Earnings summaries and quarterly performance for HAVERTY FURNITURE COMPANIES.
Executive leadership at HAVERTY FURNITURE COMPANIES.
Steven G. Burdette
Detailed
President and Chief Executive Officer
CEO
Clarence H. Smith
Detailed
Executive Chairman
Helen B. Bautista
Detailed
Senior Vice President, Marketing and Digital
John L. Gill
Detailed
Executive Vice President, Merchandising
Richard B. Hare
Detailed
Executive Vice President, Chief Financial Officer, and Corporate Secretary
Board of directors at HAVERTY FURNITURE COMPANIES.
Research analysts who have asked questions during HAVERTY FURNITURE COMPANIES earnings calls.
Recent press releases and 8-K filings for HVT.
Haverty Furniture Companies, Inc. Reports Q3 2025 Results with Sales Growth and Updated 2025 Guidance
HVT
Earnings
Guidance Update
Revenue Acceleration/Inflection
- 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%.
- 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.
- Haverty's ended Q3 2025 with a strong balance sheet, holding $130.5 million in cash and cash equivalents and no funded debt.
- 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. New tariffs of 25% on certain imported furniture began October 14, increasing to 30% on January 1, 2026, with price adjustments already implemented.
Oct 30, 2025, 2:00 PM
Haverty Furniture Companies, Inc. Reports Q3 2025 Operating Results and Updates 2025 Guidance
HVT
Earnings
Guidance Update
Revenue Acceleration/Inflection
- 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.
- 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.
- 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.
- HVT ended Q3 2025 with $137.0 million in cash, cash equivalents, and restricted cash equivalents and no debt outstanding. During the nine months ended September 30, 2025, the company repurchased $2.0 million of common stock and paid $15.5 million in dividends.
- 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.
Oct 29, 2025, 8:24 PM
Haverty Furniture Companies Outlines Growth Strategy and Operational Efficiencies at Sidoti Conference
HVT
Guidance Update
New Projects/Investments
Share Buyback
- Haverty Furniture Companies (HVT) is a debt-free company operating 129 stores across 17 states, targeting an upper-middle market customer.
- 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.
- 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.
- 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.
- 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.
Sep 17, 2025, 5:00 PM
Quarterly earnings call transcripts for HAVERTY FURNITURE COMPANIES.