Edition:
India

Ethan Allen Interiors Sees Q3 Consolidated Net Delivered Sales $181.4 Million


Wednesday, 18 Apr 2018 

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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