Quarterly ResultApr 29, 2026, 04:50 PM
ETD Q3 Net Sales Down 4.8% to $135.8M; Net Income Down 38.2%
AI Summary
ETHAN ALLEN INTERIORS INC. reported a decline in financial performance for the third quarter and nine months ended March 31, 2026. Net sales for the quarter decreased by 4.8% to $135.8 million, while net income fell 38.2% to $5.9 million. Basic EPS also saw a significant drop to $0.23 from $0.38 in the prior year. For the nine-month period, net sales were down 4.7% to $432.7 million, and net income decreased 28.5% to $28.1 million.
Key Highlights
- Q3 Net Sales decreased 4.8% to $135.8 million.
- Q3 Net Income fell 38.2% to $5.9 million.
- Q3 Basic EPS was $0.23, down from $0.38 YoY.
- Nine-month Net Sales decreased 4.7% to $432.7 million.
- Nine-month Net Income fell 28.5% to $28.1 million.
- Net cash provided by operating activities was $30.1 million for nine months.
- Q3 Upholstery sales totaled $66.2 million.
- Q3 Case goods sales totaled $40.6 million.
Price Impact
More from ETD