HVT - Earnings announcements

ATLANTA, GA / ACCESSWIRE / October 30, 2024 / HAVERTYS (NYSE:HVT), today reported operating results for the third quarter ended September 30, 2024.Third quarter 2024 versus third quarter 2023:Diluted earnings per common share ("EPS") of $0.29 versus $1.02.Consolidated sales decreased 20.2% to $175.9 million. Comparable-store sales decreased 20.5%.Gross profit margin was 60.2% compared to 60.8%.Clarence H. Smith, Chairman and CEO said, "Our earnings for the quarter reflect the impact of below plan sales including the Labor Day holiday written results which mirrored the quarterly sales declines. We did begin to see improvement in traffic during the quarter and average ticket rose slightly."We

/ ACCESSWIRE / October 23, 2024 / ATLANTA, GA / ACCESSWIRE / October 23, 2024 / HAVERTYS (NYSE:HVT) and (HVT.A) will release its third quarter 2024 financial results on Wednesday, October 30, 2024, after the market closes.The company will host a conference call with investors and analysts on Thursday, October 31, at 10:00 a.m. ET to discuss the results of its operations.Havertys invites interested parties to listen to the live webcast of the conference call on its website at http://ir.havertys.com. The webcast will be archived and available for replay beginning at approximately 1:00 p.m. ET on October 31.About HavertysHavertys (NYSE:HVT), established in 1885, is a full-service home furnishi

ATLANTA, GA / ACCESSWIRE / July 31, 2024 / HAVERTYS (NYSE:HVT), today reported operating results for the second quarter ended June 30, 2024.Second quarter 2024 versus second quarter 2023:Diluted earnings per common share ("EPS") of $0.27 versus $0.70.Consolidated sales decreased 13.4% to $178.6 million. Comparable-store sales decreased 13.6%.Gross profit margin was 60.4% compared to 60.5%.Clarence H. Smith, Chairman and CEO said, "Our teams are continuing to evaluate all aspects of our business from top-line growth to operating efficiencies and cost reductions during this period in the demand cycle. Our experience informs these decisions and we are mindful of measures taken in the near-term

ATLANTA, GA / ACCESSWIRE / July 24, 2024 / HAVERTYS (NYSE:HVT) will release its second quarter 2024 financial results on Wednesday, July 31, 2024, after the market closes.The company will host a conference call with investors and analysts on Thursday, August 1, at 10:00 a.m. ET to discuss the results of its operations.Havertys invites interested parties to listen to the live webcast of the conference call on its website at http://ir.havertys.com. The webcast will be archived and available for replay beginning at approximately 1:00 p.m. ET on August 1.About HavertysHavertys (NYSE:HVT), established in 1885, is a full-service home furnishings retailer with 125 showrooms in 17 states in the Sout

ATLANTA, GA / ACCESSWIRE / May 1, 2024 / HAVERTYS (NYSE:HVT), today announced an increase to its quarterly dividend (the 12th consecutive annual increase) and reported operating results for the first quarter ended March 31, 2024.DividendThe board of directors declared a 6.7% increase in the quarterly dividend, from $0.30 per share to $0.32 per share on the company's common stock. The quarterly dividend for the company's Class A common stock is also being increased from $0.28 to $0.30 per share.The dividend is payable on June 14, 2024, to stockholders of record at the close of business on May 24, 2024. Havertys has paid a cash dividend in each year since 1935.First quarter 2024 versus first q

ATLANTA, GA / ACCESSWIRE / April 24, 2024 / HAVERTYS (NYSE:HVT, HVT.A))) will release its first quarter 2024 financial results on Wednesday, May 1, 2024, after the market closes.The company will host a conference call with investors and analysts on Thursday, May 2, at 10:00 a.m. ET to discuss the results of its operations.Havertys invites interested parties to listen to the live webcast of the conference call on its website at http://ir.havertys.com. The webcast will be archived and available for replay beginning at approximately 1:00 p.m. ET on May 2.About HavertysHavertys (NYSE:HVT, HVT.A))), established in 1885, is a full-service home furnishings retailer with 124 showrooms in 17 states i

ATLANTA, GA / ACCESSWIRE / February 21, 2024 / HAVERTYS (NYSE:HVT) and (NYSE:HVT), today reported its operating results for the fourth quarter ended December 31, 2023.Fourth quarter 2023 versus fourth quarter 2022:Diluted earnings per common share ("EPS") of $0.90 versus $1.42.Consolidated sales decreased 24.9% to $210.7 million. Comparable store sales decreased 25.5%.Gross profit margin of 62.4% versus 57.0%.Pre-tax income of $18.5 million versus $32.5 million.FY 2023 versus FY 2022:Diluted earnings per common share ("EPS") of $3.36 versus $5.24.Consolidated sales decreased 17.7% to $862.1 million. Comparable store sales decreased 18.4%.Gross profit margin of 60.7% versus 57.7%.Pre-tax inco

