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Ethan Allen: Fiscal 4Q Earnings Snapshot

Ethan Allen Interiors on Wednesday reported fiscal fourth-quarter net income of $11.5 million.  On a per-share basis, the Danbury-based company said it had net income of 42 cents. Earnings, adjusted for pretax expenses, were 43 cents per share. The results topped Wall Street expectations.  The home furnishings company posted revenue of $205.6 million in the period, also surpassing forecasts.  Ethan Allen shares have dropped 18 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $23.40, a decline of 25 percent in the last 12 months.

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Rich Valdes

Local Headlines