Ethan Allen Interiors Inc. Provides Consolidated Earnings Guidance for the Second Quarter of Fiscal 2020; Appoints Rodney Hutton as Chief Marketing Officer
January 14, 2020 at 03:00 am IST
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Ethan Allen Interiors Inc. provided consolidated earnings guidance for the second quarter of fiscal 2020. The Company expects consolidated net sales of $175 million and GAAP diluted EPS in the range of $0.24 to $0.26.
The company also announced that Rodney Hutton has recently joined Ethan Allen as Chief Marketing Officer. Rodney brings a strong marketing and brand building background having previously held senior marketing leadership roles in a number of leading enterprises including Karl Lagerfeld, Ann Klein, Ralph Lauren and Giorgio Armani.
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. Provides Consolidated Earnings Guidance for the Second Quarter of Fiscal 2020; Appoints Rodney Hutton as Chief Marketing Officer