Ethan Allen Interiors Inc. Reports Earnings Results for the Second Quarter Ended December 31, 2018
January 28, 2019 at 09:18 pm
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Ethan Allen Interiors Inc. announced earnings results for the second quarter ended December 31, 2018. For the second quarter, the company announced sales was USD 197.152 million compared to USD 198.481 million a year ago. Operating income was USD 16.128 million compared to USD 17.538 million a year ago. Net income was USD 12.190 million compared to USD 14.862 million a year ago. Basic earnings per share was USD 0.46 compared to USD 0.54 a year ago. Diluted earnings per share was USD 0.45 compared to USD 0.54 a year ago. For the half year, sales was USD 384.937 million compared to USD 379.783 million a year ago. Operating income was USD 27.927 million compared to USD 29.087 million a year ago. Net income was USD 21.030 million compared to USD 22.277 million a year ago. Basic earnings per share was USD 0.79 compared to USD 0.81 a year ago. Diluted earnings per share was USD 0.78 compared to USD 0.8 a year ago.
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. 
