Published: March 02, 2010
Ethan Allen Comments on Business
DANBURY, Conn. - (BUSINESS WIRE) - Ethan Allen Chairman and CEO, Farooq Kathwari, will present at the
Raymond James Annual Institutional Investor Conference in Orlando,
Florida on March 9, 2010. This presentation will be webcast and can be
accessed via the Company website at ethanallen.com.
In anticipation of questions about current business trends, Ethan Allen
announced today that written sales (orders) for the two months ended
February 28, 2010, have increased approximately 25% over prior year.
Farooq Kathwari, Chairman and CEO commented, "We are pleased that our
marketing programs that focus on projecting our value proposition of
style, quality, and design services together with significant savings
are driving traffic to our design centers. This increase in traffic is
resulting in higher written orders than we have seen in some time. It is
important to keep in mind that for the most part, orders taken in this
period will be delivered and reported as sales in our fourth fiscal
quarter ending June 30, 2010."
Mr. Kathwari continued, "As we discussed during the last quarterly
analyst call, improvements in written orders is the first step toward
improved delivered sales and profitability. We continue to work through
the challenges of consolidating our manufacturing operations while
converting our wooden product offerings to custom and more recently the
significant ramping up of domestic production capacity."
Mr. Kathwari added, "We are very pleased with the recent significant
increase in written sales, however macro economic conditions continue to
be challenging. While optimistic about the potential financial results
for our fourth fiscal quarter ending June 30, 2010, we remain cautious
given the many operational challenges being managed."
About Ethan Allen
Ethan Allen Interiors Inc. is a leading interior design company and
manufacturer and retailer of quality home furnishings. The Company
offers free interior design service to its clients and sells a full
range of furniture products and decorative accessories through
ethanallen.com and a network of approximately 284 Design Centers in the
United States and abroad. Ethan Allen owns and operates six
manufacturing facilities in the United States, which includes one
sawmill, and one manufacturing facility in Mexico, and manufactures
approximately sixty-five percent of its products in its United States
plants. For more information on Ethan Allen's products and services,
visit ethanallen.com.

Ethan Allen Interiors Inc.
Investor / Media:
David R. Callen,
203-743-8305
Vice President Finance & Treasurer
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