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The Weekly Closeout: Activist comes for Ethan Allen’s board, Rhode delivers for Elf
['Retail Dive Staff']
Retail Dive - Latest News
Starting next week, shoppers can find Pumpkin Spice Mini Muffins, Pumpkin Delights, Pumpkin Spice Oatmeal Creme Pies, Brownie Pumpkins, Gingerbread Cookies and Vanilla Fall Party Cakes, among other autumnal offerings, in stores nationwide.
"We're thrilled to bring back the warm, nostalgic flavors our fans look for every year, especially the return of our Pumpkin Spice Mini Muffins!"
Rhode contributed about $160 million in net sales to E.l.f.
Overall company net sales grew 36% year over year to $479.4 million, while net income widened from $33.3 million last year to $66.6 million.
Bergeron called Ethan Allen’s Q4 and full-year results “deeply disappointing” and said it lags rivals in e-commerce and digital marketing.