News & Events zu Ethan Allen Interiors Inc (ETD)ETDEthan Allen Interiors Inc

Ethan Allen Declares $3.00 Special Cash Dividend Per Share

Ethan Allen announced that its board of directors declared a $3.00 per share special cash dividend to shareholders of record as of September 3, payable September 17. "Our Board's decision to declare this special dividend reflects Ethan Allen's strong cash generation, debt-free balance sheet, sustained levels of profitability and confidence in our long-term strategy," said Farooq Kathwari, Ethan Allen's chairman, president and CEO. "We are focused on returning meaningful capital to shareholders while continuing to invest in our design centers, technology, marketing and manufacturing, and in the talent that differentiates Ethan Allen."

Doug Bergeron Nominates Six Candidates for Ethan Allen Board

Doug Bergeron, a beneficial owner of 5.0% of the outstanding common stock of Ethan Allen Interiors, announced that he, through his entity DGB Investment, has nominated six candidates for election to the Company's Board of Directors at the 2026 Annual Meeting of Shareholders. In conjunction with the nominations, Bergeron also released the following open letter to shareholders. "My name is Doug Bergeron and I have invested significant personal capital to build a beneficial ownership stake of 5.0% in Ethan Allen because I believe this iconic American business represents one of the most compelling opportunities in the public markets today... The problem is not that Ethan Allen lacks resources. The Company has a healthy balance sheet with $187.5 million in total cash and investments and no debt, which should enable it to allocate resources toward brand-building, customer experience and digital initiatives that would drive traffic and recapture market share. Yet even as written orders declined sharply in the fourth quarter, marketing spend declined as a percentage of sales... Right now, Ethan Allen's business is behaving like a melting ice cube. And melting ice cubes eventually disappear... Beyond ceding market share, I believe one of the greatest costs of the Company's increasingly outdated strategy is its loss of relevance to a growing customer base. Ethan Allen's failure to modernize its business raises the risk of missing out on an entire generation of design-conscious customers who are now buying homes and are in their peak home improvement years."

Ethan Allen Q4 Revenue at $146.8M, Below Consensus

Reports Q4 revenue $146.8M, consensus $148.7M. Farooq Kathwari, Ethan Allen's Chairman, President and CEO commented, "We are pleased to report our fiscal 2026 financial and operating results, which include strong margins and a robust balance sheet despite a challenging operating environment. Fiscal 2026 marked a year where we further strengthened many areas of our vertically integrated enterprise, including our talent, product offerings, marketing, technology, retail network, manufacturing, logistics and social responsibility. Recent product introductions, which portray classics with a modern perspective, resonate with our clients. We remain confident in our long-term strategy as the interior design destination, operating a vertically integrated enterprise with 171 Ethan Allen Retail Design Centers in North America and more internationally, and supported by strong North American manufacturing and logistics."