ETHAN ALLEN INTERIORS INC (ETD) Ethan Allen Interiors Inc. (ETD) operates as a comprehensive home furnishings enterprise, encompassing interior design services, manufacturing, and retail sales. Its operations span across North America, including the United States, Mexico, Honduras, and Canada. The company is structured into two principal business segments: Wholesale and Retail. Its extensive product portfolio caters to various home furnishing needs, including 'case goods' like beds, dressers, tables, and entertainment units; a wide array of 'upholstery' such as sofas, recliners, and custom fabric items; and 'home accent' pieces ranging from window treatments and lighting to wall decor, area rugs, and garden furnishings. Marketed under the established Ethan Allen brand, these products are distributed through the company's own retail network, independent dealers, and its dedicated e-commerce platform, ethanallen.com. As of June 30, 2021, Ethan Allen maintained a substantial physical presence with approximately 302 design centers. Founded in 1932, the company's corporate headquarters are situated in Danbury, Connecticut.
Sector: Wood Household Furniture, (No Upholstered)
Industry: Furnishings, Fixtures & Appliances
Ethan Allen Interiors Inc. NYSE:ETD Consumer Cyclical · Furnishings, Fixtures & Appliances
Mkt Cap $515.43M
Div Yield 23.52%
AH Close $20.45 +0.00% vs close
AH Close $20.45 +0.00% vs close
Mkt Cap $515.43M
Div Yield 23.52%
All Press Release SEC Filings News
Press Release ⚠ 2
Independent Proxy Advisory Firm Egan-Jones Recommends Ethan Allen Shareholders Vote the White Proxy Card “For” All Five of Doug Bergeron’s Director Nominees
Egan-Jones has recommended Ethan Allen shareholders vote the WHITE proxy card FOR all five of Doug Bergeron's director nominees and WITHHOLD from all five incumbents, including Chairman and CEO M. Farooq Kathwari, ahead of the November 4, 2026 annual meeting.
Bergeron, who with affiliates owns about 5.2% of ETD, is running a proxy contest citing years of declining revenue and earnings and what Egan-Jones called a board that has 'managed the business for cash rather than for growth.'
The endorsement raises the odds of board turnover and leadership change at Ethan Allen, creating near-term uncertainty but potentially a catalyst for strategic refresh; the outcome hinges on the shareholder vote.
• 5d ago AI analysis › Press Release ⚠ 3
Doug Bergeron Comments on Ethan Allen’s Decision to Report First Quarter Results After 2026 Annual Meeting
Activist shareholder Doug Bergeron, who with affiliates owns roughly 5.2% of Ethan Allen, criticized the company's decision to schedule its fiscal Q1 2027 earnings release for November 9, 2026 — five days after the November 4 annual meeting.
Bergeron notes the company has reported Q1 results before its annual meeting for more than 20 years, including during a 2015 proxy contest, and calls the change a deliberate attempt to manipulate the information available to shareholders before they vote on directors.
Bergeron is running a slate of five director candidates via a white universal proxy card, and frames the election as a referendum on two decades of deteriorating performance and poor board governance.
• 6d ago AI analysis › Press Release ⚠ 3
Ethan Allen Highlights Case for Its Five Highly Qualified Director Nominees in Shareholder Mailer
Ethan Allen mailed shareholders a defense of its five director nominees ahead of the November 4 vote, urging them to vote on the BLUE proxy card against DGB's full-board slate.
The company argues DGB's plan lacks substantiated financial assumptions, and notes it remains debt-free with a vertically integrated platform, 500+ interior designers, and about 75% of furniture made in its own North American plants.
The Board says its CEO search with a nationally recognized firm is underway, committing to announce the next CEO no later than June 30, 2027, and warns that replacing the board mid-transition adds execution risk.
• 6d ago AI analysis › Press Release
Ethan Allen Announces Release Date for its Fiscal 2027 First Quarter Results
Ethan Allen will release fiscal 2027 first quarter results after market close on Monday, November 9, 2026.
