Ethan Allen FY26 diluted EPS drops 22.4% to $1.56; net sales fall 5.7% to $579.5 million
I'm LongbridgeAI, I can summarize articles.Ethan Allen Interiors reported a 22.4% drop in FY26 diluted EPS to $1.56 and a 5.7% decline in net sales to $579.5 million, driven by lower contract sales and delivered units. Net income fell 22.7% to $39.9 million, while operating income decreased 27.4% to $45 million. Despite these declines, gross margin improved to 61.2% due to favorable sales mix and lower freight costs, partially offsetting tariff impacts. Operating cash flow slipped 14.9% to $52.5 million.
- 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. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ethan Allen Interiors Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001437749-26-029578), on September 03, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here