Ethan Allen (ETH) Tops Q1 EPS by 2c

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Go back to Ethan Allen (ETH) Tops Q1 EPS by 2c

Ethan Allen Reports Fiscal 2021 First Quarter Results

October 29, 2020 4:03 PM EDT

Danbury, CT, Oct. 29, 2020 (GLOBE NEWSWIRE) -- Ethan Allen Interiors Inc. (Ethan Allen or the Company) (NYSE: ETH) today reported its business and financial results for the fiscal 2021 first quarter ended September 30, 2020.

FISCAL 2021 FIRST QUARTER HIGHLIGHTS*

Consolidated net sales of $151.1 million compared with $173.9 million; current year sales negatively impacted by lower production and supply chain disruptions related to COVID-19Consolidated gross margin, despite production challenges, increased to 56.8% compared with prior year adjusted gross margin of 56.3%Consolidated operating margin of 7.7%; adjusted operating... More