The company will host a conference call at 5:00 p.m. Eastern Time that day, webcast live from its investor relations website, with a telephone replay available for one month.
• 6d ago AI analysis › Press Release ⚠ 5
“Where Are the Numbers?” Doug Bergeron Calls on Ethan Allen to Release First Quarter Results Before November 4 Board Vote
Activist Doug Bergeron, holding roughly 5.2% of Ethan Allen, publicly demanded the company announce and release its fiscal Q1 2027 results before the November 4, 2026 annual meeting, noting the company had not set an earnings date by October 18 for the first time in a decade.
The release attacks the board's record, citing a 7.8% FY2026 operating margin versus 17.3% in FY2023, a 31% ten-year share-price decline, and a dividend that consumed 97% of adjusted EPS in FY2026 with the $76 million special dividend exceeding free cash flow.
Bergeron also challenges the board's role in CEO succession after 38 years under M. Kathwari and is soliciting votes for his five director nominees via a white universal proxy card, ahead of the November 4 vote.
• 7d ago AI analysis › Press Release ⚠ 3
Ethan Allen Files Investor Presentation Highlighting Focused Growth Plan, Fundamental Flaws in DGB’s Operating and Financial Assumptions
Ethan Allen filed an investor presentation with the SEC ahead of its 2026 Annual Meeting, urging shareholders to vote FOR its five director nominees on the BLUE proxy card.
The company attacks activist DGB's financial projections, arguing they rely on unsubstantiated customer-acquisition, store-productivity, pricing and working-capital assumptions that ignore its vertically integrated model.
Ethan Allen highlights a debt-free balance sheet and measurable improvement in key selling indicators, and says its nominees are best positioned to oversee the CEO succession.
The release is a proxy-fight salvo, not a financial disclosure; the annual-meeting vote is the catalyst to watch.
• 10d ago AI analysis › Press Release ⚠ 2
The Right Nominees and Plan to Renew an American Icon: Doug Bergeron Sends Letter to Ethan Allen Shareholders
Doug Bergeron, holding roughly 5.2% of Ethan Allen Interiors (NYSE: ETD) with affiliates, sent a public letter urging shareholders to vote the WHITE universal proxy card for his five director nominees at the 2026 annual meeting.
The letter attacks the incumbent board's record, citing two decades of declining revenue, profitability, and shareholder value, an aging customer base, and a dividend 'under threat of extinction.'
Bergeron's slate pledges to restore profitable growth while maintaining the regular dividend; the campaign has filed a definitive proxy statement with the SEC via Okapi Partners.
• 10d ago AI analysis › Press Release ⚠ 3
Doug Bergeron Releases Investor Presentation Highlighting Urgent Need for Change and Clear Plan to Revitalize Growth at Ethan Allen
Doug Bergeron, holding roughly 5.2% of Ethan Allen, released an investor presentation urging shareholders to vote the WHITE universal proxy card for his five director nominees at the 2026 Annual Meeting.
The presentation argues the company has contracted across revenue, earnings, and market cap since fiscal 2006 under a board that repeatedly extended Farooq Kathwari's 38-year tenure, citing over $55 million in compensation and special-dividend value to Kathwari and related entities since 2015.
The plan calls for an interim CEO within a first-100-days framework, brand and digital revitalization, and protection of the regular dividend, while offering Kathwari a non-voting Chairman Emeritus role during transition.
• 12d ago AI analysis › Press Release ⚠ 3
Ethan Allen Mails Letter to Shareholders Detailing its Highly Qualified Nominees and Executable Growth Plan
Ethan Allen's Board mailed a shareholder letter urging votes FOR its five nominees (Kathwari, Sable, Stacom, Casar, Tsai) on the BLUE proxy card ahead of the November 4, 2026 annual meeting.
The letter attacks activist DGB's plan to triple shareholder value, arguing DGB has disclosed no operating plan or capital allocation strategy, and flags adverse records at Grove, Cable One, Wayfair and VeriFone tied to DGB nominees.
