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Ethan Allen CEO says he expects furniture backlogs to end in four to six months

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Ethan Allen CEO Farooq Kathwari told CNBC on Tuesday the company expects its production backlogs to catch up by early next year after a series of pandemic-induced supply issues. 

One of the advantages we have is that first of all, you know, we have the right kind of product lines. And then secondly, we have the opportunity of combining the personal service of about 1,500 interior designers with technology … Having said this, we are also impacted by service issues,” Kathwari said on “Power Lunch.”

“We are making improvements,” he said. “We are very high backlogged, but I think in the next four to six months we’ll catch up.”

The interior design manufacturer and retailer hopes to go back…



Source cnbc.com

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