Latest news with #EthanAllen


20-05-2025
- Business
Ethan Allen Offers Peace of Mind for Pet Owners with Stylish, Durable Pet-Friendly Fabrics
Ethan Allen, a leader in classic and contemporary home furnishings, announces the launch of a thoughtfully curated selection of pet-friendly fabrics designed to blend style, comfort, and practicality—perfect for today's pet-loving households. Crafted to meet the unique challenges pets can bring into the home, these fabrics are treated with Scotchgard™ for enhanced durability and stain resistance. The collection allows pet owners to enjoy elegant, stylish furniture—without the worry of muddy paws or fur-covered cushions. The Scotchgard™ treatment forms a protective barrier that repels spills and resists stains caused by common pet accidents. Whether dealing with a tipped water bowl or an unexpected mishap, clean-up is simple and effective—helping upholstery stay fresh and looking new for longer. Beyond stain resistance, the fabrics are tightly woven to withstand everyday wear and tear, including potential scratches or snags from claws. These high-performance materials are engineered to endure without compromising on appearance or comfort. Another thoughtful feature is pet hair resistance. Thanks to the fabric's treated surfaces, fur doesn't cling easily—making it easier to maintain with just a vacuum or a quick wipe-down. As a design-driven brand, Ethan Allen ensures that functionality never comes at the expense of aesthetics. The pet-friendly fabric range is available in a wide variety of colors, textures, and patterns, allowing customers to find upholstery that complements any room and personal style. With this innovative collection, Ethan Allen empowers pet owners to create beautiful, pet-friendly spaces without compromise. Visit Ethan Allen UAE in-store or online to explore the full range. About Ethan Allen: Represented in the UAE by the Alabbar Retail Group, Ethan Allen is a renowned American furniture and home décor brand with over 90 years of heritage. Founded in 1932 in Beecher Falls, Vermont, the brand is known for its timeless craftsmanship, innovative design, and exceptional quality. A global leader in the furniture industry, Ethan Allen offers a wide range of products that combine form and function, enabling customers to create elegant, personalized living spaces. In the UAE, Ethan Allen showrooms are located on Sheikh Zayed Road and in Dubai Hills Mall. Follow Emirates 24|7 on Google News.


