DANBURY, Conn.--(BUSINESS WIRE)--Oct. 17, 2012--
Post# of 37
Ethan Allen Interiors Inc. (“Ethan Allen”, the “Company”, “We”, or
“Our”) (NYSE:ETH) reported operating results for the three months ended
September 30, 2012.
Farooq Kathwari, Chairman and CEO commented, “We are pleased to see the
benefits of substantially completing the transition of our major
introduction of new products and the operating leverage of our
vertically integrated business. Our gross margins improved to 55.6% from
52.9% and our operating income was $19.6 million, an increase of 43.9%
after adjusting for a $1.6 million loss on the sale of vacant real
...
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