ATLANTA, GA / ACCESSWIRE / February 15, 2024 / HAVERTYS (NYSE:HVT)(NYSE:HVT) will release its fourth quarter and year end 2023 financial results on Wednesday, February 21, 2024, after the market closes.The company will host a conference call with investors and analysts on Thursday, February 22, at 10:00 a.m. ET to discuss the results of its operations.Havertys invites interested parties to listen to the live webcast of the conference call on its website at http://ir.havertys.com. The webcast will be archived and available for replay beginning at approximately 1:00 p.m. ET on February 22.About HavertysHavertys (NYSE:HVT)(NYSE:HVT), established in 1885, is a full-service home furnishings retai

ATLANTA, GA / ACCESSWIRE / November 1, 2023 / HAVERTYS (NYSE:HVT) and (NYSE:HVT), today reported its operating results for the third quarter ended September 30, 2023.Third quarter 2023 versus third quarter 2022:Diluted earnings per common share ("EPS") of $1.02 versus $1.46.Consolidated sales decreased 19.7% to $220.3 million. Comparable-store sales decreased 20.7%.Gross profit margin increased to 60.8% from 57.1%.Clarence H. Smith, Chairman and CEO said, "Our third quarter results reflect a retrenching consumer and the agility of our teams to pivot operationally in a changing sales environment. These efficiencies and the continued focus on serving the customer helped drive the quarter's per

ATLANTA, GA / ACCESSWIRE / October 25, 2023 / HAVERTYS (NYSE:HVT) and (NYSE:HVT) will release its third quarter 2023 financial results on Wednesday, November 1, after the market closes.The company will host a conference call with investors and analysts on Thursday, November 2, at 10:00 a.m. ET to discuss the results of its operations.Havertys invites interested parties to listen to the live webcast of the conference call on its website at http://ir.havertys.com. The webcast will be archived and available for replay beginning at approximately 1:00 p.m. ET on November 2.About HavertysHavertys (NYSE:HVT), established in 1885, is a full-service home furnishings retailer with 123 showrooms in 16

ATLANTA, GA / ACCESSWIRE / August 1, 2023 / HAVERTYS (NYSE:HVT), today reported its operating results for the second quarter ended June 30, 2023.Second quarter 2023 versus second quarter 2022:Diluted earnings per common share ("EPS") of $0.70 versus $1.27.Consolidated sales decreased 18.5% to $206.3 million. Comparable-store sales decreased 19.1%.Gross profit margin increased to 60.5% from 57.9%.Clarence H. Smith, chairman and CEO said, "The impact of inflation and rising interest rates have caused some consumers to pull back on discretionary home related spending. Our second quarter sales reflected this challenge, particularly early in the quarter. The second quarter's average ticket was an

ATLANTA, GA / ACCESSWIRE / July 25, 2023 / HAVERTYS (NYSE:HVT) will release its second quarter 2023 financial results on Tuesday, August 1, after the market closes.The company will host a conference call with investors and analysts on Wednesday, August 2, at 10:00 a.m. ET to discuss the results of its operations.Havertys invites interested parties to listen to the live webcast of the conference call on its website at http://ir.havertys.com. The webcast will be archived and available for replay beginning at approximately 1:00 p.m. ET on August 2.About HavertysHavertys (NYSE:HVT), established in 1885, is a full-service home furnishings retailer with 122 showrooms in 16 states in the Southern a

ATLANTA, GA / ACCESSWIRE / May 2, 2023 / HAVERTYS (NYSE:HVT), today reported its operating results for the first quarter ended March 31, 2023.First quarter 2023 versus first quarter 2022:Diluted earnings per common share ("EPS") of $0.74 versus $1.11.Consolidated sales decreased 5.9% to $224.8 million. Comparable-store sales decreased 6.7%.Gross profit margin increased to 59.1% from 59.0%.Clarence H. Smith, chairman and CEO, said, "Our team delivered a strong quarter against difficult headwinds of shifts in consumer spending and persistent inflationary pressures. Sales reflect the reduction in traffic and written business that we have reported in recent quarters as our business transitioned

ATLANTA, GA / ACCESSWIRE / April 25, 2023 / HAVERTYS (NYSE:HVT) will release its first quarter 2023 financial results on Tuesday, May 2, after the market closes.The company will host a conference call with investors and analysts on Wednesday, May 3, at 10:00 a.m. ET to discuss the results of its operations.Havertys invites interested parties to listen to the live webcast of the conference call on its website at http://ir.havertys.com. The webcast will be archived and available for replay beginning at approximately 1:00 p.m. ET on May 3.About HavertysHavertys (NYSE:HVT), established in 1885, is a full-service home furnishings retailer with 123 showrooms in 16 states in the Southern and Midwes

