Haverty Furniture Companies

Haverty Furniture Cos., Inc. operates as a specialty retailer of residential furniture and accessories. It provides a selection of products and styles and various brands carried furniture. The firm offers the bedding product lines, which include sealy, serta, stearns, foster and tempur pedic. It also provides financing through an internal revolving charge credit plan, as well as a third party finance company. The company was founded by James Joseph Haverty in 1885 and is headquartered in Atlanta, GA.

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Haverty Furniture Companies (HVT) achieves record sales amidst market challenges

Haverty Furniture Companies (HVT) delivered a strong performance in Q4 2022, achieving record sales and earnings growth. The company's focus on customer engagement and strategic expansion initiatives bode well for future success.
While facing challenges such as lower store traffic and written orders, Haverty's resilience and adaptability position it to navigate market headwinds effectively. By capitalizing on opportunities in new markets and product categories, Haverty aims to drive continued growth and profitability.
With a prudent approach to managing resources and investing in innovation, Haverty is poised to overcome challenges, capitalize on growth opportunities, and maintain its competitive edge in the furniture retail industry.

Haverty Furniture Q1 2023: Sales Decline Amid Strategic Growth Initiatives

Haverty Furniture Companies faced challenges with a decline in sales and workforce reductions but capitalized on strengths like new collections and supply chain improvements.
The company is focused on growth opportunities through store expansions, customer experience enhancements, and operational efficiencies.
Financial performance showed a mixed picture with lower sales but improved gross profit margins, indicating efforts to navigate the current retail landscape.
Guidance on key financial metrics for 2023 provides a roadmap for managing costs and driving profitability in the coming quarters.

Haverty Furniture Q2 earnings decline, plans store expansions and refurbishments

Haverty Furniture Companies faced challenges from consumer spending shifts and inflation but showed strength in average sales and gross profit margins in Q2 2023.
The company's financial performance reflected a decline in net income, yet it maintained a strong cash position and announced plans for store expansions and refurbishments.
Opportunities for revenue growth and market share expansion exist through new store openings, strategic acquisitions, and improvements in consumer demand trends.
Efforts to manage costs, enhance operational efficiency, and invest in growth initiatives will be crucial for Haverty Furniture to navigate industry challenges and capitalize on opportunities.

Haverty Furniture reports lower Q3 sales but strengthens cost management

Haverty Furniture Companies faced a decline in net sales and net income in Q3 2023.
Despite challenges, the company demonstrated strengths in cost management and liquidity.
Opportunities lie in planned investments for growth and operational efficiency enhancements.
Strategic decisions will be crucial in navigating profitability and market dynamics ahead.

Haverty Furniture reports sales decline but maintains profitability and growth

Haverty Furniture Companies faced sales decline but maintained profitability through improved margins and cost management.
The company's strategic acquisitions and expansion plans offer growth potential in the retail sector.
Financial stability with no funded debt and a strong cash position provide a solid foundation for future operations.
Challenges lie in navigating market uncertainties, managing operational changes, and adapting to consumer preferences.

Haverty Furniture Q1 2024: Sales Decline Offset by Profitability and Growth Plans

Haverty Furniture Companies faced sales decline in Q1 2024 but maintained profitability through strong gross margins and prudent financial management.
While challenges exist in sales and net income decreases, the company's solid financial position, inventory management, and dividend growth demonstrate resilience.
Strategic store expansion, marketing initiatives, and margin maintenance efforts position Haverty's to capitalize on growth opportunities and navigate market challenges effectively.

Haverty Furniture reports Q3 challenges but eyes strategic growth opportunities

Haverty Furniture Companies faced challenges in Q3 2024 due to a decline in sales and earnings per share, impacted by cautious consumer behavior and external factors.
However, the company demonstrated strengths in strategic expansion plans, growth in higher-end segments, and maintaining a strong financial position.
By addressing consumer sentiment, leveraging growth opportunities in design and special order businesses, and focusing on operational efficiencies, Haverty Furniture can navigate challenges and drive future success.

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Haverty Furniture Cos., Inc. engages in the retail of residential furniture and accessories. Its products are Tempur-Pedic, Serta, Stearns and Foster, Beautyrest, and Sealy. The company was founded by James Joseph Haverty in 1885 and is headquartered in Atlanta, GA.

