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Haverty Furniture Companies Inc  (HVT)
Other Ticker:  
 
    Sector  Retail    Industry Specialty Retail
   Industry Specialty Retail
   Sector  Retail
 
Price: $25.5600 $-0.05 -0.195%
Day's High: $25.78 Week Perf: -1.62 %
Day's Low: $ 25.42 30 Day Perf: -5.51 %
Volume (M): 121 52 Wk High: $ 37.05
Volume (M$): $ 3,098 52 Wk Avg: $29.93
Open: $25.71 52 Wk Low: $23.09



 Market Capitalization (Millions $) 420
 Shares Outstanding (Millions) 16
 Employees 2,574
 Revenues (TTM) (Millions $) 792
 Net Income (TTM) (Millions $) 39
 Cash Flow (TTM) (Millions $) 0
 Capital Exp. (TTM) (Millions $) 29

Haverty Furniture Companies Inc
Haverty Furniture Companies, Inc. is a publicly traded home furnishings retailer. The company was founded in 1885 by James Joseph Haverty, and is headquartered in Atlanta, Georgia. Haverty Furniture Companies, Inc. has over 120 showrooms across 16 states in the United States.

Haverty Furniture Companies, Inc. provides high-quality furniture, mattresses, accessories and home d'cor to customers. The company markets and sells its products through its retail stores, as well as via its website. In addition to the sale of furniture, the company also offers financing options for customers.

Some of the key product categories that Haverty Furniture Companies, Inc. specializes in include living room sets and sofas, dining sets, bedroom sets, and mattresses. With over 100 years of experience in the home furnishings industry, the company is able to offer a wide range of products to cater to every taste and preference.

The company is dedicated to providing superior customer service. Haverty Furniture Companies, Inc. has a team of trained sales associates who are available to answer customers' questions and help them find the perfect furniture for their homes. The company also offers a 30-day satisfaction guarantee to ensure that customers are completely satisfied with their purchases.

Furthermore, Haverty Furniture Companies, Inc. is committed to sustainability. The company strives to minimize its carbon footprint by using eco-friendly materials and processes, and by recycling and repurposing furniture whenever possible.

In the financial side of things, Haverty Furniture Companies, Inc. has been a publicly traded company since 1929. It is listed on the New York Stock Exchange under the ticker symbol "HVT". As of 2021, the company had a market capitalization of approximately $578 million.

Overall, Haverty Furniture Companies, Inc. is a well-established home furnishings retailer with a long history of providing high-quality products and excellent customer service. The company's commitment to sustainability and its extensive product offerings make it a popular destination for customers across the United States.


   Company Address: 780 Johnson Ferry Road, Atlanta 30342 GA
   Company Phone Number: 443-2900   Stock Exchange / Ticker: NYSE HVT


   

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Haverty Furniture Companies Inc

Specialty Retailer Struggles with Soft Revenues in Recent Fiscal Period

Haverty Furniture Companies Inc is a well-known furniture retailer with a long history of providing quality products to customers across the United States. Founded in 1885 by James Joseph Haverty, the company has grown to become a major player in the furniture industry, with over 120 retail locations in 16 states.
However, recent financial data for the fiscal interval closing March 31, 2024 paints a concerning picture for Haverty Furniture Companies Inc. The company's income fell sharply by -81.08% to $0.14 per share, a significant drop from the $0.74 per share reported a year ago. Earnings per share also decreased by -84.45% from $0.90 per share in the previous reporting season. Revenue receded considerably by -18.569% to $183.02 million from $224.75 million in the comparable reporting season a year ago, and sequentially revenue deteriorated by -13.444% from $211.45 million.

Haverty Furniture Companies Inc

HVT Sees Steep Revenue Decline in Financial Q4 of 2023

Haverty Furniture Companies Inc, a well-known furniture retailer in the United States, experienced a significant decline in its share price during the month of March 2024. The shares went down by -3.9%, bringing the overall share price decrease to 5.26% in the past 90 days. Despite this decline, the company's shares are still trading on the New York Stock Exchange (NYSE) at 5.7% above their 52-week average.
The drop in share price can be attributed to several factors, including the company's financial performance in the fourth quarter of 2023. During this period, Haverty Furniture Companies Inc reported a -36.61% decrease in income per share, dropping from $1.42 to $0.90 per share compared to the previous year. Moreover, profits fell by -11.76% from $1.02 per share in the prior reporting period.

Haverty Furniture Companies Inc

Haverty Furniture Companies Inc Faces Harsh Business Environment with 19.994% Revenue Decrease2. Haverty Furniture Companies Inc Struggles Amidst Challenging Fiscal Period


As I delve into the most recent fiscal period for Specialty Retail company, Haverty Furniture Companies Inc (HFCI), the figures paint a rather challenging picture. It is evident that the company's top and bottom-line have experienced a significant slump, with a 30.14% drop in income per share and a 19.994% decline in revenue year on year.
The downward trajectory is evident from the comparison between the recent fiscal period and the corresponding interval a year ago. Revenue decreased to $220.00 million from $274.98 million, reflecting a shaky financial landscape. Furthermore, earnings per share fell to $1.02 compared to $1.46 in the previous year.

Haverty Furniture Companies Inc

Haverty Furniture Companies Inc Experiences Unexpected Revenue Drop as Fiscal Quarter Ends in June 2023



Haverty Furniture Companies Inc, a leading furniture retailer, recently released its financial results for the second quarter of 2023. The report revealed a decline in both the top and bottom lines, with revenue and earnings per share plummeting year on year. This article will interpret these financial results and explore how they could potentially impact the company moving forward.
1. Revenue and Earnings per Share Decline:
In the second quarter of 2023, Haverty Furniture reported a revenue decrease of 18.734% to $205.90 million, compared to $253.36 million in the same period last year. Similarly, earnings per share (EPS) plummeted by 44.88% from $1.27 to $0.70. This decline suggests a challenging business environment or potential difficulties in executing the company's growth strategies.

Haverty Furniture Companies Inc

Soft Top-line at Haverty Furniture Companies Inc all along the first quarter of 2023 earnings season

Haverty Furniture Companies Inc, a furniture retailer based in the United States, has recently announced their first-quarter 2023 earnings season results, and it's a bleak picture. The quarterly report has shown a significant decline in profit and revenue, painting a bearish outlook for the company's future.
The net profit per share dropped by a staggering -33.33% to $0.74 per share, compared to the same period a year prior, which saw earnings of $1.11 per share. The company's profit also plummeted by -47.89% from the preceding reporting season, where earnings per share were $1.42. This decline in profit indicates that Haverty Furniture Companies Inc is struggling to maintain its performance in the market.







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