ATLANTA, GA / ACCESSWIRE / February 21, 2023 / HAVERTYS (NYSE:HVT), today reported its operating results for the fourth quarter and year ended December 31, 2022.Fourth quarter 2022 versus fourth quarter 2021:Diluted earnings per common share ("EPS") of $1.42 versus $1.35.Consolidated sales increased 5.5% to $280.6 million. Comparable store sales increased 5.8%.Gross profit margin of 57.0% versus 56.4%.Pre-tax income of $32.5 million versus $32.1 million.FY 2022 versus FY 2021:EPS of $5.24 versus $4.90.Consolidated sales increased 3.4% to a record $1,047.2 million. Comparable store sales for the year rose 3.4%.Gross profit margin of 57.7% versus 56.7%.Pre-tax income of $119.5 million versus $

ATLANTA, GA / ACCESSWIRE / February 14, 2022 / HAVERTYS (NYSE:HVT) will release its fourth quarter and year end 2022 financial results on Tuesday, February 21, after the market closes.The company will host a conference call with investors and analysts on Wednesday, February 22, at 10:00 a.m. ET to discuss the results of its operations.Havertys invites interested parties to listen to the live webcast of the conference call on its website at http://ir.havertys.com. The webcast will be archived and available for replay beginning at approximately 1:00 p.m. ET on February 22.About HavertysHavertys (NYSE:HVT), established in 1885, is a full-service home furnishings retailer with 122 showrooms in 1

ATLANTA, GA / ACCESSWIRE / November 1, 2022 / HAVERTYS (NYSE:HVT), today reported its operating results for the third quarter ended September 30, 2022.Third quarter 2022 versus third quarter 2021:Diluted earnings per common share ("EPS") of $1.46 versus $1.31.Consolidated sales increased 5.4% to $274.5 million. Comparable store sales increased 6.3%.Gross profit margin of 57.1% versus 56.8%.Clarence H. Smith, chairman and CEO, said, "Our strong earnings were the result of increased sales and gross margin improvement. We made progress in delivering customer backorders as we received a near record number of containers from vendors. We had a strong Labor Day as customers returned to more traditi

ATLANTA, GA / ACCESSWIRE / October 25, 2022 / HAVERTYS (NYSE:HVT) will release its third quarter 2022 financial results on Tuesday, November 1, after the market closes.The company will host a conference call with investors and analysts on Wednesday, November 2, at 10:00 a.m. ET to discuss the results of its operations.Havertys invites interested parties to listen to the live webcast of the conference call on its website at http://ir.havertys.com. The webcast will be archived and available for replay beginning at approximately 1:00 p.m. ET on November 2.About HavertysHavertys (NYSE:HVT), established in 1885, is a full-service home furnishings retailer with 121 showrooms in 16 states in the So

ATLANTA, GA / ACCESSWIRE / August 2, 2022 / HAVERTYS (NYSE:HVT), today reported its operating results for the second quarter ended June 30, 2022.Second quarter 2022 versus second quarter 2021:Diluted earnings per common share ("EPS") of $1.27 versus $1.21.Consolidated sales increased 1.3% to $253.2 million. Comparable store sales increased 1.1%. Total written sales declined 13.3%Gross profit margin of 57.9% versus 56.6% and above expectations due to pricing discipline and merchandise mix.Clarence H. Smith, chairman and CEO, said, "Our strong earnings were driven by solid gross margin improvement and attention to operating costs. These results are particularly gratifying as we are comparing t

ATLANTA, GA / ACCESSWIRE / July 27, 2022 / HAVERTYS (NYSE:HVT)(NYSE:HVT) will release its second quarter 2022 financial results on Tuesday, August 2, after the market closes.The company will host a conference call with investors and analysts on Wednesday, August 3, at 10:00 a.m. ET to discuss the results of its operations.Havertys invites interested parties to listen to the live webcast of the conference call on its website at http://ir.havertys.com. The webcast will be archived and available for replay beginning at approximately 1:00 p.m. ET on August 3.About HavertysHavertys (NYSE:HVT), established in 1885, is a full-service home furnishings retailer with 121 showrooms in 16 states in the

ATLANTA, May 02, 2022 (GLOBE NEWSWIRE) -- HAVERTYS (NYSE:HVT), today reported its operating results for the first quarter ended March 31, 2022. First quarter 2022 versus first quarter 2021: Consolidated sales increased 1.0% to $238.9 million. Comparable store sales increased 0.2%.Gross profit margin of 59.0% versus 57.1% and above expectations due to merchandise mix and pricing.Diluted earnings per common share ("EPS") of $1.11 versus $1.04. Clarence H. Smith, chairman and CEO, said, "We are pleased to report the results of another strong quarter. Our merchandising team has responded to cost increases by judiciously adjusting retail pricing. Sales generated by our free in-home design se

