Ethan Allen Swings to 4Q Profit

August 2, 2011  by in UnCategorized   

By Aggregated Content in Financial Reports on August 3, 2011 from http://c.moreover.com/click/here.pl?z5032944024&z=1250249030 Ethan Allen Interiors Inc. (NYSE:ETH) Chairman and Chief Executive Farooq Kathwari said the company is "cautiously optimistic" about continuing to increase sales and profit, noting that the economic environment remains uncertain. He also highlighted that written orders for the retail division increased by 15% in the latest period and that written business last month continued to be ahead of the prior-year period. Ethan Allen, like other home-decor companies, has been reporting stronger results lately, putting some of the money to work on marketing investments and hiring, particularly in retail. The housing downturn hurt revenue at

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