Ethan Allen CEO on Earnings
A day after Ethan Allen Interiors released its quarterly results, CEO Farooq Kathwari appeared on CNBC’s “Mad Money.” The company’s top executive spoke with host Jim Cramer about how the company fared.
Last week, the Danbury, Conn.-based company pre-announced earnings to the downside. On Monday, it reported results that were in line with its reduced forecast. The company posted earnings of 14 cents a share, which was a 1 cent beat. Its revenues rose by 8 percent year-over-year.
Cramer wanted to dig deeper into the quarter, though, which is why he invited Kathwari back to “Mad Money.” Watch the video to see the full interview.
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