Ethan Allen Interiors Inc. (ETD) Tops Q2 EPS by 21c

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Go back to Ethan Allen Interiors Inc. (ETD) Tops Q2 EPS by 21c

Ethan Allen Reports Strong Fiscal 2023 Second Quarter Operating Results

January 25, 2023 4:04 PM EST

DANBURY, CT, Jan. 25, 2023 (GLOBE NEWSWIRE) -- Ethan Allen Interiors Inc. (Ethan Allen or the Company) (NYSE: ETD) today reported its financial and business results for its fiscal 2023 second quarter ended December 31, 2022.

Farooq Kathwari, Ethan Allens Chairman, President and CEO commented, We are pleased with our second quarter operating performance. Our strong delivered net sales of $203.2 million were helped by our backlog. Our gross margins increased to 61.0% and operating margins rose to 18.2%. Our adjusted diluted earnings per share of $1.10 grew by 15.8%. We continued to generate strong operating cash flow and as of... More