PAA Research on X
Ethan Allen ($ETD) declared a $3 special dividend as Doug Bergeron escalates activism, after years of distributing nearly all free cash flow despite weak housing demand.
NYSE
Ethan Allen Interiors INC
ETD
5 articles
$595M Market cap · 2026-08-25
PAA Research on X
Doug Bergeron of Verifone fame going activist on $ETD. As we pointed out here in the past, there's a ton of value in this business and there's no doubt that the brand has enormous potential. "Ethan Allen" still has tremendous brand equity.
PAA Research on X
Furniture retailers including $BOBS, $W and $BSET gained 34% to 65% in three months as cash generation, buybacks and easier housing comparisons support a spending recovery.
PAA Research on X
Ethan Allen ($ETD), a $600 million furniture retailer, holds $133 million in cash, no debt and unencumbered real estate valued at $175 million to $275 million.
PAA Research on X
Furniture stocks including BSET and ETD outperformed over three months, with real estate-adjusted near-zero enterprise values and earnings leverage to a housing recovery.
