Earnings Releases·Nov 9, 2026, 4:10 PM ET

Ethan Allen Interiors Inc. — First Quarter 2027 Earnings Summary

Consolidated net sales declined 11.8% year-over-year to $129.6 million, while diluted adjusted EPS fell to $0.10 from $0.43 in the prior year; gross margin contracted to 59.6% from 61.4% due to incremental tariffs and lower production volumes.
Operating efficiency measures reduced SG&A expenses by 5.8% year-over-year to $75.1 million, though cash used in operating activities shifted to a $0.8 million outflow from a $16.8 million inflow previously.
The Company announced a significant capital return with total cash dividends of $92.2 million, including a special dividend of $3.25 per share, and confirmed no outstanding debt with $92.2 million in cash equivalents.
Future outlook includes anticipated higher marketing expenses for the remainder of fiscal 2027 and plans to open three new design centers in Burlington, Huntersville, and Naples, while retail written orders showed 13.2% sequential growth.
Strategic expansion continued with the opening of two new design centers in Aventura and Victoria Gardens, bringing the total North American footprint to 172 centers, alongside the election of five new directors.