Oct 17 (Reuters) - Ethan Allen Interiors Inc ::ETHAN ALLEN COMMENTS ON BUSINESS AND ANNOUNCES EARNINGS RELEASE DATE FOR FISCAL 2020 FIRST QUARTER RESULTS.SEES Q1 CONSOLIDATED NET SALES OF $174 MILLION.SEES QUARTERLY GAAP EARNINGS PER SHARE $0.51 TO $0.53.SEES Q1 GAAP DILUTED EPS IN RANGE OF $0.51 TO $0.53.SEES Q1 ADJUSTED DILUTED EPS IN RANGE OF $0.33 TO $0.35.IN QUARTER, WHOLESALE ORDERS FROM CHINA DECLINED 38% MAINLY DUE TO IMPOSITION OF TARIFFS BY CHINA.IN QUARTER, TOTAL WHOLESALE ORDERS EXCLUDING CHINA BUSINESS INCREASED 1%.Q1 EARNINGS PER SHARE VIEW $0.33, REVENUE VIEW $178.4 MILLION -- REFINITIV IBES DATA.
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April 17 (Reuters) - Ethan Allen Interiors Inc ::REG-ETHAN ALLEN INITIATES OPTIMIZATION OF MANUFACTURING AND LOGISTICS.ETHAN ALLEN INTERIORS INC - 550,000 SQ. FT. OLD FORT, NC PLANT WILL BE CONVERTED INTO A STATE-OF--ART DISTRIBUTION CENTER.ETHAN ALLEN INTERIORS INC - CONSOLIDATING U.S. CASE GOODS MANUFACTURING TO VERMONT..ETHAN ALLEN INTERIORS INC - DISTRIBUTION OPERATIONS AT COMPANY'S 250,000 SQ. FT. PASSAIC, NJ FACILITY WILL BE MOVED TO OPERATIONS IN NORTH CAROLINA.ETHAN ALLEN INTERIORS - EXPECTS TO INCUR RESTRUCTURING AND OTHER CONSOLIDATION COSTS OF APPROXIMATELY $7 MILLION TO $8 MILLION PRIMARILY DURING Q4.ETHAN ALLEN INTERIORS INC - COMPANY WILL ALSO MAKE RELATED CAPITAL INVESTMENTS OF APPROXIMATELY $8 MILLION.ETHAN ALLEN INTERIORS - ABOUT 40% RESTRUCTURING, OTHER CONSOLIDATION COSTS IS EXPECTED TO BE NON-CASH ASSET IMPAIRMENT CHARGES, PRIMARILY DURING Q4..ETHAN ALLEN INTERIORS INC - EXPECTS CHANGES WILL PROVIDE AN OPPORTUNITY TO BENEFIT GROSS PROFIT BY $5 MILLION TO $6 MILLION DURING FISCAL 2020.ETHAN ALLEN INTERIORS INC - ART FRAMING OPERATIONS WILL BE OUTSOURCED.ETHAN ALLEN - BEGINNING IN 2021, AFTER COMPLETION OF INITIATIVES, CHANGES WILL PROVIDE OPPORTUNITY FOR 100 TO 200 BPS IMPROVEMENT TO GROSS MARGIN.ETHAN ALLEN INTERIORS INC - DECISIONS AFFECT APPROXIMATELY 325 OF OUR ASSOCIATES IN OLD FORT, NC AND 55 ASSOCIATES IN PASSAIC, NJ.
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Jan 28 (Reuters) - Ethan Allen Interiors Inc ::REG-ETHAN ALLEN REPORTS FISCAL 2019 SECOND QUARTER RESULTS.Q2 GAAP EARNINGS PER SHARE $0.45.Q2 SALES $197.2 MILLION VERSUS REFINITIV IBES ESTIMATE OF $201.5 MILLION.Q2 EARNINGS PER SHARE ESTIMATE $0.46 -- REFINITIV IBES DATA.Q2 ADJUSTED EARNINGS PER SHARE $0.46.ANNOUNCED SPECIAL DIVIDEND OF $1.00 WHICH WAS PAID ON JANUARY 24, 2019.IN JANUARY 2019, CO SAW IMPROVED TRAFFIC TRENDS IN DESIGN CENTERS.AT QUARTER-END, INVENTORIES OF $159.2 MILLION DECREASED BY $3.8 MILLION FROM JUNE 30, 2018.
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Oct 24 (Reuters) - Ethan Allen Interiors Inc ::REG-ETHAN ALLEN REPORTS FISCAL 2019 FIRST QUARTER RESULTS.Q1 GAAP EARNINGS PER SHARE $0.33.Q1 SALES $187.8 MILLION VERSUS I/B/E/S VIEW $185.7 MILLION.Q1 EARNINGS PER SHARE VIEW $0.32 -- THOMSON REUTERS I/B/E/S.Q1 ADJUSTED EARNINGS PER SHARE $0.33.
