Filing Flows › Ethan Allen Interiors (ETD) › Q3 FY25
Ethan Allen Interiors (ETD) Q3 FY25 earnings results (third quarter fiscal 2025)
10-Q filed May 5, 2025
Ethan Allen Interiors (ETD) reported revenue of $143M for the third quarter fiscal 2025 (Q3 FY25), -3% from a year earlier and -9% from the quarter before. Operating margin was 7.7%, net earnings $9.6M (6.7% of revenue).
Ethan Allen Interiors, Q3 FY25: revenue $143M (-2% year over year), operating margin 7.7%, net earnings $9.6M, operating cash flow $10.2M. The chart follows the revenue to costs, profit and cash.
| Q3 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $143M | -9% | -3% |
| Gross profit | $87.4M | -8% | -3% |
| Operating profit | $11.0M | -39% | -28% |
| Net earnings | $9.6M | -36% | -26% |
| Operating cash flow | $10.2M | -12% | -57% |
| Free cash flow | $8.2M | +5% | -62% |
What changed
Revenue was $142.7M in Q3 FY25, down 3% year over year and down 9% from the previous quarter. Upholstery Furniture was the largest line at 47% of revenue. Case Goods Furniture lost $4.2M year over year (down 9%), 111% of the total change.
Gross margin was 61.2%, down 0.1 points from a year earlier. Operating profit was $11.0M, a 7.7% margin (down 2.8 points year over year). Operating expenses grew 2% against a revenue fall of 3%. Net earnings were $9.6M, down 26% year over year. The effective tax rate was 23.4%.
Operating cash flow was $10.2M (down 57% year over year), 106% of net earnings. Non-cash charges added back $3.8M of depreciation and amortization and $309K of share-based compensation. Working capital and other items used $3.5M. Capital expenditures of $2.0M left free cash flow of $8.2M.
Questions
What was Ethan Allen Interiors' revenue in the third quarter fiscal 2025?
Ethan Allen Interiors (ETD) reported revenue of $143M for the third quarter fiscal 2025 (Q3 FY25), -3% from a year earlier and -9% from the quarter before.
Was Ethan Allen Interiors profitable in the third quarter fiscal 2025?
Operating profit was $11.0M (7.7% of revenue) and net earnings $9.6M.