Ethan Allen reports Q1 EPS 63c, consensus 72c

Reports Q1 revenue $163.9M, consensus $168.2M.”For our first quarter ended September 30, we delivered consolidated net sales of $163.9M which was negatively impacted by approximately $15M tained damage from heavy flooding, which resulted in a pre-tax charge of $2.1M, net of insurance and grant proceeds. We resumed limited operations during the second half of the quarter, and at this time, the majority of our associates are back at work. Although we continue to work through the cleanup and repair, as our work is ongoing, we are pleased to say that we remain open for business in Vermont and are actively working on the production of our customer orders.”