Ethan Allen Comments on Sales for the Year Ended June 30, 2006
July 11 2006 - 1:24PM
Business Wire
In anticipation of being asked to comment on current business
trends, Farooq Kathwari, Chairman and CEO of Ethan Allen Interiors
Inc. ("Ethan Allen" or the "Company") said, "We are pleased to
report that delivered sales for the year ended June 30, 2006
totaled $1.066 billion. Annual sales exceeding $1 billion
represents a milestone for the Company. As stated previously, we
remain comfortable with the analysts' current range of earnings
estimates for both the quarter and fiscal year ended June 30,
2006." Ethan Allen will release earnings for the quarter and fiscal
year ended June 30, 2006 before the market opens on July 27, 2006.
The live web cast and replay of the 11:00am Eastern Time conference
call will be available at http://www.ethanallen.com/investors.
Ethan Allen Interiors Inc. (NYSE: ETH) is a leading manufacturer
and retailer of quality home furnishings. The Company sells a full
range of furniture products and decorative accessories through an
exclusive network of 306 interior design centers in the United
States and abroad, of which 139 are Company-owned. Ethan Allen has
11 manufacturing facilities, which include 2 sawmills, located in
the United States. This press release should be read in conjunction
with the Company's Annual Report on Form 10-K for the year ended
June 30, 2005 and other reports filed with the Securities and
Exchange Commission. Management's discussion in this release
contains forward-looking statements relating to future results of
the Company. These forward-looking statements are subject to
various assumptions, risk and uncertainties, and accordingly,
actual results could differ materially from those contemplated by
the forward-looking statements.
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