Ethan Allen(ETD)
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Ethan Allen(ETD) - 2020 Q2 - Quarterly Report
2020-02-04 21:21
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 (Mark One) FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended December 31, 2019 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission File Number: 1-11692 _________________________________________________ Ethan Allen Interiors Inc. (Exact name of regist ...
Ethan Allen(ETD) - 2020 Q1 - Earnings Call Transcript
2019-11-05 02:59
Ethan Allen Interiors Inc. (ETH) Q1 2020 Earnings Conference Call November 4, 2019 5:00 PM ET Company Participants Corey Whitely - EVP, Administration and CFO Farooq Kathwari - Chairman and CEO Matt McNulty - VP, Corporate Controller Conference Call Participants Andrew Efimoff - KeyBanc Cristina Fernández - Telsey Advisory Group Operator Good afternoon and welcome to the Ethan Allen Fiscal 2020 First Quarter Analyst Conference Call. [Operator Instructions] It is now my pleasure to introduce your host, Corey ...
Ethan Allen(ETD) - 2020 Q1 - Quarterly Report
2019-11-04 21:36
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) [X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2019 or [ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission File Number: 1-11692 _________________________________________________ Ethan Allen Interiors Inc. (Exact name of r ...
Ethan Allen(ETD) - 2019 Q4 - Annual Report
2019-08-09 21:20
Business Operations - Ethan Allen Interiors Inc. operates approximately 300 design centers globally, with 144 company-operated and 158 independent retailer-operated centers as of June 30, 2019[28]. - The company employed 4,700 individuals as of June 30, 2019, a decrease from 5,200 the previous year, reflecting restructuring actions[45]. - The company maintains a vertically integrated business model, with approximately 75% of products manufactured or assembled in North America[20]. - Ethan Allen's distribution network includes four strategically located distribution centers in North Carolina, Oklahoma, and Virginia, supporting efficient operations[66]. - The company utilizes independent carriers for shipping products, ensuring consistent pricing across all retail centers[68]. Financial Performance - The retail segment accounted for 79% of net sales during fiscal 2019, with product line revenue comprising approximately 48% upholstered products, 30% case goods, and 22% home accents and other[31][36]. - The wholesale segment represented 21% of net sales in fiscal 2019, with sales to the ten largest customers accounting for 21% of revenues within this segment[38]. - As of June 30, 2019, the wholesale backlog was $46.4 million, down 18.0% from $56.5 million a year earlier, indicating a return to normal manufacturing throughput[41]. Marketing and Customer Engagement - The Ethan Allen Platinum consumer credit program was successfully launched nationally, aimed at making the brand more accessible to customers[52]. - Ethan Allen's marketing strategy includes direct mail campaigns reaching nearly 22 million households, enhancing customer engagement and driving sales[53]. - There was a 25% increase in Instagram followers during the 2018 calendar year, indicating significant growth in organic social following[56]. - Ethan Allen's internet strategy aims to drive traffic to design centers by combining technology with personal service, enhancing customer experience[61]. Retail Operations - The retail profitability is influenced by retail gross margin and other operating costs associated with retail activities[31]. - Ethan Allen's retail design centers average approximately 15,300 square feet, with 63% ranging between 10,000 and 20,000 square feet[63]. - The company has opened or relocated 24 new design centers in the past five years, with an average size of approximately 9,000 square feet, reflecting a shift towards smaller footprints[64]. - The company operates 144 retail design centers, with 37% being new or relocated in the past 10 years[63]. Sustainability Initiatives - The company has implemented the Enhancing Furniture's Environmental Culture (EFEC) program at all domestic manufacturing and retail design centers, promoting sustainability[72]. - The company has achieved Sustainable by Design (SBD) registration status under the EFEC program, integrating sustainable practices into operations[72]. Competitive Advantage - Ethan Allen's competitive advantage includes complimentary interior design services and direct manufacturing, enhancing customer service and product availability[57]. - The company continuously monitors home fashion trends through market research and industry events to adapt product offerings[17].
Ethan Allen(ETD) - 2019 Q4 - Earnings Call Transcript
2019-08-01 14:29
Ethan Allen Interiors Inc. (ETH) Q4 2019 Earnings Conference Call July 31, 2019 5:00 PM ET Company Participants Corey Whitely - Executive Vice President, Administration and Chief Financial Officer Farooq Kathwari - Chairman and Chief Executive Officer Matt McNulty - Vice President, Corporate Controller Conference Call Participants Brad Thomas - KeyBanc Capital Cristina Fernández - Telsey Advisory Group Bobby Griffin - Raymond James Operator Good afternoon and welcome to the Ethan Allen Fiscal 2019 Fourth Qu ...
Ethan Allen(ETD) - 2019 Q3 - Earnings Call Transcript
2019-04-30 03:41
Ethan Allen Interiors Inc. (ETH) Q3 2019 Earnings Conference Call April 29, 2019 5:00 PM ET Company Participants Corey Whitely - EVP and CFO Farooq Kathwari - Chairman and CEO Conference Call Participants Bobby Griffin - Raymond James Brad Thomas - KeyBanc Capital Markets Jeremy Hamblin - Dougherty & Company Cristina Fernandez - Telsey Advisory Group Operator Good afternoon, and welcome to the Ethan Allen 2019 Fiscal Third Quarter Analyst Conference Call. [Operator Instructions] It is now my pleasure to int ...
Ethan Allen(ETD) - 2019 Q3 - Quarterly Report
2019-04-29 20:11
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 (Mark One) FORM 10-Q [X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2019 OR [ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission File Number: 1-11692 _________________________________________________ Ethan Allen Interiors Inc. (Exact name of regis ...
Ethan Allen(ETD) - 2019 Q2 - Earnings Call Transcript
2019-01-29 04:09
Ethan Allen Interiors Inc. (ETH) Q2 2019 Earnings Conference Call January 28, 2019 5:00 PM ET Company Participants Corey Whitely - EVP and CFO Farooq Kathwari - Chairman and CEO Conference Call Participants Jeremy Hamblin - Dougherty & Company Cristina Fernandez - Telsey Advisory Group Justin Bergner - Gabelli & Company Ian Dominguez - Schonfeld Strategic Advisors Brett Reiss - Janney Montgomery Scott Operator Good afternoon, and welcome to the Ethan Allen 2019 Fiscal Second Quarter Earnings Release Confere ...
Ethan Allen(ETD) - 2019 Q2 - Quarterly Report
2019-01-28 21:18
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 (Mark One) FORM 10-Q [X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended December 31, 2018 OR [ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission File Number: 1-11692 Ethan Allen Interiors Inc (Exact name of registrant as specified in its charter) Delaware 06-1 ...