Ethan Allen CEO Touts Company's North American Manufacturing -- Market Talk

Dow Jones2025-04-10

1412 ET - After furniture companies saw their stocks shudder in the wake of tariffs on their low-cost, foreign manufacturing bases, Ethan Allen boasts its North America-based manufacturing provides it with a competitive advantage. "When other furniture companies moved their manufacturing overseas, we chose to stay in North America," Chief Executive Farooq Kathwari says in a press release, adding the company now makes about 75% of its furniture in the region. The company says it owns and operates manufacturing plants in Vermont and North Carolina and operates plants in Mexico and Honduras. (kelly.cloonan@wsj.com)

(END) Dow Jones Newswires

April 09, 2025 14:12 ET (18:12 GMT)

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