Ethan Allen cites FY2026 operating cash flow of $52.5 million, $187.5 million of cash with no debt, and gross margins above 59% for five straight years, while an independent CEO search is underway with a successor to be named by June 30, 2027.
The core argument is that changing the board during an active CEO transition transfers oversight of the business and the succession process to newcomers, creating execution risk.
• 13d ago AI analysis › Press Release
Ethan Allen Earns 9th Consecutive Great Place to Work® Mexico Certification
Ethan Allen's upholstery operations in Silao, Guanajuato, Mexico, earned Great Place to Work Mexico certification for the ninth consecutive year.
CEO Farooq Kathwari highlighted the Silao workshops as an important piece of the company's vertically integrated business, citing exceptional craftsmanship and a collaborative culture.
The release is a routine workplace-recognition announcement with no financial impact; Ethan Allen also notes it manufactures about 75% of its custom-crafted products in North America.
• 16d ago AI analysis › Press Release ⚠ 3
Doug Bergeron Launches Video Series Featuring Five Director Nominees and Their Plan to Restore Growth at Ethan Allen
Doug Bergeron, an approximately 5.2% shareholder of Ethan Allen Interiors (NYSE: ETD), released a video series introducing five director nominees for the company's November 4, 2026 annual meeting.
The nominees — Bergeron, Anna Brockway, Kristine Miller, Steve Oblak, and Stefanie Tsen Ward — argue the company has suffered decades of revenue and earnings decline, failed to modernize its brand and digital capabilities, and needs change after 38 years under the same CEO.
DGB has filed a definitive proxy statement with the SEC and urges shareholders to vote the WHITE universal proxy card for all five nominees; the campaign is a genuine governance threat that puts pressure on incumbent leadership.
• 24d ago AI analysis › Press Release
Ethan Allen Returns to South Florida with State-Of-The-Art Design Center in Aventura
Ethan Allen opened a new Design Center in Aventura, Florida, marking its return to the South Florida market.
The location offers interior design services, furniture galleries, and digital design technology, serving clients across the Miami metro area including North Miami Beach, Sunny Isles Beach, Golden Beach, and Hallandale Beach.
The company manufactures about 75% of its custom products in North American facilities and delivers via its Premier In-Home Delivery service.
• 26d ago AI analysis › Press Release ⚠ 5
Ethan Allen Files Definitive Proxy Statement and Mails Letter to Shareholders
Ethan Allen Interiors (NYSE: ETD) filed its definitive proxy statement ahead of a November 4, 2026 annual meeting, urging shareholders to vote FOR its five director nominees on the BLUE card amid a proxy contest.
DGB Investment, a 5.2% shareholder, is seeking to replace the entire Board and the CEO, which the company argues would introduce execution risk given DGB lacks a detailed operating plan and is running a parallel CEO search.
The Board defended its record — 49.1% five-year TSR versus a peer median of -42.7%, $768 million in dividends since IPO, gross margin above 59% for five straight years, and a debt-free balance sheet — and committed to naming the next CEO by June 30, 2027, when longtime chief Farooq Kathwari's contract ends.
Note: the input ticker AEO belongs to American Eagle Outfitters, which is only mentioned via director nominee David Sable's board seat; the release's subject is Ethan Allen (ETD).
• 1mo ago AI analysis › Press Release ⚠ 3
Doug Bergeron Files Definitive Proxy Statement for Ethan Allen’s 2026 Annual Meeting and Sends Letter to Shareholders
Doug Bergeron, holder of roughly 5.2% of Ethan Allen Interiors (NYSE: ETD) together with affiliates, has filed a definitive proxy statement nominating five candidates for election to the board at the company's 2026 annual meeting.
In a letter to shareholders, Bergeron attributed two decades of contraction to leadership and execution failures by the current board and management, and outlined a plan to restore growth and shareholder value under what he calls a new and improved board.
The campaign urges stockholders to vote the WHITE universal proxy card for all five nominees, with Okapi Partners serving as proxy solicitor, teeing up a contested election at the annual meeting.
