$ETH (Ethan Allen Interiors Inc.)

$ETH {{ '2016-03-11T14:44:10+0000' | timeago}} • Announcement

Interior design company $ETH said that it has moved its Design Center in Catonsville, Md., to Gateway Overlook, an upscale shopping center in neighboring Elkridge. The 9,983 square foot Design Center showcases the company's new interactive design service.

$AYI {{ '2018-01-11T14:05:21+0000' | timeago}} • Webcast

$AYI said it has been relatively acquisitive over its last 7 or 8 years and sees that is still a fundamental part of a way to deploy this excess cash flow. With regard to stock buyback, the company did buy back 2MM shares last year and $AYI has the authorization from the Board for another 2MM shares.

$AYI {{ '2018-01-11T14:02:35+0000' | timeago}} • Webcast

$AYI remains bullish regarding the company’s long-term prospects for continued profitable growth, particularly as the company brings more value-added solutions to the market for both new construction and the conversion of the installed base.

$AYI {{ '2018-01-11T13:58:00+0000' | timeago}} • Webcast

$AYI expects the price of certain LED components to continue to decline so at decelerating pace, while certain other costs, including certain components and commodity costs, especially steel prices, as well as certain employee-related costs due to further investments in associate headcount, wage inflation and health care costs all to rise somewhat.

$AYI {{ '2018-01-11T13:50:52+0000' | timeago}} • Webcast

$AYI said it has additional borrowing capacity of $244.7MM at Nov. 30, 2017 under credit facility, which does not expire until August 2019. $AYI now has authorization to repurchase up to 2MM shares of its common stock. $AYI will continue to seek the best use of its strong cash generation to enhance shareholder value.

$AYI {{ '2018-01-11T13:45:53+0000' | timeago}} • Webcast

$AYI said that its specific issues in the home center/showroom channel and certain international markets, the company was still able to grow its net sales in the U.S. and Canada by about 2% in 1Q18 far outpacing the negative growth rate of the overall lighting industry.

$AYI {{ '2018-01-11T13:06:53+0000' | timeago}} • Announcement

$AYI now sees its blended consolidated effective income tax rate for FY18 to approximate 26-28% before discrete items, compared with nearly 35% for the prior year. $AYI sees tax rate for 2Q18 to be significantly lower than the estimated full-year blended tax rate to cumulatively adjust for the 35.5% tax rate recorded for 1Q18.

$AYI {{ '2018-01-11T13:04:58+0000' | timeago}} • Announcement

$AYI expects certain headwinds in the home center/showroom channel to continue in the near term, giving way to growth in calendar 2H18 as the company brings new solutions to key customers and expand its access to market in this important sales channel.

$AYI {{ '2018-01-11T13:01:09+0000' | timeago}} • Announcement

$AYI's gross profit for 1Q18 declined 2.6% year-over-year. This was due primarily to lower sales, unfavorable price/mix, and higher input costs for certain commodity-related items, such as steel, which were partially offset by lower costs for certain LED components and productivity improvements. Adjusted gross margin fell 80 basis points to 41.6%.

$AYI {{ '2018-01-11T12:58:08+0000' | timeago}} • Announcement

$AYI's sales for 1Q18 declined 1% year-over-year. This was primarily due to a 1% decrease in sales volume and a 1% net unfavorable change in product prices and mix of products sold (price/mix), partially offset by a 1% favorable impact from changes in foreign exchange rates.

$AYI {{ '2018-01-11T12:54:51+0000' | timeago}} • Announcement

$AYI CEO Vernon Nagel said 1Q18 sales results were below its expectations but once again better than market level performance as initial industry data suggests that the growth rate of its key end markets in North America was down low-single digits, which was in line with previous expectations.

$AYI {{ '2018-01-11T12:49:20+0000' | timeago}} • Announcement

$AYI reported a 12.5% drop in 1Q18 earnings due to lower sales as well as last year's gain from sale of an investment in unconsolidated affiliate. Net income fell to $71.5MM or $1.70 per share from $81.7MM or $1.86 per share last year. Net sales declined 1% to $842.8MM. Adjusted EPS decreased 3% to $1.94.

$JWN {{ '2018-01-09T22:45:50+0000' | timeago}} • Announcement

$JWN updated its FY17 expectations for an increase in net sales of approx. 4.2%, inclusive of the 53rd week, and an increase in comparable sales of approx. 0.5%. The company expects full-year diluted EPS to be $2.90-2.95, compared with its prior outlook of $2.85-2.95.

$JWN {{ '2018-01-09T22:45:35+0000' | timeago}} • Announcement

$JWN's net sales grew 2.5% and comparable sales grew 1.2% for the nine weeks ended Dec. 30, 2017, vs. prior-year period. In the Nordstrom brand, including US and Canada full-line stores and Nordstrom.com, net sales when combined with Trunk Club, rose 0.7% and comp sales rose 1%. For Nordstrom Rack, net sales grew 8.2% and comp sales grew 2.9%.

$JWN {{ '2018-01-09T18:59:54+0000' | timeago}} • Announcement

$JWN said the president of its Rack division, Karen McKibbin, will retire from her post after three decades. McKibbin will be succeeded by Geevy Thomas, the chief innovation officer of $JWN.

$AYI {{ '2018-01-05T21:47:25+0000' | timeago}} • Announcement

The Board of Directors of $AYI declared a quarterly dividend of $0.13 per share, payable on February 1, 2018 to shareholders of record on January 22, 2018.

$PIR {{ '2018-01-04T12:04:17+0000' | timeago}} • Announcement

Store operator $PIR has appointed Nancy Walsh as EVP and CFO, effective January 25, 2018. Darla Ramirez, who serves as the interim CFO, will step down and continue to serve as Pier 1's Principal Accounting Officer and VP. Most recently, Walsh served $BONT as EVP and CFO. Earlier, she spent 14 years in the finance organization at $TPR.

$JWN {{ '2018-01-02T14:31:32+0000' | timeago}} • Announcement

$JWN said it will hire 250 employees for its first stand-alone Men's Store in Manhattan. The company appointed Cailin Caro as store manager of the NYC Men's Store, and company veteran Chris Wanlass as VP of its Manhattan full-line stores.

$JWN {{ '2018-01-02T14:30:06+0000' | timeago}} • Announcement

$JWN said it will hire 250 employees for its first stand-alone Men's Store in Manhattan, which will open on Broadway between West 57th and West 58th Streets in April 2018. The company will also open a New York City flagship store in 2019 at the base of Central Park Tower, an Extell Development Company Project.

$WSO {{ '2018-01-02T13:05:39+0000' | timeago}} • Announcement

$WSO declared a regular quarterly cash dividend of $1.25 on each outstanding share of its Common and Class B common stock. The cash dividend is payable on Jan 31, 2018 to shareholders of record at the close of business on Jan 16, 2018.

$WSM {{ '2017-12-18T12:16:25+0000' | timeago}} • Announcement

$WSM's BoD declared a quarterly cash dividend of $0.39 per common share. The dividend is payable on Feb. 23, 2018 to stockholders of record as of the close of business on Jan. 25, 2018. As of Nov. 26, 2017, the company had 84.18MM shares of common stock outstanding.

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