Quarterly ResultApr 29, 2026, 04:45 PM
ETD Q3 Net Sales $135.8M, EPS $0.24; Declares Dividend
AI Summary
Ethan Allen Interiors Inc. reported its fiscal 2026 third quarter results, with consolidated net sales declining 4.8% to $135.8 million and adjusted diluted EPS falling to $0.24. The company faced macroeconomic challenges, including reduced business with the U.S. State Department and lower international sales. Despite these headwinds, Ethan Allen generated strong operating cash flow of $15.1 million and maintained a robust balance sheet, ending the quarter debt-free with $180.9 million in cash and investments. The Board also approved a regular quarterly cash dividend of $0.39 per share.
Key Highlights
- Consolidated net sales decreased 4.8% to $135.8 million in Q3 2026.
- Adjusted diluted EPS was $0.24, down from $0.38 in prior year.
- Adjusted operating margin was 5.0%, compared to 8.0% last year.
- Retail segment written orders were flat; wholesale segment written orders decreased 7.6%.
- Generated $15.1 million in operating cash flow, up from $10.2 million a year ago.
- Ended the quarter debt-free with $180.9 million in cash and investments.
- Board declared a regular quarterly cash dividend of $0.39 per share.
- Inventories, net increased 5.5% to $148.6 million since June 30, 2025.