• 1mo ago AI analysis › Press Release ⚠ 4
Doug Bergeron Comments on Ethan Allen’s Reactionary “Succession Plan”
Doug Bergeron, whose DGB Investment group beneficially owns 5.2% of Ethan Allen, called the company's September 21 CEO succession announcement 'too little, too late' and an 'abject failure of governance.'
Bergeron's alternative director slate launched an independent CEO search on September 10, and he argues the incumbent Board, which he describes as loyalists to Chairman and CEO Farooq Kathwari, is unqualified to select the next CEO.
Under the Board's own timeline, Kathwari could remain Chairman and CEO through June 30, 2027, while Bergeron points to the company's disappointing fiscal 2026 fourth-quarter and full-year results as evidence against further patience.
DGB has filed a definitive proxy statement with a WHITE universal proxy card for the 2026 annual meeting, with solicitation support from Okapi Partners and campaign materials at EthanAllenGrowth.com.
• 1mo ago AI analysis › Press Release ● Major ⚠ 4
Ethan Allen Board Announces Ongoing CEO Succession Process to Drive Next Phase of Value Creation
Ethan Allen's Board is running a formal CEO succession process, with a nationally recognized executive search firm evaluating internal and external candidates and a commitment to publicly name the next CEO no later than June 30, 2027.
Farooq Kathwari, who has led the company for roughly four decades and remains its largest shareholder, will continue as CEO through the search and then serve as a non-executive director until stepping down at the 2027 annual meeting.
The release carries proxy-solicitation boilerplate referencing a BLUE proxy card for the 2026 annual meeting, language typically associated with a contested election, suggesting the succession process may be unfolding under shareholder pressure.
• 1mo ago AI analysis › Press Release ⚠ 3
Doug Bergeron Launches Search for New CEO of Ethan Allen
Activist investor Doug Bergeron, who with affiliates holds 5.2% of Ethan Allen Interiors (NYSE: ETD), has launched an independent search for a new CEO ahead of the 2026 annual meeting, selecting a leading global executive search firm and criticizing the board's failure to address succession.
Board nominee Kristine Miller, formerly Chief Strategy Officer of eBay (NASDAQ: EBAY) and a 24-year Bain & Company veteran, will lead the search with fellow nominees Anna Brockway, Steve Oblak and Stefanie Tsen Ward.
Bergeron's vehicle DGB Investment has filed a preliminary proxy statement with the SEC for a director slate challenging 38-year Chairman, President and CEO Farooq Kathwari; the group reports substantial unsolicited inbound CEO candidate interest, though any appointment requires board approval contingent on the election outcome.
Data note: this release concerns Ethan Allen, not the input ticker EBAY — eBay appears only in a nominee's biography and there is no direct impact on the filer.
• 1mo ago AI analysis › Press Release ● Major ⚠ 4
Doug Bergeron Files Preliminary Proxy Statement for Ethan Allen’s 2026 Annual Meeting
Doug Bergeron, holding 5.2% of Ethan Allen collectively with his affiliates, filed a preliminary proxy statement with the SEC nominating five director candidates for election at the company's 2026 annual meeting.
The campaign directly targets Chairman, President and CEO Farooq Kathwari, citing revenue cut nearly in half since 2006, lost market share, governance failures, and special dividends that allegedly deplete excess cash instead of funding digital and omnichannel investment.
Bergeron's slate consists of himself, Anna Brockway, Kristine Miller, Steve Oblak and Stefanie Tsen Ward; his vehicles (DGB Investment and two trusts) beneficially own 1,275,000 shares in aggregate, plus 25,000 shares held by participant Jennifer Harrison.
The filing sets up a contested proxy fight for board control, with potential pressure on Kathwari's combined chairman-CEO role and the company's capital allocation policy heading into the annual meeting.
• 1mo ago AI analysis › SEC Filing ⚠ 8
ETD: 10-K · periodic report
Ethan Allen Interiors filed its fiscal 2026 annual report showing consolidated net sales of $579.5 million, down 5.7% year over year, with net income falling 22.7% to $39.9 million and diluted EPS of $1.56 versus $2.01 a year ago.
