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Ethan Allen's Western North Carolina Distribution Center Starts Recovery Process Following Hurricane Helene
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Ethan Allen's Western North Carolina Distribution Center Starts Recovery Process Following Hurricane Helene
Oct 7, 2024 9:45 AM

12:15 PM EDT, 10/07/2024 (MT Newswires) -- Ethan Allen Interiors ( ETD ) said Monday recovery efforts are underway at its Old Fort distribution center in western North Carolina, which was affected by significant flooding from Hurricane Helene.

Daily shipping operations at the facility remain halted due to limited road accessibility for tractor trailers, Ethan Allen said. Restoration of electricity and internet connectivity is underway, while the company's major upholstery operations in central North Carolina continue to operate at normal capacity. the company said.

"We are proactively working through our logistics network to reroute shipments, so we can continue to serve our clients while our Old Fort distribution center restores operations," Ethan Allen Chief Executive Farooq Kathwari said.

Shares of the company fell 1.9% in recent trading.

Price: 30.49, Change: -0.52, Percent Change: -1.68

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