India, Nov. 10 -- Shares of Ethan Allen Interiors Inc. (ETD) plunged 11% on Tuesday following the announcement of a major leadership and boardroom shake-up, alongside disappointing first-quarter 2027 results that showed sharply lower sales and earnings.
The company appointed retail executive Stefanie Tsen Ward as interim CEO, replacing Farooq Kathwari, who is no longer with the company.
The stock is trading at $18.01, down $2.33 or 11.44%, on the NYSE. It opened at $17.53 after closing the previous session at $20.34. The stock has traded between $17.40 and $25.26 over the past 52 weeks.
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