Bear of the Day: Ethan Allen (ETD)

Ethan Allen Interiors Inc. (ETD) has seen sales plunge as the market conditions in the furniture industry are challenging. This Zacks Rank #5 (Strong Sell) has missed on earnings three quarters in a row. Ethan Allen is a furniture retailer that operates design centers throughout the United States which offer complimentary interior design service. It manufactures 75% of its custom products in North America. Another Earnings Miss in the Fiscal Third Quarter On Apr 24, 2024, Ethan Allen reported its fiscal thi ...