Ethan Allen retail division sales rise just 0.5% in Q3FY13

Mr. Kathwari concluded, “Our focus continues to be on increasing sales. We have major marketing initiatives underway. We are also focused on improving our cash position. We ended the current quarter with a healthy $117.3 million in cash and securities, up $17.5 million versus the prior year, after distributing an $11.8 million special dividend in December 2012 and effectively managing our inventories.

"We remain cautiously optimistic about our performance in our fourth fiscal quarter and next fiscal year due to the many strong programs already in place and others we will introduce in the coming months.”

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 300 Design Centers in the United States and abroad.

Ethan Allen owns and operates eight manufacturing facilities including five manufacturing plants and one sawmill in the United States plus two plants in Mexico and Honduras. Approximately seventy percent of its products are made in its North American plants.

Ethan Allen