ATLANTA, April 26, 2022 (GLOBE NEWSWIRE) -- HAVERTYS (NYSE:HVT) will release its first quarter 2022 financial results on Monday, May 2, 2022, after the market closes. The company will host a conference call with investors and analysts on Tuesday, May 3, 2022, at 10:00 a.m. ET to discuss the results of its operations. Havertys invites interested parties to listen to the live audiocast of the conference call at its website, havertys.com. A replay will be available at the website or via telephone at approximately 1:00 p.m. ET through Friday, May 13, 2022. The number to access the telephone playback is 1-888-203-1112 (access code: 3248316). About Havertys Havertys (NYSE:HVT), established in

ATLANTA, Feb. 15, 2022 (GLOBE NEWSWIRE) -- HAVERTYS (NYSE:HVT), today reported its operating results for the fourth quarter and year ended December 31, 2021. Fourth quarter 2021 versus fourth quarter 2020: Diluted earnings per common share ("EPS") of $1.35 versus $1.37.Consolidated sales increased 10.2% to $265.9 million. Comparable store sales increased 9.2%.Pre-tax income of $32.1 million versus $31.3 million. FY 2021 versus FY 2020: EPS of $4.90 versus $3.12 and Adjusted EPS for 2020 of $1.88.Adjusted EPS for 2020 excludes $1.24 for gain on a sale-leaseback transaction.Consolidated sales increased 35.4% to a record $1,012.8 million. Comparable store sales for the year rose 17.9%.Pre

ATLANTA, Feb. 08, 2022 (GLOBE NEWSWIRE) -- HAVERTYS (NYSE:HVT) 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 invites interested parties to listen to the live audiocast of the conference call at its website, havertys.com. A replay will be available at the website or via telephone at approximately 1:00 p.m. ET through Saturday, February 26, 2022. The number to access the telephone playback is 1-888-203-1112 (access code: 1060509). About Havert

ATLANTA, Oct. 28, 2021 (GLOBE NEWSWIRE) -- HAVERTYS (NYSE:HVT), today reported its operating results for the third quarter ended September 30, 2021. Third quarter 2021 versus third quarter 2020: Diluted earnings per common share ("EPS") of $1.31 versus $0.97.Sales increased 19.7% to $260.4 million for 2021 compared to $217.5 million for 2020. Comparable store sales increased 17.7%. Sales for 2021 increased 24.4% compared to $209.3 million for 2019. Clarence H. Smith, chairman and CEO, said, "We are pleased to report another quarter of outstanding results of both top line growth and operating margin expansion. The fluctuations in prod

ATLANTA, Oct. 22, 2021 (GLOBE NEWSWIRE) -- HAVERTYS (NYSE:HVT) 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 invites interested parties to listen to the live audiocast of the conference call at its website, havertys.com. A replay will be available at the website or via telephone at approximately 1:00 p.m. ET through Monday, November 8, 2021. The number to access the telephone playback is 1-888-203-1112 (access code: 7628032). About Havertys Havertys (NYSE:

ATLANTA, July 27, 2021 (GLOBE NEWSWIRE) -- HAVERTYS (NYSE:HVT), today reported its operating results for the second quarter ended June 30, 2021. Second quarter 2021 versus second quarter 2020: Diluted earnings per common share ("EPS") of $1.21 versus $0.72.Adjusted EPS of ($0.52) in 2020 excludes $1.24 for gain on sale-leaseback.In 2020, due to COVID-19, we closed our stores on March 19 and 103 stores reopened on May 1 and the remaining 17 by June 20. Deliveries were halted on March 21 and restarted on May 5 with less capacity.Consolidated sales increased to $250.0 million for 2021 compared with $110.0 million for 2020. Comparable store sales increased 46.9%. Clarence H. Smith, chairman

ATLANTA, July 21, 2021 (GLOBE NEWSWIRE) -- HAVERTYS (NYSE:HVT) will release its second quarter 2021 financial results on Tuesday, July 27, 2021, after the market closes. The company will host a conference call with investors and analysts on Wednesday, July 28, 2021, at 10:00 a.m. ET to discuss the results of its operations. Havertys invites interested parties to listen to the live audiocast of the conference call at its website, havertys.com. A replay will be available at the website or via telephone at approximately 1:00 p.m. ET through Saturday, August 7, 2021. The number to access the telephone playback is 1-888-203-1112 (access code: 5638660). About Havertys Havertys (NYSE:HVT), est