Type
|
Public |
---|---|
Traded as | NYSE: ETH S&P 600 Component |
Industry | Furniture and home interiors |
Founded | 1932 |
Headquarters | Danbury, Connecticut, USA |
Key people
|
Farooq Kathwari, President, Chairman and CEO |
Revenue | US$ 763.38 million (2017) |
Operating income
|
US$ 57.95 million (2017) |
Net income
|
US$ 36.19 million (2017) |
Total assets | US$ 568.22 million (2017) |
Number of employees
|
5,200 (2017) |
Subsidiaries | Ethan Allen Global, Inc. |
Website | www.ethanallen.com |
Ethan Allen Interiors Inc. is an American furniture chain with more than 300 stores across the United States, Canada, Europe, Asia, and the Middle East. It was founded in 1932 by two brothers-in-law, Nathan S. Ancell and Theodore Baumritter.
Ethan Allen has about 300 Design Centers and Studios domestically and abroad, 9 manufacturing facilities, 14 retail service centers, and sales of $763.4 million located across the United States in 2017. It is one of the largest furniture companies in the United States.
The company makes customized furniture domestically (Maiden, NC), such as upholstered furniture, sofas, and chairs, custom made in a selected fabric. Overall domestic manufacturing of Ethan Allen products stands at 65% with goals to raise this to 70% with the release of the new American Artisan line.
The company was started as a housewares manufacturer in 1932, then bought a bankrupt furniture factory in Beecher Falls, Vermont, in 1936. The firm adopted the name "Ethan Allen" for its early-American furniture introduced in 1939. It was named after the Vermont Revolutionary leader.
In 1972, Ethan Allen moved its headquarters from New York City to Danbury, Connecticut. The Ethan Allen International Headquarters Complex includes the Ethan Allen Hotel, corporate headquarters offices, and an interior design center. The firm was sold in 1980 to Interco for $150 million, though Ancell remained an advisor. The company was sold again in 1989 to a management group headed by current Chairman, President, and CEO Farooq Kathwari. In 1993, the company went public to help raise $156.9 million through the sale of common stock.
In 2004, Ethan Allen closed its Boonville, New York, plant, laying off 250. It also closed its Bridgewater, Virginia, plant, also laying off 250.
In 2008, the company announced plans to close a dozen Design Centers. The decision was made to consolidate the Design Centers with others that were currently serving the same market area.
More than seventy percent of its cherry, maple, and alder wood pieces are crafted in the United States. Towards the end of 2008, Ethan Allen began selling their products online.
In 2009, the company laid off 238 workers from Beecher Falls, Vermont. 93 workers remained. Later in the year, the plant ceased operation. In 2009, Ethan Allen closed the Eldred, PA manufacturing plant.
Period | Date | Adjusted Actuals EPS | GAAP EPS |
---|---|---|---|
Q1 2022 | 2021-10-27 | Future report Set alerts | |
Q4 2021 | 2021-08-09 | 0.74 | 0.74 |
Q3 2021 | 2021-04-29 | 0.58 | 0.58 |
Q2 2021 | 2021-01-28 | 0.69 | 0.69 |
Q1 2021 | 2020-10-29 | 0.00 | 0.37 |
Q4 2020 | 2020-08-04 | -0.15 | -0.48 |
Q3 2020 | 2020-05-11 | 0.02 | -0.01 |
Q2 2020 | 2020-02-04 | 0.27 | 0.27 |
Q1 2020 | 2019-11-04 | 0.35 | 0.53 |
Q4 2019 | 2019-07-31 | 0.46 | -0.12 |
2016-04-26 | Boost Price Target | Dougherty & Co | Buy | $37.00 to $38.00 |
2016-04-26 | Boost Price Target | Telsey Advisory Group | Market Perform | $32.00 to $33.00 |
2016-04-20 | Boost Price Target | Telsey Advisory Group | Market Perform | $30.00 to $32.00 |
2016-01-27 | Boost Price Target | Dougherty & Co | Buy | $35.00 to $37.00 |
2016-01-27 | Upgrade | Gabelli | Hold to Buy | $34.00 |
2016-01-26 | Reiterated Rating | Telsey Advisory Group | Market Perform | |
2015-10-28 | Downgrade | Raymond James | Strong-Buy to Outperform | $34.00 to $31.00 |
2015-10-28 | Downgrade | Raymond James Financial Inc. | Strong-Buy to Outperform | $34.00 to $31.00 |
