DANBURY, Conn., Feb. 26, 2026 (GLOBE NEWSWIRE) -- Ethan Allen’s upholstery manufacturing plant in Silao, Guanajuato, Mexico, has once again been recognized as “Empresa Socialmente Responsible” (Environmentally and Socially Responsible), marking seven consecutive years of acknowledgment by the Mexican Center for Corporate Philanthropy and the Alliance for Corporate Social Responsibility. “Ethan Allen’s commitment to social responsibility and sustainability is exemplified by the efforts of our Silao upholster ...

Core Insights - Ethan Allen Interiors Inc. reported its fiscal 2026 second quarter results, highlighting strong margins and a robust balance sheet despite challenges such as the U.S. government shutdown [2][3] Financial Performance - Consolidated net sales for the second quarter were $149.9 million, down from $157.3 million in the prior year, reflecting a 4.7% decrease [3][4] - Gross margin improved to 60.9%, compared to 60.3% in the prior year [3][4] - Adjusted operating income was $13.5 million, with an adjusted operating margin of 9.0%, down from 11.5% in the prior year [3][4] - Diluted EPS was reported at $0.46, with adjusted diluted EPS at $0.44, both lower than the previous year's $0.59 [3][4] Operational Highlights - Retail net sales remained stable at $134.3 million, while wholesale net sales decreased to $79.1 million from $86.8 million [3][4] - Written orders in the retail segment decreased by 17.9%, and wholesale segment written orders fell by 19.3% [3][4] - The company ended the quarter with total cash and investments of $179.3 million and no outstanding debt [3][5] Strategic Initiatives - The company is focusing on strengthening its vertically integrated enterprise, including talent, product offerings, marketing, technology, and logistics [2] - Recent product introductions are resonating with clients, and the company operates 172 retail design centers across North America [2][3] Dividends and Shareholder Returns - The company paid total cash dividends of $10.0 million or $0.39 per share in November 2025 and declared another $0.39 per share dividend payable on February 25, 2026 [3][10] Sustainability and Recognition - Ethan Allen received a "High Score" on the 2025 Wood Furniture Scorecard for its commitment to sustainable wood use [9] - The upholstery operation in Silao, Mexico, was certified as a Great Place to Work® for the eighth consecutive year [9]

Core Viewpoint - Ethan Allen Interiors Inc. is set to release its financial and operational results for the fiscal 2026 second quarter on January 28, 2026, after market close, followed by a conference call to discuss these results [1]. Group 1: Financial Results Announcement - The financial results for the second quarter ended December 31, 2025, will be released after the stock market closes on January 28, 2026 [1]. - A conference call will be held at 5:00 p.m. Eastern Time to discuss the results, which will be webcast live on the Company's Investor Relations website [1]. Group 2: Conference Call Participation - An archived recording of the conference call will be available on the Company's Investor Relations website for six months [2]. - A telephone replay of the conference call will be accessible for one month following the call [2]. Group 3: Company Overview - Ethan Allen is recognized as America's 1 Premium Furniture Retailer by Newsweek for three consecutive years [3]. - The Company combines advanced technology with personal service, offering complimentary interior design services and a full range of home furnishings [3]. - Approximately 75% of Ethan Allen's custom-crafted furniture is manufactured in its own North American facilities, highlighting its commitment to product quality and craftsmanship since 1932 [3].

