$ETD

Ethan Allen Interiors (ETD) urged shareholders to vote for its board nominees, opposing DGB's slate. The company is in an active CEO search, aiming to announce a successor by June 30, 2027. The request comes amid a proxy contest.

Ethan Allen Interiors Inc. (ETD) faces a proxy contest from Doug Bergeron, who holds 5.2% of the company. Bergeron supports five director nominees for the 2026 annual meeting, urging shareholders to vote the white proxy card. This escalates activist pressure for potential governance changes.

Google was fined $463 million by the EU for mishandling user location data, according to Ireland's Data Protection Commission. The fine relates to practices from 2018 to 2020, which Google says have since been updated. Meritage Hospitality Group, a major Wendy's franchisee, filed for bankruptcy after Wendy's terminated their agreement, citing unpaid fees. A judge approved a land exchange allowing SpaceX to expand its Texas site into a wildlife refuge.

Ethan Allen has started searching for a new CEO, with the current CEO, Farooq Kathwari, set to leave by June 30. The company aims to announce a successor by then. Activist investor Doug Bergeron, who owns 5% of the stock, has criticized management and pushed for changes. Ethan Allen reported a 5.7% decline in full-year net sales to $579.5 million. The company seeks a leader to advance digital transformation and supply chain efficiency.

ETHAN ALLEN INTERIORS INC (ETD) filed an SEC Form 8-K — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers. Exhibit 99.1 Ethan Allen Board Announces Ongoing CEO Succession Process to Drive Next Phase of Value Creation Formal, Independent Process Will Consider Internal and External Candidates Board Commits to Announcing Next CEO of Ethan Allen No Later Than June 30, 2027 DANBURY, CT – S

KATHWARI M FAROOQ (Chairman, President & CEO) sold 22,811 shares of ETHAN ALLEN INTERIORS INC (ETD) at $25.04 ($0.57M total) on 2026-09-02 under a Rule 10b5-1 trading plan.

US stocks slipped as crude prices surged, pushing bond yields higher. President Trump stated no plans to reopen the Strait of Hormuz, while Iran asserted control over it. Q2 earnings growth for the S&P 500 is tracking at 32%, with AI spending driving gains. Specific stocks moved on news: CRWD, OKTA, ZS, NET, PANW, FTNT, CCL, NCLH, UAL, ALK, RCL, DAL, LUV, AAL, MARA, MSTR, COIN, GLXY, RIOT, CRCL, APA, FANG, OXY, COP, DVN, HAL, XOM, SLB, AAP, MRNA, WMT, WOLF, NDSN, ETSY, ETD. Earnings reports expe

US futures slide as Treasury yields surge, driven by a rise in Brent oil prices. Key premarket movers include Advance Auto (AAP) down 15%, Alibaba (BABA) down 3%, and Walmart (WMT) down 6%. Cryptocurrency-linked stocks rise as Bitcoin rallies. Sector rotations and elevated yields impact equity markets.

Ethan Allen Interiors stock rose 4.3% after hours to $23.60 after declaring a $3.00 per share special cash dividend, totaling $76 million, payable in 2026. The company reaffirmed its debt-free status and commitment to returning capital to shareholders. The dividend announcement comes amid an active governance contest and was driven by strong fiscal 2026 results, including a 61.2% gross margin and $52 million in cash from operations.

The article says Americans are increasing furniture purchase intent, citing the National Retail Federation. It attributes the recovery mainly to higher-income consumers. It notes recent outperformance in furniture stocks including Wayfair, Bob’s Discount Furniture, Haverty’s, Arhaus, Williams-Sonoma, RH, and Ethan Allen. Examples include Wayfair’s Perigold sales up 35% YoY and US sales up 9%.