DANBURY, Conn. _ Ethan Allen Interiors Inc. on Tuesday reported fiscal first-quarter profit of $11.9 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 35 cents per share. Analysts expected $190.6 million, according to Zacks.
Farooq Kathwari, Ethan Allen Interiors chairman and CEO, says discounting is like a craze; retailers follow each other. It is a race to not making money, he adds.
Ultra-bear Marc Faber, editor and publisher of The Gloom, Boom & Doom Report, told CNBC on Friday that the same easy money policies affecting stock and bond prices drive speculative on the controversial digital currency bitcoin, which crossed the $1,200 briefly Friday morning.
Farooq Kathwari, Ethan Allen chairman, president & CEO, discusses how his company is changing the way it reaches new consumers with "The New Eclecticism."
Earnings reports from Boeing and dozens of other major companies could set the course for stocks Wednesday, as the Dow reaches for new highs.
Earnings: Still choppy, but mostly good news for tech and building materials.
Ethan Allen CEO Farooq Kathwari shares his opinions on where the U.S. economy is headed next, and how tax changes could affect his customers.
If you've been selling this stock, Cramer thinks you're playing it wrong.
The year is almost over, but "Mad Money" host Jim Cramer isn't heading for the bench. He’s in the game!
More than 100 companies are offering special dividends ahead of potential higher taxes. Ethan Allen Interiors CEO Farooq Kathwari, explains the advantage for shareholders.
Jim Cramer’s researcher, Nicole Urken, takes a look at how you should think about dividend investing going into 2013.
The home furnishing retailer's shares jumped in their market debut on the New York Stock Exchange on Friday after the stock priced at the high end of its range.
The upscale furniture retailer, backed by private equity firms Catterton Partners and Tower Three Partners LLC, opened New York Stock Exchange trading at $32.05 after pricing at the high end of the expected range at $24.
Furniture stocks are down big from their highs on the year even as homebuilder shares point towards a housing recovery. Something's not right.
Take a look at some of Wednesday's midday movers:
See Cramer’s full interview with Farooq Kathwari.
Take a look at some of Friday’s morning movers:
When the nation is in dire need of economic recovery, ignoring the middle market may be a mistake — here's what you need to know.
Despite high unemployment, debt ceiling fears, riots in Greece, earthquakes in Japan and a host of other negative headlines, most of the American consumer related stocks are doing pretty darn well lately.
Cramer doesn’t agree with Goldman Sachs that the run in this stock is over. Is he right? Check out his interview with the CEO.