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April 24 (Reuters) - Ethan Allen Interiors Inc ::REG-ETHAN ALLEN DECLARES REGULAR QUARTERLY CASH DIVIDEND AND INCREASES SHARE REPURCHASE AUTHORIZATION.SETS REGULAR QUARTERLY CASH DIVIDEND OF $0.19PER SHARE.INCREASED CURRENT SHARE REPURCHASE PROGRAM, INCREASING REMAINING SHARES AUTHORIZED FOR REPURCHASE TO THREE MILLION SHARES.
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April 17 (Reuters) - Ethan Allen Interiors Inc ::EXPECTS CONSOLIDATED NET DELIVERED SALES FOR Q3 OF $181.4 MILLION, A 0.5% INCREASE OVER PRIOR YEAR PERIOD.Q3 WHOLESALE DELIVERED SALES INCREASED BY 7.3% TO $118.9 MILLION.QTRLY RETAIL DIVISION DELIVERED SALES WERE IMPACTED BY TIMING OF RECEIPT OF PRODUCTS, AND DECLINED 3.6% TO $136.9 MILLION.Q3 ADJUSTED DILUTED EARNINGS PER SHARE IS EXPECTED TO BE IN RANGE OF $0.10 TO $0.11.Q3 EARNINGS PER SHARE VIEW $0.16, REVENUE VIEW $182.1 MILLION -- THOMSON REUTERS I/B/E/S.Q3 EARNINGS PER SHARE FORECAST REFLECTS IMPACT OF RISE IN MARKETING EXPENDITURES, DELAYED DELIVERY OF RETAIL BACKLOG, AMONG OTHERS.ETHAN ALLEN - Q3 EARNINGS PER SHARE FORECAST ALSO REFLECTS IMPACT OF RISE IN RAW MATERIALS COSTS, HIGHER INSURANCE COSTS, MANUFACTURING INEFFICIENCIES DUE TO GOVERNMENT CONTRACT STARTUP.
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April 6 (Reuters) - Ethan Allen Interiors Inc ::EXPECTS CONSOLIDATED NET SALES FOR QUARTER OF $181.3 MILLION, A SLIGHT INCREASE OVER PRIOR YEAR PERIOD.DURING Q3, RETAIL DIVISION WRITTEN ORDERS INCREASED 2.6% WITH "STRONG ACCELERATION" IN MARCH INCREASING 6.9% OVER PRIOR YEAR.DURING Q3, WHOLESALE ORDERS INCREASED BY 14%, HELPED BY STRONG ORDERS FROM U.S. GOVERNMENT.WHOLESALE SHIPMENTS INCREASED BY 7.2% TO $118.8 MILLION FOR QUARTER ENDED MARCH 31, 2018.ALSO IMPLEMENTED A PRICE INCREASE AS OF APRIL 1.GROSS MARGINS FOR Q3 EXPECTED TO BE LOWER DUE TO HIGHER MIX OF WHOLESALE TO RETAIL AND INCREASES IN RAW MATERIAL COSTS.Q3 REVENUE VIEW $188.0 MILLION -- THOMSON REUTERS I/B/E/S.OPERATING EXPENSES IN Q3 EXPECTED TO BE HIGHER DUE TO INCREASE IN MARKETING EXPENDITURES.
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Ethan Allen Interiors Inc ::REG-ETHAN ALLEN REPORTS FISCAL 2018 SECOND QUARTER RESULTS.Q2 ADJUSTED EARNINGS PER SHARE $0.53.Q2 EARNINGS PER SHARE $0.54.Q2 EARNINGS PER SHARE VIEW $0.52 -- THOMSON REUTERS I/B/E/S.Q2 SALES $198.5 MILLION VERSUS I/B/E/S VIEW $211.9 MILLION.ANNOUNCE MARKETING CAMPAIGN TO HELP INCREASE TRAFFIC TO RETAIL NETWORK AND TO DIGITAL MEDIUMS STARTING FROM Q3.
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Jan 16 (Reuters) - Ethan Allen Interiors Inc ::ETHAN ALLEN INTERIORS - BASED ON PRELIMINARY FINANCIAL RESULTS FOR FISCAL Q2 ENDED DECEMBER 31, 2017, COMPANY EXPECTS TO REPORT SALES OF $198.5 MILLION.- BASED ON PRELIMINARY RESULTS FOR Q2 ENDED DEC. 31, 2017, EXPECTS TO REPORT ADJUSTED DILUTED EPS IN RANGE OF $0.51 TO $0.52.- BASED ON PRELIMINARY RESULTS FOR Q2 ENDED DEC. 31, 2017, EXPECTS GROSS MARGIN OF 54.3%, ADJUSTED OPERATING MARGIN OF 8.7%.Q2 EARNINGS PER SHARE VIEW $0.51, REVENUE VIEW $211.7 MILLION -- THOMSON REUTERS I/B/E/S.
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