Added to YB: 2026-08-14
Pitch date: 2026-08-12
ETD [neutral]
Ethan Allen Interiors Inc.
+0.04%
current return
Author Info
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Company Info
Ethan Allen Interiors Inc. operates as an interior design company, and manufacturer and retailer of home furnishings in the United States and internationally.
Market Cap
$575.1M
Pitch Price
$22.89
Price Target
N/A
Dividend
8.01%
EV/EBITDA
5.43
P/E
14.50
EV/Sales
0.97
Sector
Household Durables
Category
special_situation
$ETD: someone wants all six board seats, and the last activist who tried owned more stock
ETD (overview): Activist Bergeron (DGB) filed 13D 8/5, nominating full 6-seat slate — a control contest to install new CEO of 'melting ice cube' furniture maker. At $23.51, ~$600M cap w/ $187.5M cash, no debt, ~9x FY26 adj op income. Orders down ~11%, EPS $1.61. But vote math grim: Bergeron only 3.9% votable vs Kathwari 9.4%; 2015 Sandell tried w/ 5.5% & lost, ISS/GL backed board. Proxy expected late Sept.
Read full article (3 min)