Core Insights - Ethan Allen Interiors Inc. reported a consolidated net sales of $147.0 million for the first quarter of fiscal 2026, a decrease of 4.8% from $154.3 million in the prior year [3][4][25] - The company achieved a gross margin of 61.4%, up from 60.8% in the previous year, reflecting strong demand and commitment to North American manufacturing [3][4][25] - Adjusted operating income was $10.6 million with an adjusted operating margin of 7.2%, down from 11.5% in the prior year, impacted by lower sales and increased marketing expenses [2][3][25] Financial Performance - Retail segment net sales were $128.6 million, down from $132.8 million year-over-year, while wholesale segment net sales increased slightly to $87.0 million from $86.1 million [3][4] - Selling, general and administrative expenses rose by 4.8% compared to the previous year, with marketing spend increasing to $5.1 million from $3.5 million [3][4] - The company reported a diluted EPS of $0.41, adjusted diluted EPS of $0.43, compared to $0.57 in the prior year [3][4][25] Cash Flow and Dividends - Operating cash flow for the quarter was $16.8 million, an increase from $15.1 million in the prior year, attributed to improved working capital [5][6][8] - Total cash and investments at the end of the quarter were $193.7 million, a slight decrease from $196.2 million at the end of the previous quarter [5][8] - The company paid $16.4 million in cash dividends, including a special cash dividend of $6.4 million, and announced a regular quarterly cash dividend of $0.39 per share [7][11][12] Market Position and Strategy - Ethan Allen was named America's 1 Premium Furniture Retailer for the third consecutive year, highlighting its strong brand loyalty and market presence [2][8] - The company continues to focus on vertical integration, manufacturing approximately 75% of its furniture in North America, which enhances production efficiency [2][3][8] - New design centers were opened in Colorado Springs, Greater Toronto, and Greater Houston, expanding the company's retail footprint [8][9]

Core Insights - Ethan Allen Interiors Inc. will release its financial and operating results for the fiscal 2026 first quarter on October 29, 2025, after market close [1] - A conference call to discuss these results will be held at 5:00 p.m. Eastern Time on the same day, with a live webcast available [2] Company Overview - Ethan Allen is recognized as America's 1 Premium Furniture Retailer by Newsweek for three consecutive years [3] - The company combines advanced technology with personal service, offering complimentary interior design services and a full range of home furnishings [3] - Approximately 75% of Ethan Allen's custom-crafted furniture is manufactured in its own North American facilities, highlighting its vertical integration from product design to logistics [3]

Core Insights - Ethan Allen Interiors Inc. reported its fiscal 2025 results, highlighting a strong performance despite economic challenges, with a focus on its vertically integrated business model and operational efficiency [2][3] Financial Performance - For the fourth quarter ended June 30, 2025, consolidated net sales were $160.4 million, down from $168.6 million in the prior year, reflecting a 4.9% decrease [6][23] - Gross margin for the fourth quarter was 59.9%, compared to 60.8% in the previous year, indicating a slight decline [6][23] - Adjusted operating income for the fourth quarter was $15.6 million, with an adjusted operating margin of 9.7%, down from 13.1% a year ago [6][29] - The company generated $24.8 million in operating cash flow during the fourth quarter, compared to $26.2 million in the prior year [6][10] Dividends and Shareholder Returns - The company paid a total of $10.0 million in cash dividends during the fourth quarter, with a regular quarterly cash dividend of $0.39 per share and a special cash dividend of $0.25 per share approved for payment on August 28, 2025 [2][13] - Total cash dividends paid during fiscal 2025 amounted to $50.1 million, including a special cash dividend of $0.40 per share paid in August 2024 [11][13] Operational Highlights - The company has reduced its headcount by 5.7% year-over-year and 32.2% since 2019, reflecting a focus on operational efficiency [2][8] - Retail segment written orders increased by 1.6% in the fourth quarter, while wholesale segment written orders decreased by 6.8% [6][12] - The company opened four new design centers during fiscal 2025 and plans to open additional locations in fiscal 2026 [8][12] Recognition and Brand Strength - Ethan Allen was named America's 1 Premium Furniture Retailer by Newsweek for the third consecutive year, underscoring its commitment to quality and customer service [3][15] - The company celebrated its 93-year heritage and was recognized for its sustainable wood-sourcing policies [8][12]

