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Ethan Allen reports 4.8% drop in fiscal Q3 sales
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Ethan Allen reports 4.8% drop in fiscal Q3 sales
Company attributes decrease to a reduction in business with the US State Department, lower international sales and overall sluggish demand in the US market DANBURY, Conn. — Ethan Allen reported a 4.8% decrease in sales for its fiscal third quarter ended March 31, which the company attributed to lower international sales and a challenging environment for home furnishings including harsh winter weather and macroeconomic uncertainty. Third-quarter …
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