Ethan Allen FY26 diluted EPS drops 22.4% to $1.56; net sales fall 5.7% to $579.5 million
ETD•FY26 results and operating performance
- Ethan Allen posted net income of USD 39.9 million, down 22.7%, with diluted EPS of USD 1.56, down 22.4%.
- Net sales fell 5.7% to USD 579.5 million, hit by lower contract sales and fewer delivered units, partly offset by higher ticket prices.
- Operating income dropped 27.4% to USD 45 million; operating margin narrowed 2.3 percentage points to 7.8%.
- Gross margin widened 0.7 percentage points to 61.2%, helped by sales mix and lower inbound freight, partly offset by tariffs.
- Cash flow from operating activities slipped 14.9% to USD 52.5 million; cash and investments totaled USD 187.5 million at June 30, 2026.
