Financial Data and Key Metrics Changes - Consolidated net sales totaled $186.3 million, with a gross margin of 59.9% and an operating margin of 15.5% [34][36] - Adjusted diluted EPS was $0.86, down from $0.93 last year, with SG&A expenses decreasing by 5.7% to 44.7% of net sales [38][39] - Cash and investments stood at $156.2 million with no outstanding debt, and cash generated from operating activities was $33.4 million for the quarter [39][31] Business Line Data and Key Metrics Changes - Retail sales accounted for 81% of consolidated sales, down from 84.4% last year, while wholesale segment written orders decreased by 9.3% compared to last year [6][37] - Retail written orders declined 12.3% due to strong prior year comparisons, but were up 3.6% compared to the third quarter of 2019 [42] - The wholesale backlog was $73.3 million, down 42.2% from a year ago, indicating improved order fulfillment [42] Market Data and Key Metrics Changes - The company noted that demand is softening, with a cautious consumer environment impacting sales trends [19][20] - Backlogs remain approximately 30% higher than pre-pandemic levels, although they are down nearly 40% from the previous year [5][20] Company Strategy and Development Direction - The company launched an interior design destination initiative aimed at enhancing customer engagement and driving traffic to design centers [4][12] - Continued investment in technology and manufacturing efficiency is a priority, with a focus on maintaining strong gross margins and operational efficiency [9][17] Management's Comments on Operating Environment and Future Outlook - Management expressed cautious optimism regarding the economic environment, emphasizing the need for effective cost management and marketing strategies [60] - The company is prepared to adapt to changing market conditions and consumer behavior, with a focus on maintaining high gross margins [64] Other Important Information - The Board increased the regular quarterly cash dividend by 13% to $0.36 per share, reflecting a commitment to returning capital to shareholders [11][31] - The company has reduced its workforce by 12% since fiscal 2019 while increasing sales, indicating improved operational efficiency [9] Q&A Session Summary Question: What are the sources of SG&A expense reductions? - Management highlighted technology and stronger interior designers as key factors in reducing operating expenses while maintaining sales levels [16][17] Question: How is demand trending, and are there regional differences? - Demand is softening, with cautious consumer behavior observed, but backlogs remain higher than pre-pandemic levels [19][20] Question: What is the company's approach to pricing and dividends? - The company has been selective with price increases, primarily due to fluctuating freight costs, and aims for a dividend yield between 5% and 6% [50][51][84]

(Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q For the quarterly period ended March 31, 2023 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 | 06-127 ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended December 31, 2022 or Delaware 06-1275288 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) 25 Lake Avenue Ext., Danbury, Connecticut 06811-5286 (Address of principal executive offices) (Zip Code) (203) 743-8000 Commission File Number: 1-11692 Ethan ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Common Stock, $0.01 par value ETD New York Stock Exchange (Title of each class) (Trading symbol) (Name of each exchange on which registered) FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2022 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to ...

Retail Operations - As of June 30, 2022, Ethan Allen operates 141 retail design centers, with 137 in the United States and 4 in Canada[18]. - Retail segment net sales accounted for 84.4% of consolidated net sales in fiscal 2022, while the wholesale segment accounted for 15.6%[61]. - The retail segment's profitability reflects retail gross margin and other operating costs, with no customer concentration risks identified[67]. - The retail segment's product line revenue for fiscal 2022 was approximately 53% upholstered products, 27% case goods, and 20% home accents and other, showing a slight shift from fiscal 2021[68]. - The company opened multiple new design centers in fiscal 2022, including locations in Westport, CT, and Walnut Creek, CA, enhancing customer experience with technology[42]. - The company opened two new design centers during fiscal 2022 and closed one, indicating ongoing market expansion efforts[69]. Wholesale Operations - The company experienced a 31.7% increase in wholesale written orders during fiscal 2021, leading to a wholesale backlog of $102.4 million as of June 30, 2022, down 14.7% from $120.0 million a year ago[33]. - Ethan Allen's wholesale order backlog is up 120.8% compared to June 30, 2019, indicating sustained demand despite recent reductions[33]. - The wholesale segment accounted for 15.6% of net sales during fiscal 2022, with the largest customers representing 18% of sales in this segment[70]. - Within the wholesale segment, product line revenue was approximately 54% upholstered products, 30% case goods, and 16% home accents and other[74]. - The wholesale backlog was $102.4 million as of June 30, 2022, down 14.7% from the previous year but up 120.8% from June 30, 2019[81]. Manufacturing and Supply Chain - Approximately 75% of Ethan Allen's products are manufactured in North America, with the remaining 25% imported[31]. - The company experienced raw material price increases throughout fiscal 2022, impacting margins, but has begun to see stabilization in input costs[47]. - Raw material prices, particularly for upholstery and case goods, increased due to supply chain challenges, with expectations for high levels to persist due to inflation[32]. - The company continues to manage and evaluate logistics providers, expecting overall freight costs associated with imports to remain elevated due to inflationary pressures[50]. - The majority of products are manufactured on a custom made-to-order basis, with certain items stocked for quick delivery[86]. Financial Performance - The company has a strong balance sheet with $121.1 million in cash and investments and no outstanding borrowings as of June 30, 2022[38]. - The company reported a regular quarterly cash dividend of $0.21 per share reinstated in August 2020 after lifting temporary salary reductions and returning furloughed associates[26]. - Employee count as of June 30, 2022, totaled 4,239, with a 1.2% increase compared to the previous year[88]. - The company does not expect typical sales trends during fiscal 2023 due to high backlog levels and the impact of COVID-19[78]. Technology and Innovation - The company debuted a state-of-the-art immersive Virtual Design Center in June 2022, enhancing customer interaction and design capabilities[25]. - The company plans to further invest in its digital footprint, including expanding the Virtual Design Center to enhance customer experience[58]. - The company has invested in digital design technologies, including the EA inHome® augmented reality app and the 3D Room Planner, to enhance client experience[59]. Sustainability and Compliance - The Company requires sourcing facilities to implement a labor compliance program to prevent child labor and ensure a safe working environment[105]. - The company has implemented environmental initiatives, including the use of responsibly harvested woods and water-based finishes, as part of its sustainability efforts[103]. Corporate Governance - The Company holds trademarks, service marks, and copyrights for the Ethan Allen brand in the U.S. and many foreign countries, viewing them as valuable assets[106]. - The Company is subject to reporting and disclosure obligations from the SEC and local authorities[107]. - The Company provides access to its SEC filings and quarterly earnings calls through its Investor Relations website[110]. - Additional information regarding the Company's financial condition and operations can be found in the Management's Discussion and Analysis section of the Annual Report[112].