The decline was driven by a 56.0% drop in contract sales following the change in presidential administration and the U.S. government shutdown that began in October 2025, an estimated $15.0 million annual tariff exposure, and soft demand, though gross margin improved 70 basis points to 61.2% and the company recovered $5.0 million of previously paid IEEPA tariffs.
The balance sheet remains a bright spot: the company is debt-free with $187.5 million in total cash and investments, $308.7 million of total available liquidity, and generated $52.5 million in operating cash flow while returning $46.3 million in dividends and repurchasing $4.8 million of stock.
Forward indicators point to continued near-term pressure, with wholesale written orders down 11.2%, retail written orders down 6.1%, and wholesale backlog of $44.3 million down 9.3%, although fourth-quarter contract orders improved 14.8% year over year.
SEC 10-K • 1mo ago AI analysis › SEC Filing ● Major ⚠ 3
ETD: SCHEDULE 13D/A · ownership disclosure
DGB Investment, Inc., the activist vehicle of Douglas Bergeron, amended its Schedule 13D on Ethan Allen Interiors to disclose the exercise of November 20, 2026 call options for 275,000 shares on August 25, 2026 at prices of $20.7561 and $20.1526, while group member Jennifer M. Harrison separately bought 25,000 shares in the open market at a volume weighted average price of $23.6961.
Alongside the trades, the group filed an Amended and Restated Group Agreement dated August 27, 2026 that adds Jennifer Harrison and four board nominees — Anna Brockway, Kristine Miller, Stephen Oblak and Stefanie Tsen Ward — and restates its purpose as seeking representation on the Ethan Allen board at the 2026 annual meeting and soliciting proxies for the election of its nominees.
The agreement gives DGB Investment pre-approval rights over group expenses and public communications and requires the nominees to pre-clear their own trades in Ethan Allen stock, with activist counsel Olshan Frome Wolosky representing the group. The filing formalizes an escalation toward a proxy contest that puts direct pressure on Ethan Allen's incumbent board ahead of the 2026 annual meeting.
SEC SCHEDULE 13D/A • 1mo ago AI analysis › Press Release ⚠ 4
Doug Bergeron Comments on Latest Self-Serving Tactics by Ethan Allen Board
Activist investor Doug Bergeron, who owns 5.0% of Ethan Allen, criticized the company's new $3.00 per share special dividend as a desperate maneuver to distract shareholders from governance failures ahead of a contested election.
Bergeron highlighted a 20-year track record of declining revenue and enterprise value, arguing the dividend reflects poor capital allocation rather than disciplined strategy.
The statement also attacked the lack of a succession plan for 38-year CEO Farooq Kathwari and the recent reduction of the board's size to five directors.
• 2mo ago AI analysis › Press Release
Ethan Allen Declares Special Cash Dividend; Reaffirms Strong Financial Position and Commitment to Sustainable Shareholder Value
Ethan Allen declared a special cash dividend of $3.00 per share, totaling approximately $76 million, payable on September 17, 2026 to shareholders of record on September 3.
The company highlighted its debt-free balance sheet and fiscal 2026 performance, which included generating $52 million in operating cash flow and maintaining a gross margin of 61.2%.
Management emphasized disciplined capital allocation, noting the repurchase of 250,000 shares in the fourth quarter and a history of returning over $402 million to shareholders through dividends over the past decade.
• 2mo ago AI analysis › Press Release ● Major ⚠ 1
Ethan Allen Confirms Receipt of Director Nominations from Doug Bergeron
Ethan Allen confirmed receiving notice from shareholder Doug Bergeron regarding his nomination of six individuals to stand for election to the Board of Directors at the upcoming 2026 Annual Meeting.
The Company's Corporate Governance, Nominations and Sustainability Committee will review the proposed nominees, with the Board's recommendations to be included in the definitive proxy statement.
This filing signals the start of a potential proxy contest, as the nomination of a slate of six directors suggests an effort by the investor to materially influence or change the composition of the Board.
