DANBURY, CT -- Ethan Allen Interiors Inc. (NYSE:ETH) reported net sales for the first quarter quarter ended September 30, 2010 of $164.8 million, up 21.0% from the prior year quarter.
The company's retail division delivered net sales of $121.0 million, an increase of 17.3% from the prior year quarter.
Farooq Kathwari, chairman, president and CEO, said, "We are pleased with the growth of sales and profitability. The 'Great Recession' has provided an opportunity to make substantial improvements in most aspects of our vertically integrated enterprise."
Read Ethan Allen's press release.
Have something to say? Share your thoughts with us in the comments below.