Ethan Allen Q3 revenue falls 5% on weak demand for home furnishings

Ethan Allen Interiors

29/04/2026 21:35

Overview

US furniture retailer's fiscal Q3 revenue fell 5% yr/yr amid sluggish home furnishings demand

Adjusted EPS for fiscal Q3 declined 37% from prior year

Company maintained regular quarterly dividend at $0.39 per share

Outlook

Company plans to open new design centers in North America during 2026

Ethan Allen says it remains cautiously optimistic amid macroeconomic uncertainty and sluggish demand

Company continues to monitor tariff developments and assess their potential impact on business

Result Drivers

REDUCED GOVERNMENT AND INTERNATIONAL BUSINESS - Co said Q3 results were impacted by lower business with the U.S. State Department and reduced international sales

SLUGGISH DEMAND - Co cited challenging environment for home furnishings, including weather disruptions and macroeconomic uncertainty, as hurting demand

TARIFF PRESSURE - Operating margin was affected by tariffs, partially offset by cost control and operational efficiencies

Company press release: ID:nGNX7S1RQh

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Sales
Slight Beat*
$135.80 mln
$134.85 mln (2 Analysts)
Q3 Adjusted EPS
Beat
$0.24
$0.21 (2 Analysts)
Q3 EPS
$0.23
Q3 Gross Margin
59.40%
Q3 Adjusted Operating Margin
5.00%


*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the home furnishings peer group is "hold"

Wall Street's median 12-month price target for Ethan Allen Interiors Inc is $27.00, about 20.3% above its April 28 closing price of $22.44

The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 13 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)