NEW YORK (Thomson Financial) - Ethan Allen Interiors Inc. Tuesday said its
quarterly sales were lower by "higher single digits" because of challenging
economic conditions.
The company added that a recent restructuring resulted in about 500 jobs
being cut over the past year. It added that the restructuring would allow it to
do "relatively well" in the current economic environment.
Shares of Ethan Allen closed Monday at $33.55.
Ryan Vlastelica
rv/vj
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