2015-09-17 | Boost Price Target | Telsey Advisory Group | Market Perform | $28.00 to $30.00 |
2015-07-29 | Boost Price Target | Dougherty & Co | Buy | $32.50 to $35.00 |
2015-04-24 | Downgrade | Sidoti | Buy to Neutral | |
2015-04-15 | Lower Price Target | Nomura | Neutral | $32.00 to $30.00 |
2015-04-15 | Lower Price Target | Nomura Holdings Inc. | Neutral | $32.00 to $30.00 |
2015-03-25 | Downgrade | Gabelli | Buy to Hold | |
2014-11-14 | Boost Price Target | Nomura | Neutral | $28.00 to $32.00 |
2014-10-22 | Upgrade | Dougherty & Company | Neutral to Buy | $31 |
2014-10-22 | Upgrade | Dougherty & Co | Neutral to Buy | $31.00 |
2014-07-21 | Lower Price Target | Telsey Advisory Group | Not Rated | $32.00 to $30.00 |
2014-07-16 | Initiated Coverage | Nomura | Neutral | $26.00 |
2014-06-09 | Initiated | Gabelli & Co | Buy | $30 |
2014-06-09 | Initiated Coverage | Gabelli | Buy | $30.00 |
2014-06-02 | Initiated Coverage | Barrington Research | Market Perform | |
2014-01-10 | Downgrade | Dougherty & Co | Buy to Neutral | |
2013-06-04 | Initiated | Dougherty & Company | Buy | $38 |
2012-12-14 | Downgrade | Stifel Nicolaus | Buy to Hold | |
2011-12-13 | Initiated | Argus | Hold | |
2010-06-29 | Downgrade | KeyBanc Capital Mkts | Hold to Underweight | $13 |
2009-08-31 | Upgrade | KeyBanc Capital Mkts | Underweight to Hold | |
2009-04-22 | Reiterated | KeyBanc Capital Mkts | Underweight | $11 to $8 |
2009-04-15 | Initiated | KeyBanc Capital Mkts | Underweight | $11 |
2009-01-30 | Reiterated | Hilliard Lyons | Long-term Buy | $17 to $15 |
2008-12-02 | Reiterated | Hilliard Lyons | Long-term Buy | $25 to $17 |
2008-09-04 | Reiterated | Hilliard Lyons | Buy | $32 to $30 |
2008-01-15 | Downgrade | GARP Research | Buy to Neutral | |
2007-04-02 | Downgrade | Goldman Sachs | Neutral to Sell | |
2007-02-09 | Downgrade | Matrix Research | Buy to Hold |
2016-04-26 | Boost Price Target | Dougherty & Co | Buy | $37.00 to $38.00 |
2016-04-26 | Boost Price Target | Telsey Advisory Group | Market Perform | $32.00 to $33.00 |
2016-04-20 | Boost Price Target | Telsey Advisory Group | Market Perform | $30.00 to $32.00 |
2016-01-27 | Boost Price Target | Dougherty & Co | Buy | $35.00 to $37.00 |
2016-01-27 | Upgrade | Gabelli | Hold to Buy | $34.00 |
There is presents forecasts of rating agencies and recommendations for investors about this ticker
In ETH 160 funds of 2213 total. Show all
Fund name | Ticker shares |
---|---|
BlackRock Inc. | 4.43M |
BlackRock Fund Advisors | 2.21M |
DIMENSIONAL FUND ADVISORS LP | 1.90M |
Vanguard Group, Inc | 1.54M |
STATE STREET CORP | 0.95M |
LSV ASSET MANAGEMENT | 0.93M |
BlackRock Institutional Trust Company, N.A. | 0.79M |
SCHWAB CHARLES INVESTMENT MANAGEMENT INC | 0.72M |
UBS Group AG | 0.50M |
GEODE CAPITAL MANAGEMENT, LLC | 0.45M |
VICTORY CAPITAL MANAGEMENT INC | 0.45M |
FIRST TRUST ADVISORS LP | 0.44M |
Invesco Ltd. | 0.44M |
NORTHERN TRUST CORP | 0.43M |
AMERIPRISE FINANCIAL INC | 0.40M |
Name Relationship | Total Shares | Holding stocks |
---|---|---|
KATHWARI M FAROOQ Chairman, President & CEO | 6.86% (1983493) | ETH / |
Carlson James B. | 0.06% (16084) | ETH / |
WHITELY COREY Executive VP Operations | 0.04% (12574) | ETH / |
DOONER JOHN J JR | 0.04% (11100) | ETH / |
WILSON DON M III | 0.04% (11000) | ETH / |
Paccione Tracy VP, Merchandising | 0.03% (10000) | ETH / |
Grow Daniel M. VP, Business Development | 0.02% (6000) | ETH / |
Koster Eric D. VP, General Counsel & Secy. | 0.02% (5000) | ETH / |
Esposito Domenick J. | 0.01% (3680) | ETH / |
THORN CLIFFORD VP Upholstery Manufacturing | 0.01% (3655) | ETH / |
Stacom Tara I. | 0.01% (3300) | ETH / |
CLARK CLINTON A | 0.01% (2757) | ETH / |
STOUT CRAIG VP, Prd. Dev. Case Goods & Uph | 0.01% (2023) | ETH / |
Callen David R VP Finance & Treasurer | 0.01% (2000) | ETH / SCSS / |
GARRETT DONALD F VP Case Goods Manufacturing | 0.01% (1500) | ETH / |