.3%.Cash of... More