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Ethan Allen Day: an American Brand Celebrates Its History

1. Ethan Allen celebrates its annual Ethan Allen Day on June 23. 2. 75% of Ethan Allen's furniture is manufactured in North America. 3. The company emphasizes local production amid global outsourcing trends. 4. Design Centers will hold food drives, supporting local communities this July. 5. Ethan Allen named America's #1 Premium Furniture Retailer by Newsweek.

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Why Bullish?

Ethan Allen's commitment to local manufacturing can attract more customers and improve loyalty. Historical trends show that similar commitments have boosted company reputations and sales.

How important is it?

The article highlights key company initiatives that could enhance brand image and drive sales. These factors directly correlate with potential stock price appreciation.

Why Short Term?

The upcoming Ethan Allen Day and community engagement could generate immediate interest and sales. Historical cases indicate that such events positively influence stock performance in the short run.

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ETD
DANBURY, Conn., June 18, 2025 (GLOBE NEWSWIRE) -- Ethan Allen, a manufacturer and retailer of home furnishings founded in Vermont and headquartered in Danbury, Connecticut, will hold its annual Ethan Allen Day celebration on June 23. Founded in 1932, Ethan Allen opened its first sawmill in Beecher Falls, Vermont, in 1936. The company continues to manufacture furniture in Beecher Falls and Orleans, Vermont, as well as in Maiden and Claremont, North Carolina, in addition to having operations in Mexico and Honduras. Overall, the company manufactures about 75% of its furniture in North America. “When most companies moved their manufacturing overseas, we deepened our commitment to making most of our furniture close to home, as we have done for the past 93 years,” stated Farooq Kathwari, Ethan Allen’s Chairman, President, and CEO. “We’re proud to be named after one of America’s founders, and we work to carry on his pioneering spirit in everything we do.” Ethan Allen operates more than 170 retail Design Centers throughout North America. To honor the company’s commitment to the communities it serves, many of these Design Centers will hold food drives in partnership with local charities, collecting nonperishable goods for those in need. These food drives will start on June 23 and continue throughout the month of July; those who wish to participate should contact their nearest Design Center for more information. “We’re grateful for the talents and the service of all our associates, from those skilled at the craft of making furniture to the interior designers who help clients reimagine their homes,” Mr. Kathwari noted. “Our clients can count on us to deliver the quality and craftsmanship that have always defined Ethan Allen and feel confident that we offer extraordinary values on everything we provide for the home.” ABOUT ETHAN ALLENEthan Allen (NYSE:ETD), named America's #1 Premium Furniture Retailer by Newsweek, is a leading interior design destination combining state-of-the-art technology with personal service. Ethan Allen design centers, which represent a mix of Company-operated and independent licensee locations, offer complimentary interior design service and sell a full range of home furnishings, including custom furniture and artisan-crafted accents for every room in the home. Vertically integrated from product design through logistics, the Company manufactures about 75% of its custom-crafted products in its own North American manufacturing facilities and has been recognized for product quality and craftsmanship since 1932. Learn more at www.ethanallen.com and follow Ethan Allen on Facebook, Instagram, and LinkedIn. CONTACT:Catherine PlaistedSenior Vice President, Marketingcatherine.plaisted@ethanallen.com

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