Core Insights - Ethan Allen has been recognized as America's 1 Premium Furniture Retailer for three consecutive years, according to surveys conducted by Newsweek and Statista [2][7] - The ranking is based on consumer recommendations and ratings across various categories, including product quality, customer service, and store atmosphere [2] Company Performance - The company's President and CEO, Farooq Kathwari, attributes the success to dedicated associates, a commitment to North American manufacturing, and a blend of personal service with technology [3] - Ethan Allen manufactures approximately 75% of its products in its own workshops, ensuring high quality and competitive pricing [3] Service and Offerings - The company provides complimentary interior design services at its Design Centers, where professional designers assist clients from concept to delivery [3] - Services include guidance on furniture selection, décor, color schemes, and room layouts, enhanced by advanced 3D imaging and 4K animations [3] Company Background - Ethan Allen is a vertically integrated company, managing the entire process from product design to logistics, and has been recognized for its craftsmanship since 1932 [4] - The company operates a mix of company-operated and independent licensee locations, offering a full range of home furnishings [4]

Group 1 - Ethan Allen Interiors Inc. will release its financial and operating results for the fiscal 2025 fourth quarter and full year on July 30, 2025, after market close [1] - A conference call to discuss the results will be held at 5:00 p.m. Eastern Time on the same day, which will be webcast live [2] - An archived recording of the conference call will be available for six months on the Company's Investor Relations website, with a telephone replay available for one month [2] Group 2 - Ethan Allen is recognized as America's 1 Premium Furniture Retailer by Newsweek and is a leading interior design destination [3] - The Company offers complimentary interior design services and a full range of home furnishings, including custom furniture and artisan-crafted accents [3] - Approximately 75% of Ethan Allen's custom-crafted furniture is manufactured in its own North American facilities, highlighting its vertical integration from product design to logistics [3]

Company Overview - Ethan Allen is a manufacturer and retailer of home furnishings, founded in Vermont and headquartered in Danbury, Connecticut [1] - The company was established in 1932 and opened its first sawmill in 1936 in Beecher Falls, Vermont [2] - Ethan Allen manufactures approximately 75% of its furniture in North America, with production facilities in Vermont, North Carolina, Mexico, and Honduras [2] Commitment to Local Manufacturing - The company has maintained a commitment to local manufacturing, producing most of its furniture close to home, contrasting with many competitors who have moved production overseas [3] - This dedication to local craftsmanship has been a core value for the company over its 93-year history [3] Retail and Community Engagement - Ethan Allen operates over 170 retail Design Centers across North America, providing complimentary interior design services and a full range of home furnishings [4] - To support local communities, many Design Centers will conduct food drives in partnership with local charities, starting on June 23 and continuing through July [3] Recognition and Quality - Ethan Allen has been recognized as America's 1 Premium Furniture Retailer by Newsweek, highlighting its status as a leading interior design destination [4] - The company emphasizes quality and craftsmanship in its products, which have been a hallmark since its inception [4]

Core Viewpoint - Ethan Allen Interiors Inc. reported its fiscal 2025 third quarter results, highlighting strong gross margins, positive operating cash flow, and a solid cash position with no debt, despite facing challenges in the housing market and economic uncertainties [2][3][5]. Financial Performance - Consolidated net sales for the quarter were $142.7 million, a decrease from $146.4 million in the prior year [5][7]. - Gross margin was reported at 61.2%, slightly down from 61.3% year-over-year [5][7]. - Adjusted operating income was $11.3 million, with an adjusted operating margin of 8.0%, compared to 10.0% in the previous year [5][7]. - Adjusted diluted EPS was $0.38, down from $0.48 in the prior year [5][7]. Cash Flow and Dividends - The company generated $10.2 million in cash from operations, a decrease from $23.7 million in the prior year [5][9]. - Total cash and investments at the end of the quarter were $183.0 million, with cash dividends paid totaling $10.0 million, reflecting an 8.3% increase from the previous year [5][10][8]. Operational Highlights - The company operates 174 retail design centers in North America, including new locations opened in Middleton, Wisconsin, and Toronto, Canada [12]. - Employee headcount decreased by 35.7% since 2019, now totaling 3,294 [12][4]. - Customer deposits from undelivered written orders increased to $79.3 million, up from $73.5 million at the end of the previous fiscal year [13]. Historical Context - Founded in 1932, Ethan Allen has paid cash dividends totaling $711.3 million and repurchased $625.1 million of its common stock since going public in 1993 [4].