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Ethan Allen remarks on current business in Advance of Investor Conf

12 Sep '05
2 min read

For the quarter ended September 30, 2005, the current range of analyst estimates of between $0.53 and $0.56 per share does not reflect the anticipated $0.07 to $0.09 per share impact associated with the restructuring and impairment charge, which was announced last week, related to the conversion of one of wood case goods plant into a major regional distribution center.

This planned conversion has enabled us to return the five remaining wood case goods plants to a 40-hour work week, up from the reduced 32-hour work week that was in effect during the first two months of this quarter.

Home furnishing maker & retailer Ethan Allen is uniquely positioned to fulfill your needs. With more than 3,000 design consultants, more than 300 stores, state-of-the-art manufacturing facilities, experienced craftspeople, a strong retail network, and a well-balanced distribution system, it has maintained competitive edge while not losing sight of our primary objective: to make decorating fun and easy.

Ethan Allen Interiors Inc

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