Ethan Allen Interiors Inc. Announces Sales Results for the Second Quarter Ended December 31, 2016; Provides Earnings Guidance for the Second Quarter Ended December 31, 2016
January 11, 2017 at 05:57 pm IST
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Ethan Allen Interiors Inc. announced sales results for the second quarter ended December 31, 2016. For the quarter, the company's revenue was $194.7 million.
The company provided earnings guidance for the second quarter ended December 31, 2016. For the quarter, the company expects EPS to be $0.38 to $0.39.
Ethan Allen Interiors Inc. is an interior design company, which is a manufacturer and retailer in the home furnishings marketplace. The Company operates through two segments: wholesale and retail. The wholesale segment is involved in the development of the Ethan Allen brand and encompasses all aspects of design, manufacturing, sourcing, marketing, sale, and distribution of the Companyâs broad range of home furnishings and accents. The retail segment sells home furnishings and accents to clients through a network of 139 Company-operated design centers. The Company operates approximately 139 retail design centers with 135 located in the United States and four in Canada. The Company also owns and operates ten manufacturing facilities, including four manufacturing plants, one sawmill, one rough mill and one kiln dry lumberyard in the United States, two manufacturing plants in Mexico and one manufacturing plant in Honduras.
Ethan Allen Interiors Inc. Announces Sales Results for the Second Quarter Ended December 31, 2016; Provides Earnings Guidance for the Second Quarter Ended December 31, 2016