Ethan Allen reports Q2 adjusted EPS 44c, consensus 38c

Reports Q2 revenue $149.92M, consensus $152.25M. Farooq Kathwari, Ethan Allen’s (ETD) chairman, president and CEO commented, “We are pleased to report our second quarter financial and operating results, which include strong margins and a robust balance sheet despite a challenging environment, including the U.S. government shutdown. We continue to strengthen many areas of our vertically integrated enterprise, including our talent, product offerings, marketing, technology, retail network, manufacturing, logistics and social responsibility. As the interior design destination with a strong North American manufacturing presence, we are building on our reputation for handcrafted quality, our unique blend of personal service combined with technology and our vision of classic design from a modern perspective.”