ETD

• Adjusted diluted EPS for Q4 was $0.36, compared to $0.49 adjusted in the prior year quarter.
• Full-year fiscal 2026 consolidated net sales were $579.5 million, down from $614.6 million in fiscal 2025.
• The company declared a special cash dividend of $0.25 per share and a regular quarterly dividend of $0.39 per share, both payable August 26, 2026.
• Ended fiscal 2026 with $187.5 million in total cash and investments and no outstanding debt.

2.02 Results of Operations and Financial Condition · 9.01 Financial Statements and Exhibits

• Adjusted operating income was $6.8 million (5.0% margin) and adjusted diluted EPS was $0.24, versus $0.38 in the prior-year quarter.
• Retail segment written orders were flat year over year; wholesale segment written orders declined 7.6%.
• The company ended the quarter with $180.9 million in cash and investments and no debt; operating cash flow was $15.1 million.
• The Board declared a regular quarterly dividend of $0.39 per share, payable May 27, 2026.
• Results were impacted by reduced U.S. State Department business, lower international sales, and macroeconomic challenges including tariffs.

2.02 Results of Operations and Financial Condition · 9.01 Financial Statements and Exhibits

• Gross margin was 60.9% (up from 60.3% a year ago); adjusted operating margin was 9.0% (down from 11.5%).
• Adjusted diluted EPS was $0.44, compared with $0.59 in the prior-year quarter; GAAP diluted EPS was $0.46.
• Retail segment written orders fell 17.9% and wholesale segment written orders fell 19.3% year over year.
• The Board declared a regular quarterly cash dividend of $0.39 per share, payable February 25, 2026.
• Total cash and investments were $179.3 million at December 31, 2025, with no outstanding debt.

2.02 Results of Operations and Financial Condition · 9.01 Financial Statements and Exhibits

• All six director nominees were elected to one-year terms: M. Farooq Kathwari, Maria Eugenia Casar, John J. Dooner Jr., David M. Sable, Tara I. Stacom, and Cynthia Ekberg Tsai.
• A non-binding advisory vote approving fiscal 2025 named executive officer compensation passed with 19,242,249 votes for, 1,224,072 against, and 107,497 abstentions.
• The appointment of CohnReznick LLP as independent registered public accounting firm for fiscal 2026 was ratified with 22,544,201 votes for, 36,264 against, and 40,337 abstentions.
• The report was filed under Item 5.07 to disclose the final voting results of the annual meeting.

5.07 Submission of Matters to a Vote of Security Holders · 9.01 Financial Statements and Exhibits

• Gross margin was 61.4%, up from 60.8% in the prior-year quarter.
• Adjusted operating income was $10.6 million (7.2% margin) and adjusted diluted EPS was $0.43, versus $17.8 million and $0.58 a year ago.
• Retail segment written orders increased 5.2%, while wholesale segment written orders fell 7.1%.
• The company paid $16.4 million in dividends during the quarter and declared a regular quarterly dividend of $0.39 per share payable November 26, 2025.

2.02 Results of Operations and Financial Condition · 9.01 Financial Statements and Exhibits

• Q4 adjusted diluted EPS was $0.49, compared to $0.70 in the prior year quarter; GAAP diluted EPS was $0.48.
• Full-year fiscal 2025 net sales were $614.6 million, down from $646.2 million in fiscal 2024; adjusted diluted EPS was $2.04.
• The Board declared a $0.25 per share special cash dividend and a $0.39 per share regular quarterly dividend, both payable August 28, 2025.
• Cash and investments totaled $196.2 million at June 30, 2025, with no outstanding debt.

2.02 Results of Operations and Financial Condition · 9.01 Financial Statements and Exhibits

• Gross margin was 61.2% (vs. 61.3% a year ago); adjusted operating income was $11.3 million with an adjusted operating margin of 8.0%.
• Adjusted diluted EPS was $0.38, compared with $0.48 in the prior-year quarter; GAAP diluted EPS was $0.37.
• Cash from operations totaled $10.2 million in the quarter; total cash and investments were $183.0 million with no outstanding debt.
• The Board declared a regular quarterly cash dividend of $0.39 per share, payable May 29, 2025.

2.02 Results of Operations and Financial Condition · 9.01 Financial Statements and Exhibits

• Gross margin was 60.3%, operating income was $18.2 million, and diluted EPS was $0.59.
• Retail segment written orders increased 15.8% and wholesale segment written orders rose 14.3%.
• The company ended the quarter with $184.2 million in total cash and investments and no debt outstanding.
• The Board declared a regular quarterly cash dividend of $0.39 per share, payable on February 26, 2025.

2.02 Results of Operations and Financial Condition · 9.01 Financial Statements and Exhibits