CNBC
15-05-2025
- Business
- CNBC
Trade Tracker: Jenny Harrington buys Ethan Allen
Jenny Harrington, CEO Gilman Hill Asset Management, joins CNBC's "Halftime Report" to explain why she's buying Ethan Allen.
Yahoo
09-05-2025
- Business
- Yahoo
Ethan Allen Interiors (NYSE:ETD) Is Due To Pay A Dividend Of $0.39
The board of Ethan Allen Interiors Inc. (NYSE:ETD) has announced that it will pay a dividend on the 29th of May, with investors receiving $0.39 per share. The dividend yield will be 7.5% based on this payment which is still above the industry average. Our free stock report includes 2 warning signs investors should be aware of before investing in Ethan Allen Interiors. Read for free now. If the payments aren't sustainable, a high yield for a few years won't matter that much. Based on the last dividend, Ethan Allen Interiors is earning enough to cover the payment, but then it makes up 96% of cash flows. While the company may be more focused on returning cash to shareholders than growing the business at this time, we think that a cash payout ratio this high might expose the dividend to being cut if the business ran into some challenges. EPS is set to fall by 7.0% over the next 12 months. If the dividend continues along the path it has been on recently, the payout ratio in 12 months could be 103%, which is definitely a bit high to be sustainable going forward. Check out our latest analysis for Ethan Allen Interiors The company has a long dividend track record, but it doesn't look great with cuts in the past. Since 2015, the annual payment back then was $0.48, compared to the most recent full-year payment of $1.96. This implies that the company grew its distributions at a yearly rate of about 15% over that duration. Dividends have grown rapidly over this time, but with cuts in the past we are not certain that this stock will be a reliable source of income in the future. With a relatively unstable dividend, it's even more important to see if earnings per share is growing. Ethan Allen Interiors has impressed us by growing EPS at 28% per year over the past five years. The company doesn't have any problems growing, despite returning a lot of capital to shareholders, which is a very nice combination for a dividend stock to have. In summary, while it's good to see that the dividend hasn't been cut, we are a bit cautious about Ethan Allen Interiors' payments, as there could be some issues with sustaining them into the future. With cash flows lacking, it is difficult to see how the company can sustain a dividend payment. This company is not in the top tier of income providing stocks. Market movements attest to how highly valued a consistent dividend policy is compared to one which is more unpredictable. However, there are other things to consider for investors when analysing stock performance. Case in point: We've spotted 2 warning signs for Ethan Allen Interiors (of which 1 can't be ignored!) you should know about. Is Ethan Allen Interiors not quite the opportunity you were looking for? Why not check out our selection of top dividend stocks. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
06-05-2025
- Business
- Yahoo
Ethan Allen Interiors Inc (ETD) Q3 2025 Earnings Call Highlights: Navigating Challenges with ...
Consolidated Net Sales: $142.7 million, reflecting lower delivered unit volume but higher average ticket price and improved contract sales. Gross Margin: 61.2%, driven by lower raw material costs and reduced headcount. Adjusted Operating Margin: 8%, compared to 10% a year ago. Adjusted Diluted EPS: $0.38, compared to $0.48 a year ago. Operating Cash Flow: $10.2 million generated during the third quarter. Total Cash and Investments: $183 million, with no outstanding debt. Retail Segment Written Orders: Down 13.2%. Wholesale Orders: Decreased by 11.2%. Wholesale Backlog: $54.6 million as of March 31. Headcount: 3,294, a decrease of 4.5% from a year ago. Capital Expenditures: $2.0 million, including new retail design centers and manufacturing equipment. Quarterly Cash Dividend: $0.39 per share, with a current yield of 5.4%. Warning! GuruFocus has detected 5 Warning Sign with ETD. Release Date: May 05, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Ethan Allen Interiors Inc (NYSE:ETD) reported strong gross margins of 61.2% driven by lower raw material costs, reduced headcount, and higher average ticket prices. The company maintained a robust balance sheet with $183 million in cash and no outstanding debt. Ethan Allen Interiors Inc (NYSE:ETD) has a strong North American manufacturing presence, producing 75% of its furniture domestically, which minimizes tariff impacts. The company continues to pay regular quarterly cash dividends, with a current yield of 5.4%, one of the highest in the industry. Ethan Allen Interiors Inc (NYSE:ETD) has successfully leveraged technology to improve operational efficiency, reduce headcount by 36% since 2019, and enhance marketing reach. Consolidated net sales were $142.7 million, reflecting lower delivered unit volume despite higher average ticket prices. Retail segment written orders decreased by 13.2%, and wholesale orders decreased by 11.2%, indicating a challenging demand environment. The adjusted operating margin decreased to 8% from 10% a year ago, reflecting tighter expense management but lower profitability. The company experienced softness in demand during January and February due to weather, tariff uncertainty, and reduced traffic. Ethan Allen Interiors Inc (NYSE:ETD) faces challenges from elevated interest rates and a difficult housing market, impacting overall demand. Q: How do tariffs affect Ethan Allen's positioning in the industry, and are you seeing price increases from competitors? A: Farooq Kathwari, CEO, explained that Ethan Allen is less impacted by tariffs due to its North American manufacturing base, with only a small portion of products affected by tariffs. The company has not raised prices yet but will consider it if necessary. Competitors with more offshore dependency may need to increase prices more significantly. Q: Will Ethan Allen need to raise prices due to current cost pressures? A: Farooq Kathwari, CEO, stated that so far, they have not raised prices and will evaluate the need for price adjustments as part of regular business operations, particularly for imported products which are a small part of their total product line. Q: Can you comment on recent demand trends, particularly in April and early May? A: Farooq Kathwari, CEO, noted that April continued to show softness, but there was a positive trend towards the end of the month. May has shown more positive trends, although they remain cautious. Despite reduced traffic, those who visited made significant purchases. Q: How is Ethan Allen using promotions to drive traffic in a softer demand environment? A: Farooq Kathwari, CEO, mentioned that increasing discounts was not deemed necessary as the environment needed to improve for consumers to return. They maintained regular promotions without significant changes, as those who visited were already making purchases. Q: What is the impact of changes in the State Department on Ethan Allen's contract with them? A: Farooq Kathwari, CEO, indicated that while the contract remains, there has been a cautious approach from the State Department recently. They continue to buy, but the volume has decreased slightly due to changes within the department. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Sign in to access your portfolio


21-04-2025
- Business
Ethan Allen UAE Launches Official Website, Bringing Timeless Design Online
Ethan Allen, the iconic name in American home furnishings, announced the launch of its official UAE website: . The new digital platform is designed to offer customers across the region an elegant and intuitive way to explore Ethan Allen's full range of handcrafted furniture and décor. From classic to contemporary, the website showcases the brand's commitment to exceptional craftsmanship, comfort, and enduring style. Whether you're furnishing a single room or designing your entire home, Ethan Allen UAE now brings inspiration and expert guidance right to your fingertips. Visitors to the website can discover beautifully curated room collections and customizable design options, browse detailed product information, and explore a selection of pieces available for immediate delivery. The platform also provides complimentary interior design services, including 2D and 3D space planning tools, along with the ability to schedule personalized consultations with Ethan Allen's professional design team, all aimed at delivering a seamless and inspiring customer experience. To mark the launch, Ethan Allen UAE is offering an exclusive 25% OFF on everything, available in-store at both the Dubai Hills Mall and Sheikh Zayed Road Showroom locations. 'At Ethan Allen, we believe that great design should be both inspiring and accessible,' said Haroun Sowid, Head of Retail 'Our new website reflects our dedication to providing customers with the same personalized service and elevated experience they've come to expect in our showrooms, now available online.' With the introduction of , customers can now begin their journey toward a beautifully designed home from the comfort of their own space. Visit Ethan Allen UAE online and discover design that lasts a lifetime. Follow Emirates 24|7 on Google News.