US’ Ethan Allen’s wholesale sales grow in Q3 FY25, retail down
Ethan Allen has reported net sales of $142.7 million in Q3 FY25, with wholesale growth of 10.2 per cent offset by a retail decline. Gross margin held at 61.2 per cent, while adjusted EPS fell to $0.38. The company maintained strong cash reserves, zero debt, and paid higher dividends. It opened new design centres in Wisconsin and Toronto and remains focused on vertical integration to navigate challenges.
Ethan Allen has reported net sales of $142.7 million in Q3 FY25, with wholesale growth of 10.2 per cent offset by a retail decline.
Gross margin held at 61.2 per cent, while adjusted EPS fell to $0.38.
The company maintained strong cash reserves, zero debt, and paid higher dividends.
It opened new design centres in Wisconsin and Toronto and remains focused on vertical integration to navigate challenges.
