DANBURY, CT – Ethan Allen Interiors Inc. reported sales of $258.5 million for its fourth quarter ended June 30, a 5.2% decline from the same period a year ago. For the 12 months ended June 30, 2007, net delivered sales totaled $1.005 billion as compared to $1.066 billion in the prior year.
Faroq Kathwari, chairman and CEO of Ethan Allen, said, “We believe the sustained performance of the company during this difficult time in our industry is a direct result of several initiatives undertaken in recent years, including the continued repositioning of our retail network; investments in recruiting and training efforts to increase the professionalism of our retail management team; the development of stylish, high-quality products at good value; improved advertising and marketing programs; and faster delivery of our products to our customers.”
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