Ethan Allen Misses Q4 Revenue but Declares Special and Regular Dividends
ETD sits 29% above its 52-week low of $18.28.
Summary
Ethan Allen missed Q4 revenue estimates with an 8.5% decline, but declared a special $0.25 dividend and a regular $0.39 dividend, backed by a debt-free balance sheet and $187.5M in cash.
Key Events · Earnings and Guidance · ETD
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Q4 Revenue Miss
Consolidated net sales of $146.8M, down 8.5% YoY, missed the $148.7M consensus. Retail written orders fell 10.8%, while wholesale written orders dropped 11.9%.
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Earnings Decline
Adjusted diluted EPS of $0.36 versus $0.49 in the prior year, driven by tariff impacts and fixed-cost deleveraging on lower sales.
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Special and Regular Dividends Declared
The board declared a $0.25 special cash dividend and a $0.39 regular quarterly dividend, both payable August 26, 2026, marking the sixth consecutive year of special dividends.
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Strong Balance Sheet
The fiscal year ended with $187.5M in cash and investments, no debt, and $52.5M in operating cash flow generated for the full year.
Analysis · ETD · Manufacturing
Fiscal Q4 revenue fell 8.5% to $146.8M, missing the $148.7M consensus, as both retail and wholesale written orders declined double digits. Adjusted EPS of $0.36 was well below last year's $0.49, reflecting tariff headwinds and fixed-cost deleveraging. Despite the top-line weakness, the company maintained strong margins—adjusted gross margin came in at 59.7%—and generated $22.4M in operating cash flow. The balance sheet remains robust with $187.5M in cash and no debt, supporting a special $0.25 dividend and a regular $0.39 quarterly payout. While the results underscore near-term demand pressure from macroeconomic uncertainty, the dividend actions signal confidence in liquidity and long-term strategy.
How filings like this one have moved
In the 30 days to Sep 10, 2026, 30% of the 1963 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.14%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, ETD was trading at $23.59 on NYSE in the Manufacturing sector, with a market capitalization of approximately $600.3M. The 52-week trading range was $18.28 to $31.41. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.