Ethan Allen Shares Slide 9.5% After Profit and Revenue Fall

Ethan Allen Interiors shares dropped 9.5% to $18.41 in after-hours trading Monday after the company reported lower fiscal first-quarter profit and revenue. The stock had closed up 1.4% at $20.34, but remained down 11% for the year.

November 10, 2026, 02:56 AM 649 0

Ethan Allen Shares Slide 9.5% After Profit and Revenue Fall

The interior design company earned $1.7 million, or 7 cents a share, in the quarter, compared with $10.5 million, or 41 cents a share, a year earlier. Adjusted earnings, excluding certain one-time items, were 10 cents a share.

Revenue fell to $129.6 million from $147 million a year earlier.

Last week, Ethan Allen said shareholders had voted to give activist investor Doug Bergeron control over the company's board. The company is searching for a successor to Chief Executive Farooq Kathwari.

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