Ethan Allen Interiors Inc. (ETD) Tops Q3 EPS by 22c

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Go back to Ethan Allen Interiors Inc. (ETD) Tops Q3 EPS by 22c

Ethan Allen Reports Fiscal 2022 Third Quarter Results

April 28, 2022 4:04 PM EDT

DANBURY, CT, April 28, 2022 (GLOBE NEWSWIRE) -- Ethan Allen Interiors Inc. (Ethan Allen or the Company) (NYSE: ETD) today reported its financial and business results for its fiscal 2022 third quarter ended March 31, 2022.

Farooq Kathwari, Ethan Allens Chairman, President and CEO commented, We are pleased to report double-digit growth in many key operating metrics including sales, income and earnings per share. Our vertically integrated business continues to produce strong results and positions us for future growth. Sales increased 11.7% to $197.7 million, gross margin increased to 60.4% and operating margin rose to 16.5%, resulting in diluted... More