Ethan Allen Interiors Inc. (NYSE:ETD) Q3 2024 Earnings Call Transcript

Farooq Kathwari: Yes, thanks very much, Budd.

Operator: Thank you. We reached end of our question-and-answer session. I’d like to turn the floor back over to Mr. Kathwari for any further or closing comments.

Farooq Kathwari: Well, thanks very much. I am pleased that we have this opportunity of discussion and a lot of challenges. Our industry, the economy, however, with all the great work that our team has done, that is at a time when many others increase their expenses, we were able to reduce it, but in a positive manner. We just introduced it for the sake of reducing it. It was a combination of great talent, technology and the last 10 to 15 years of reducing our manufacturing to a more sensible operating model that we have. So all of those things are impacting, and we look forward to continued progress as we move forward. So thanks very much, everybody. I look forward to talking to you next quarter.

Operator: Thank you. That does conclude today’s teleconference webcast. You may disconnect your line at this time and have a wonderful day. We thank you for your participation today.