ATLANTA, Feb. 15, 2022 (GLOBE NEWSWIRE) -- HAVERTYS (NYSE: HVT and HVT.A), today reported its operating results for the fourth quarter and year ended December 31, 2021.

Havertys Reports Record Operating Results for Fourth Quarter and Year End 2021

ATLANTA, Feb. 08, 2022 (GLOBE NEWSWIRE) -- HAVERTYS (NYSE: HVT and HVT.A) will release its fourth quarter and year end 2021 financial results on Tuesday, February 15, 2022, after the market closes. The company will host a conference call with investors and analysts on Wednesday, February 16, 2022, at 10:00 a.m. ET to discuss the results of its operations.

Havertys To Host Fourth Quarter and Year End 2021 Earnings Conference Call on February 16

Haverty Furniture (HVT) closed at $30.51 in the latest trading session, marking a -1.07% move from the prior day.

Haverty Furniture (HVT) Stock Sinks As Market Gains: What You Should Know

Haverty posted record sales and earnings recently.

Haverty: A Wonderful Company At A Wonderful Price

ATLANTA, Nov. 05, 2021 (GLOBE NEWSWIRE) -- HAVERTYS (NYSE: HVT and HVT.A) announced today, that its board of directors authorized a special cash dividend to be paid on the outstanding shares of the two classes of $1 par value common stock of the company at a rate of $2.00 per share on the common stock and $1.90 per share on the Class A common stock. The board also approved the payment of the quarterly cash dividend of $0.25 per share on the common stock and $0.23 per share on the Class A common stock. The special cash dividend and regular quarterly dividend will be paid together on December 8, 2021 to stockholders of record at the close of business on November 22, 2021. Havertys has paid a cash dividend in each year since 1935.

Havertys Announces Special Cash Dividend, Quarterly Cash Dividend, and Additional Authorization Under Stock Repurchase Program

Haverty Furniture Companies, Inc. (HVT) CEO Clarence Smith on Q3 2021 Results - Earnings Call Transcript

Haverty Furniture (HVT) delivered earnings and revenue surprises of -2.24% and -1.07%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

Haverty Furniture (HVT) Misses Q3 Earnings and Revenue Estimates

Haverty Furniture Cos (NYSE:HVT) reported its Q3 earnings results on Thursday, October 28, 2021 at 05:00 PM. Here's what investors need to know about the announcement.

Haverty Furniture Cos: Q3 Earnings Insights

ATLANTA, Oct. 28, 2021 (GLOBE NEWSWIRE) -- HAVERTYS (NYSE: HVT and HVT.A), today reported its operating results for the third quarter ended September 30, 2021.

Havertys Reports Third Quarter 2021 Results

Haverty Furniture's (HVT) solid housing demand, and strong pricing disciplines and cost-control measures are likely to boost Q3 results.

Haverty (HVT) to Report Q3 Earnings: What's in the Offing?

ATLANTA, Oct. 22, 2021 (GLOBE NEWSWIRE) -- HAVERTYS (NYSE: HVT and HVT.A) will release its third quarter 2021 financial results on Thursday, October 28, 2021, after the market closes. The company will host a conference call with investors and analysts on Friday, October 29, 2021, at 10:00 a.m. ET to discuss the results of its operations.

Havertys To Host Third Quarter 2021 Earnings Conference Call on October 29

Haverty Furniture (HVT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Haverty Furniture (HVT) Earnings Expected to Grow: What to Know Ahead of Q3 Release

Is (HVT) Outperforming Other Retail-Wholesale Stocks This Year?

Is Haverty Furniture Companies (HVT) Stock Outpacing Its Retail-Wholesale Peers This Year?

Haverty Furniture Companies (HVT) is riding on the back of robust demand for housing, strong pricing and an innovative marketing campaign.

Haverty (HVT) Q3 Sales Growth Up 21%, Comps Improve 19.5%

ATLANTA, Sept. 20, 2021 (GLOBE NEWSWIRE) -- HAVERTYS (NYSE: HVT and HVT.A) today reported members of the company's senior management are scheduled to meet on September 22nd and 23rd with institutional investors and discuss the company's operations. In anticipation of these meetings, Havertys also today released updated sales information.

Havertys Updates Third Quarter Sales Performance

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Are Investors Undervaluing Haverty Furniture (HVT) Right Now?

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In the latest trading session, Haverty Furniture (HVT) closed at $34.22, marking a +1.36% move from the previous day.

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