Ethan Allen Interiors Inc. (NYSE:ETD) Q4 2022 Earnings Conference Call August 3, 2022 5:00 PM ET Company Participants Matt McNulty - Senior Vice President, Chief Financial Officer and Treasurer Farooq Kathwari - Chairman, President and Chief Executive Officer Conference Call Participants Cristina Fernandez - Telsey Advisory Group Operator Good afternoon, and welcome to the Ethan Allen Fiscal 2022 Fourth Quarter Analyst Conference Call. At this time all participants’ are in a listen-only mode. A question-and ...

Financial Data and Key Metrics Changes - Sales reached $197.7 million, an increase of 11.7% from the previous year quarter [7] - Gross margins improved to 60.4% from 57.3% in the previous year quarter [7] - Adjusted operating income rose to $31.3 million, a 59.9% increase [7] - Adjusted EPS increased by 60.3% to $0.93 from the previous year quarter [7] - Operating margin increased from 10.7% to 16.5% [12] Business Line Data and Key Metrics Changes - Retail orders decreased by 3% compared to a strong prior year but were up 18.2% compared to pre-pandemic fiscal 2019 [9] - Wholesale segment orders were down 0.2% year-over-year but up 8.4% compared to the third quarter of 2019 [9] - Order backlogs were approximately 25% higher than a year ago [10] Market Data and Key Metrics Changes - The company experienced strong demand despite ongoing supply chain disruptions affecting imports and raw material availability [8] - Delivery lead times remained higher than historical averages due to COVID-19 absenteeism and raw material constraints [10] Company Strategy and Development Direction - Focus on talent development and promoting key associates across various divisions [18] - Emphasis on improving service capabilities and reducing delivery times, with upholstery products now shipping in 7 to 9 weeks [19] - Continued investment in technology and manufacturing to enhance production efficiency [21][24] - Expansion of retail design centers with a focus on smaller sizes and excellent locations [25] Management's Comments on Operating Environment and Future Outlook - Management noted a cautious consumer sentiment but believes the company is well-positioned in terms of quality, pricing, and service [29] - Backlogs are at decent levels, and production has increased, allowing for improved shipments and deliveries [30] - Anticipated gross margins to return to approximately 58% in the near term due to input costs [31][32] Other Important Information - The company ended the quarter with cash and investments of $104.6 million and no debt [13] - Capital expenditures were $5.3 million, primarily for manufacturing expansion and technology investments [14] - The Board declared a quarterly cash dividend of $0.32 per share, a 10% increase from the previous dividend [15] Q&A Session Summary Question: Business cadence and recent performance - Management acknowledged a cautious consumer sentiment but expects to maintain momentum despite a potential slowdown [29] Question: Current backlog and revenue opportunities - Backlogs are up 22% to 23% compared to the previous year, and management is focused on reducing backlog while improving delivery times [30] Question: Cost inflation and price increases - Management indicated that imported products have seen price increases of 20% to 25%, while North American products have increased by 10% to 12% [35][36] Question: Marketing efficiency and spending - Marketing expenditures were reduced to 2.3% of sales, with a focus on digital mediums to improve efficiency [43][44] Question: New product introductions - The company introduced a new flooring product, which has been well received, and is seen as an addition to existing product lines [46]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2022 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 06-1275288 ...

Ethan Allen Interiors Inc. (NYSE:ETD) Q2 2022 Earnings Conference Call January 27, 2022 5:00 PM ET Company Participants Farooq Kathwari – Chairman and Chief Executive Officer Matt McNulty – Vice President of Finance Corey Whitely – Chief Financial Officer Conference Call Participants Bradley Thomas – KeyBanc Andrew Appoma – KeyBanc Capital Markets Cristina Fernandez – Telsey Advisory Group Operator Good afternoon and welcome to the Ethan Allen Fiscal 2022, Second Quarter analyst conference call. At this tim ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended December 31, 2021 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 THAN ALI Ethan Allen Interiors Inc. (Exact name of registrant as specified in its charter) Delawar ...