Ethan Allen Reports Fiscal 2021 First Quarter Results
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Ethan Allen (ETH) Tops Q1 EPS by 2c
October 29, 2020 4:39 PM EDTEthan Allen (NYSE: ETH) reported Q1 EPS of $0.37, $0.02 better than the analyst estimate of $0.35. Revenue for the quarter came in at $151.1 million versus the consensus estimate of $151.1 million.
Farooq Kathwari, Ethan Allens Chairman, President and CEO commented, We are gratified that despite many challenges due to the COVID-19 pandemic, we performed very well. The COVID-19 crisis has challenged our operations, but our teams remained focused on serving our clients and keeping our workplaces safe during the first quarter of fiscal 2021. Our fundamentals continue to be strong, with retail written orders and backlogs reporting... More
