NYSE:ETDConsumer Durables
Ethan Allen (ETD) Margin Drop Reinforces Investor Concerns Despite Fair Value Signal
Ethan Allen Interiors (ETD) posted a net profit margin of 7.8%, down from 10% last year. Its latest filing reveals a reversal in annual earnings growth and shows an average gain of 5% per year over the last five years. Near-term forecasts suggest earnings are expected to decline by 2.4% per year, while revenue is set to grow at a modest 2% annually, trailing well behind the broader US market's 10.3% pace. With a high quality of earnings and shares currently trading below an estimated fair...