04.11.2019 23:27:00

Ethan Allen Q1 Profit Rises

(RTTNews) - Ethan Allen Interiors Inc. (ETH) Monday reported first-quarter net income of $14.1 million or $0.53 per share, up from $8.8 million or $0.33 per share last year.

Adjusted earnings increased 6.1% to $0.35 per share compared with $0.33 per share last year.

Net sales were $173.9 million, down 7.4% from $187.8 million reported last year.

Analysts had expected the company to earn $0.34 per share on revenues of $175.13 million, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

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Ethan Allen Interiors Inc. 30,73 -1,00% Ethan Allen Interiors Inc.