Ethan Allen Interiors Inc Chairman and CEO, Farooq Kathwari, will be making a presentation at the Goldman Sachs Global Retailing Conference on September 6th at 8:45 a.m. eastern time. The live webcast can be accessed.
In anticipation of being asked about business trends, Mr. Kathwari commented, “As previously indicated, our retail written sales on a comparable store basis were up modestly in June and July."
"This positive trend has continued in August. However, we remain cautiously aware of the fact that consumer confidence can be impacted by several factors that are beyond our control.”
Mr. Kathwari continued: “We continue to believe that the strong operating performance that we have been able to sustain during what have been very challenging times for our industry are the direct result of several initiatives that we've put in place that are focused on providing solutions and service."
"These initiatives have included the continued repositioning of our retail network; investments in recruiting and training to increase the professionalism of our retail management team; the development of stylish, high-quality products at good value; stronger advertising and marketing programs; and faster delivery of our products to our customers."
"We believe that our focus on providing service and solutions provides a distinct competitive advantage and an opportunity to grow our business.”
Ethan Allen Interiors Inc is a leading manufacturer and retailer of quality home furnishings.
Ethan Allen Interiors Inc
marketing@alchempro.com
