Anthony Lebiedzinski

Cristina Fernandez

Michael Legg

- Haverty Furniture Companies, Inc. reported **Q3 2025 net sales of $194.5 million**, an increase of **10.6%**, with comparable store sales up **7.1%**.  **[0000216085_2216291_1]** **[0000216085_2216291_3]** 
- The company's **gross profit margin was 60.3%** and **diluted EPS was $0.28** for Q3 2025, with selling, general, and administrative (SG&A) expenses increasing **11.3%** to **$112.3 million**.  **[0000216085_2216291_1]** **[0000216085_2216291_3]** 
- Haverty's ended Q3 2025 with a strong balance sheet, holding **$130.5 million in cash and cash equivalents** and **no funded debt**.  **[0000216085_2216291_3]** 
- For full-year 2025, the company expects gross margins between **60.4% and 60.7%** and fixed and discretionary SG&A expenses in the range of **$296 million to $298 million**.  **[0000216085_2216291_3]**  New tariffs of **25%** on certain imported furniture began October 14, increasing to **30%** on January 1, 2026, with price adjustments already implemented.  **[0000216085_2216291_1]** **[0000216085_2216291_5]**

Haverty Furniture Companies, Inc. Reports Q3 2025 Results with Sales Growth and Updated 2025 Guidance

- **Haverty Furniture Companies, Inc. (HVT) reported diluted earnings per common share of $0.28** for Q3 2025, a slight decrease from $0.29 in Q3 2024.  **[216085_0001628280-25-047135_ex991-hvtq32025earningsrel.htm:0]** 
- Consolidated sales for Q3 2025 **increased by 10.6% to $194.5 million**, with comparable store sales growing **7.1%**, marking the first quarter of positive written and delivered comparable store sales in several years.  **[216085_0001628280-25-047135_ex991-hvtq32025earningsrel.htm:0]** 
- The company maintained strong profitability with a **gross profit margin of 60.3%** in Q3 2025, compared to 60.2% in the prior year period.  **[216085_0001628280-25-047135_ex991-hvtq32025earningsrel.htm:0]** 
- HVT ended Q3 2025 with **$137.0 million in cash, cash equivalents, and restricted cash equivalents** and **no debt outstanding**.  **[216085_0001628280-25-047135_ex991-hvtq32025earningsrel.htm:0]**  During the nine months ended September 30, 2025, the company repurchased **$2.0 million of common stock** and paid **$15.5 million in dividends**.  **[216085_0001628280-25-047135_ex991-hvtq32025earningsrel.htm:0]** 
- For the full year 2025, the company updated its guidance, expecting gross profit margins between **60.4% to 60.7%** and fixed and discretionary SG&A expenses in the **$296.0 to $298.0 million** range.  **[216085_0001628280-25-047135_ex991-hvtq32025earningsrel.htm:1]**

Haverty Furniture Companies, Inc. Reports Q3 2025 Operating Results and Updates 2025 Guidance

- Haverty Furniture Companies (HVT) is a **debt-free** company operating **129 stores** across 17 states, targeting an upper-middle market customer.  **[216085_2146304_1]** 
- The company aims to achieve **$1 billion in revenue** and a **double-digit operating margin**, supported by operational efficiencies, including a reduction in staffing from **3,500 to under 2,400** since the pandemic.  **[216085_2146304_8]** **[216085_2146304_9]** 
- HVT plans to open **three new stores** this year, maintaining a net of 129 stores, with a strategic focus on growth in Florida and Texas.  **[216085_2146304_1]** **[216085_2146304_4]** 
- Capital allocation for the year is **$24 million**, with a long-standing dividend policy and **$2 million** in share buybacks completed this year, with an additional **$4 million to $6 million** authorized.  **[216085_2146304_8]** 
- E-commerce, currently in the low single digits, is targeted to reach **10% of business**, and recent website upgrades have led to **double-digit organic growth** in Q1 and Q2.  **[216085_2146304_2]** **[216085_2146304_5]**

HAVERTY FURNITURE COMPANIES (HVT)