Ethan Allen Interiors Inc. (ETD) Tops Q1 EPS by 15c

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Go back to Ethan Allen Interiors Inc. (ETD) Tops Q1 EPS by 15c

Ethan Allen Reports Fiscal 2022 First Quarter Results

October 27, 2021 4:02 PM EDT

DANBURY, CT, Oct. 27, 2021 (GLOBE NEWSWIRE) -- Ethan Allen Interiors Inc. (Ethan Allen or the Company) (NYSE: ETD) today reported its operating results for its fiscal 2022 first quarter ended September 30, 2021.

Farooq Kathwari, Ethan Allens Chairman, President and CEO commented, We are pleased to report sales growth of 20.7%, gross margin increasing to 59.9% and operating margin of 15.0%, resulting in diluted EPS of $0.79 and adjusted EPS of $0.80 compared with an adjusted EPS of $0.36 in the prior year, an increase of 122.2%. During the quarter we paid a special cash dividend of $0.75 per share and a regular... More