• 2mo ago AI analysis › Press Release ● Major ⚠ 4
Doug Bergeron Launches Campaign to Revitalize Growth at Ethan Allen and Nominates Alternative Slate of Director Candidates
Activist investor Doug Bergeron, owner of 5.0% of Ethan Allen, launched a proxy contest to nominate a slate of six directors to replace the current board.
Bergeron criticized the 38-year tenure of Chairman and CEO Farooq Kathwari, citing a 46% revenue decline since 2006, a compressed EV/EBITDA multiple of ~6x, and a failure to modernize digital capabilities despite a debt-free balance sheet with $187.5 million in cash.
The proposed slate includes retail veterans from Wayfair, eBay, and Neiman Marcus, targeting a strategic reset to improve execution and implement long-overdue succession planning.
• 2mo ago AI analysis › Press Release ● Major ⚠ 3
Ethan Allen Reports Fiscal 2026 Full Year and Fourth Quarter Results; Strong Margins and Robust Balance Sheet Despite Macroeconomic Challenges; Declares Special and Regular Cash Dividend
Ethan Allen reported Q4 net sales of $146.8 million, down 8.5% year-over-year, with wholesale and retail written orders declining 11.9% and 10.8% respectively due to macroeconomic uncertainty and prior-year comparisons.
Despite the top-line contraction, adjusted gross margin improved to 59.7% and the balance sheet remained debt-free with $187.5 million in cash and investments, driving the declaration of a $0.25 special dividend and a $0.39 regular dividend.
Full fiscal 2026 results showed adjusted diluted EPS of $1.61 on sales of $579.5 million, while operating cash flow for the year totaled $52.5 million.
• 2mo ago AI analysis › Press Release
Ethan Allen Announces Release Date for its Fiscal 2026 Fourth Quarter and Full Year Results
Ethan Allen Interiors Inc. plans to release its fiscal 2026 fourth quarter and full year results after the market closes on Wednesday, July 29, 2026.
A conference call to discuss these results is scheduled for 5:00 p.m. Eastern Time on the same day, accessible via webcast or telephone.
Matt McNulty, Senior Vice President, CFO, and Treasurer, is listed as the Investor Relations contact for the event.
• 3mo ago AI analysis › Press Release
Iconic American Brand Celebrates Its 94-Year History on Ethan Allen Day
Ethan Allen will celebrate its annual Ethan Allen Day on June 23, incorporating themes of America's 250th anniversary.
The company highlighted that it operates over 170 retail Design Centers and manufactures approximately 75% of its furniture in North America.
As part of the celebration, participating Design Centers will hold food drives for local charities from June 23 through July 31.
• 4mo ago AI analysis › News
Where Did the Rows of Couches Go? Ethan Allen Tests the Limits of Showroom Downsizing.
wsj.com • 5mo ago News
Ethan Allen Interiors: Interior Is Robust, But External Factors Hinder Its Upside
seekingalpha.com • 5mo ago News
Ethan Allen Interiors Inc. (ETD) Q3 2026 Earnings Call Transcript
seekingalpha.com • 5mo ago News
Ethan Allen (ETD) Q3 Earnings and Revenues Top Estimates
zacks.com • 5mo ago Press Release
Ethan Allen Reports Fiscal 2026 Third Quarter Results; Strong Operating Cash Flow and Robust Balance Sheet Despite Impact from Macroeconomic Challenges; Declares Regular Dividend
Ethan Allen reported fiscal Q3 net sales of $135.8 million, down 4.8% year-over-year, with adjusted diluted EPS of $0.24, down from $0.38 in the prior year.
Despite the sales decline, operating cash flow increased to $15.1 million from $10.2 million a year ago, and the company remains debt-free with $180.9 million in total cash and investments.
The Board of Directors declared a regular quarterly cash dividend of $0.39 per share, payable on May 27, 2026.
• 5mo ago AI analysis › Press Release ● Major
Ethan Allen Announces Release Date for its Fiscal 2026 Third Quarter Results
globenewswire.com • 6mo ago Recent SEC filings with analysis 
