ETD Stock Recent News
ETD LATEST HEADLINES
Ethan Allen's headwinds have intensified, with wide revenue declines seen in most furnishings companies. ETD stock has still executed impressive margin resilience with good cost control and flexibility. A mid-term recovery, largely dependent on interest rates and consumer sentiment, looks likely to rebound earnings into a highly attractive level.
Market underestimates Ethan Allen's economic profitability. ETD stock is a safe source of dividend income. Attractive valuation with potential for growth in economic profitability.
DANBURY, Conn., June 06, 2024 (GLOBE NEWSWIRE) -- Ethan Allen has announced plans to move its Albuquerque, New Mexico, and Watchung, New Jersey, Design Centers to new locations in the Fall of 2024.
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A big dividend while you wait for the turnaround.
A focus on digitization, e-commerce, product innovation and new marketing techniques is encouraging for the Zacks Retail-Home Furnishing industry players like WSM and ETD despite a challenging macro backdrop.
DANBURY, CT, April 03, 2024 (GLOBE NEWSWIRE) -- Ethan Allen Interiors Inc. (“Ethan Allen” or the “Company”) (NYSE: ETD) today announced that it will release its financial and operating results for the fiscal 2024 third quarter ended March 31, 2024, after the market closes on Wednesday, April 24, 2024.
The second quarter of fiscal 2024 results of Ethan Allen (ETD) reflect lower volumes, written orders and backlog, mainly due to soft discretionary home-related spending and a slow economy.
Ethan Allen (ETD) came out with quarterly earnings of $0.67 per share, missing the Zacks Consensus Estimate of $0.76 per share. This compares to earnings of $1.10 per share a year ago.