Ethan Allen Interiors posts Q4 earnings as sales and orders slip

Ethan Allen Interiors reported fiscal 2026 net sales of $579 million, with fourth‑quarter revenue of $147 million. The furniture retailer and manufacturer faced lower order volumes, reduced contract sales and broader macroeconomic uncertainty, but maintained strong margins, generated operating cash flow and finished the year debt‑free with $187.5 million in cash and investments.

Chairman, President and CEO Farooq Kathwari noted that consumers remained cautious, slowing retail (down 10.8%) and wholesale (down 11.9%) written orders, though the backlog stood at $44 million, down 9% year‑over‑year. Analyst forecasts vary: KeyCorp projects earnings per share of $0.32 for the quarter, with a consensus full‑year EPS of $1.45. Recent ratings range from a sell rating by Weiss Ratings to a hold by Zacks, while Telsey Advisory Group set a target price of $24 and a market‑perform rating.

Ethan Allen posted actual Q4 earnings of $0.24 per share, beating the consensus $0.21, and revenue of $135.84 million versus the $134.85 million estimate. The company recorded a net margin of 6.81% and a return on equity of 8.54%, while revenue fell 4.8% year‑over‑year.