Ethan Allen Q4 Sales Miss, Orders Plunge 11% as Tariffs Bite
ETD sits 29% above its 52-week low of $18.28.
Summary
Ethan Allen's fiscal Q4 revenue fell 8.5% to $146.8M, missing the $148.7M consensus, as retail and wholesale written orders dropped 10.8% and 11.9% respectively. Adjusted EPS of $0.36 beat the $0.34 estimate, but the beat was partly aided by $5M in tariff refunds that temporarily boosted margins. New tariffs of 10-12.5% took effect July 24, adding cost pressure, while sluggish demand and macro uncertainty are expected to weigh on near-term sales. The company declared a $0.25 special dividend and maintained its regular $0.39 payout, signaling confidence in liquidity despite the top-line weakness. With a market cap around $600M, the order declines and tariff headwinds are material, and the planned opening of five new design centers in fiscal 2027 suggests a bet on eventual demand recovery. The company also reported lower profit as sales declined on sluggish demand.
At the time of this announcement, ETD was trading at $23.59 on NYSE in the Trade & Services sector, with a market capitalization of approximately $600.3M. The 52-week trading range was $18.28 to $31.41. This news item was assessed with negative market sentiment and an importance score of 8 out of 10. Source: Reuters.