Ethan Allen (ETH) Tops Q2 EPS by 31c
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Ethan Allen Reports Fiscal 2020 Second Quarter Results
February 4, 2020 4:05 PM ESTDanbury, CT, Feb. 04, 2020 (GLOBE NEWSWIRE) -- Ethan Allen Interiors Inc. (Ethan Allen or the Company) (NYSE: ETH) reported financial results for its second quarter ended December 31, 2019.
FISCAL 2020 SECOND QUARTER HIGHLIGHTS COMPARED WITH SECOND QUARTER FISCAL 2019*
Consolidated net sales of $174.6 million compared with $197.2 million.Consolidated gross margin of 55.9% compared with 55.2%. Adjusted gross margin of 56.1%.Consolidated operating margin of 5.3% compared with 8.2%. Adjusted operating margin of 5.4%.Diluted earnings per share (EPS) of $0.27 compared with $0.45 a year ago.Cash of $28.3 million, up 35.9% from June 30, 2019 and no debt.Paid regular... More