Ethan Allen Interiors Sees Momentum with #1 Retailer Status and New Store Openings
December 6, 2023
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With a rich heritage in design and craftsmanship, the company has grown to become the number one furniture retailer in the United States. Over the years, Ethan Allen Interiors ($NYSE:ETD) has continued to thrive, providing customers with stylish, high-quality home furnishings. The company is seeing a surge of momentum due to its #1 retailer status and recent openings of new stores. This growth not only expands the reach of Ethan Allen’s products across the country, but it also helps to strengthen the company’s brand identity and create more job opportunities.
With these new openings, Ethan Allen is primed to experience greater success in the years to come. With its wide selection of stylish, high-quality furniture and accessories, Ethan Allen is poised to be the go-to source for customers looking for luxurious yet affordable home furnishings.
Price History
In addition, the company has been expanding its reach by opening new stores globally. This has been reflected in its share price; on Monday, ETHAN ALLEN INTERIORS stock opened at $27.6 and closed at $28.0, up by 1.9% from prior closing price of 27.5. This momentum is expected to continue in the coming quarters, as the company is well positioned to benefit from its strong brand image and loyal customer base. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for ETD. More…
| Total Revenues | Net Income | Net Margin |
| 740.74 | 90.87 | 12.2% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for ETD. More…
| Operations | Investing | Financing |
| 78.94 | -66.01 | -49.66 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for ETD. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 739.56 | 277.01 | 18.22 |
Key Ratios Snapshot
Some of the financial key ratios for ETD are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 9.3% | 92.8% | 16.4% |
| FCF Margin | ROE | ROA |
| 8.7% | 16.2% | 10.3% |
Analysis
GoodWhale has conducted an analysis of ETHAN ALLEN INTERIORS’ wellbeing and found that it has a high health score of 10/10 with regards to its cashflows and debt, indicating that it is capable of paying off debt and funding future operations. Further assessment through our Star Chart indicated that ETHAN ALLEN INTERIORS is strong in asset, dividend and profitability, but weak in growth. After considering these factors, we classified ETHAN ALLEN INTERIORS as a ‘rhino’, a type of company we conclude has achieved moderate revenue or earnings growth. It is likely that long-term, value-oriented investors may be interested in such a company as there is potential for returns through the strong asset, dividend and profitability of ETHAN ALLEN INTERIORS. However, investors would need to consider the risk associated with its weak growth and ability to meet its financial obligations in the future. More…
Peers
The company offers a wide range of furniture products, including bedroom, dining room, and living room furniture, as well as office, outdoor, and home accents. Ethan Allen Interiors Inc operates through a network of company-owned stores and licensed dealers. Traeger Inc, Whirlpool Corp, and Tempur Sealy International Inc are all major competitors of Ethan Allen Interiors Inc.
– Traeger Inc ($NYSE:COOK)
Traeger Inc has a market cap of 438.66M as of 2022, a Return on Equity of -26.37%. The company manufactures and sells wood pellet grills and related products.
– Whirlpool Corp ($NYSE:WHR)
Whirlpool Corporation is an American multinational manufacturing and marketing company of home appliances, headquartered in Benton Harbor, Michigan. The company has annual revenue of approximately $21 billion, 92,000 employees, and more than 70 manufacturing and technology research centers around the world.
– Tempur Sealy International Inc ($NYSE:TPX)
Tempur Sealy International Inc is a leading manufacturer, marketer and distributor of bedding products. The company’s products include mattresses, pillows, cushions, and other sleep-related accessories. Tempur Sealy International Inc has a market cap of 5.09B as of 2022, a Return on Equity of -287.04%. The company’s products are sold through a network of retailers, including department stores, mass merchandisers, specialty bedding retailers, and its own direct-to-consumer website. Tempur Sealy International Inc is headquartered in Lexington, Kentucky.
Summary
Ethan Allen Interiors, Inc. is a leading home furnishings retailer and interior design company. The company has seen strong momentum in recent years with increased sales and higher profitability. Ethan Allen has positioned itself as the #1 furniture retailer in the United States, and continues to expand with new stores opening throughout the country.
The company’s stock price has increased over the past year, signaling investor confidence in the company’s performance. Looking ahead, analysts believe that the company will continue to benefit from its focus on quality furniture and interior design services, making it a good long-term investment option.
