Why Ethan Allen Stock Was Climbing Today

Shares of Ethan Allen Interiors (NYSE: ETD) were moving higher Thursday after the high-end home furnishings company posted strong results for its fiscal 2023 first quarter.

As of 1:14 p.m. ET, the stock was up 10%.

Bucking the broader trend in retail, especially home goods, Ethan Allen posted 17.7% revenue growth to $214.5 million, which topped estimates of $206.5 million.

Continue reading


Source Fool.com