The Benchmark Company initiated coverage of Havertys with a rating of Buy and set a new price target of $41.00

Clarence H. Smith to Retire as CEO; Will Remain as Executive ChairmanSteven G. Burdette to Assume CEO Position and Become DirectorATLANTA, GA / ACCESSWIRE / November 12, 2024 / HAVERTYS (NYSE:HVT)(NYSE:HVTA) today announced that Clarence H. Smith, CEO and chairman of the board, has chosen to retire from his position as CEO and transition to executive chairman of the board, effective January 1, 2025. At that time, Steven G. Burdette, currently president, will succeed Smith as president and CEO of Havertys and will serve as a member of the board of directors.Clarence Smith and Steve Burdette"Today's announcement follows a planned transition to select the next CEO to lead Havertys," said Smith.

ATLANTA, GA / ACCESSWIRE / November 8, 2024 / HAVERTYS (NYSE:HVT, HVT.A)) announced today that its board of directors declared a 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 $0.32 per share on the common stock and $0.30 per share on the Class A common stock. The dividend is payable on December 12, 2024, to stockholders of record at the close of business on November 26, 2024. Havertys has paid a cash dividend in each year since 1935.About HavertysHavertys (NYSE:HVT), established in 1885, is a full-service home furnishings retailer with 127 showrooms in 17 states in the Southern and Midwestern regions providing i

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

NEW YORK, Sept. 6, 2024 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of trading on Monday, September 23, to coincide with the quarterly rebalance. The changes ensure each index is more representative of its market capitalization range. All companies being added to the S&P 500 are more representative of the large-cap market space, all companies being added to the S&P MidCap 400 are more representative of the mid-cap market space, and all companies being added to the S&P SmallCap 600 are more representative of the small-cap market space. The companies being removed from

ATLANTA, GA / ACCESSWIRE / August 9, 2024 / HAVERTYS (NYSE:HVT)(NYSE:HVT) announced today that its board of directors declared a 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 $0.32 per share on the common stock and $0.30 per share on the Class A common stock. The dividend is payable on September 11, 2024, to stockholders of record at the close of business on August 26, 2024. Havertys has paid a cash dividend in each year since 1935.About HavertysHavertys (NYSE:HVT), established in 1885, is a full-service home furnishings retailer with 125 showrooms in 17 states in the Southern and Midwestern regions providing it

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 17, 2024 / HAVERTYS (NYSE:HVT)(NYSE:HVT) announced today the promotion of Greg Davis to senior vice president, information technology, responsible for Havertys' technology systems and supporting the company's strategic goals. He will report to Clarence Smith, chairman and chief executive officer.Davis joined Havertys in 1990 and has served as vice president, information technology development since 2011. He architected and led teams in building unified end-to-end operational systems from distribution to point-of-sale and Havertys.com to better serve Havertys' customers. Davis managed the implementation of a modern data warehouse to drive business decisions and

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

Clarence H. Smith to Retire as CEO; Will Remain as Executive ChairmanSteven G. Burdette to Assume CEO Position and Become DirectorATLANTA, GA / ACCESSWIRE / November 12, 2024 / HAVERTYS (NYSE:HVT)(NYSE:HVTA) today announced that Clarence H. Smith, CEO and chairman of the board, has chosen to retire from his position as CEO and transition to executive chairman of the board, effective January 1, 2025. At that time, Steven G. Burdette, currently president, will succeed Smith as president and CEO of Havertys and will serve as a member of the board of directors.Clarence Smith and Steve Burdette"Today's announcement follows a planned transition to select the next CEO to lead Havertys," said Smith.

NEW YORK, Sept. 6, 2024 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of trading on Monday, September 23, to coincide with the quarterly rebalance. The changes ensure each index is more representative of its market capitalization range. All companies being added to the S&P 500 are more representative of the large-cap market space, all companies being added to the S&P MidCap 400 are more representative of the mid-cap market space, and all companies being added to the S&P SmallCap 600 are more representative of the small-cap market space. The companies being removed from

SC 13D/A - HAVERTY FURNITURE COMPANIES INC (0000216085) (Subject)

SC 13D/A - HAVERTY FURNITURE COMPANIES INC (0000216085) (Subject)

SC 13G/A - HAVERTY FURNITURE COMPANIES INC (0000216085) (Subject)

SC 13G - HAVERTY FURNITURE COMPANIES INC (0000216085) (Subject)

SC 13G/A - HAVERTY FURNITURE COMPANIES INC (0000216085) (Subject)

SC 13G/A - HAVERTY FURNITURE COMPANIES INC (0000216085) (Subject)

ATLANTA, GA / ACCESSWIRE / November 8, 2024 / HAVERTYS (NYSE:HVT, HVT.A)) announced today that its board of directors declared a 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 $0.32 per share on the common stock and $0.30 per share on the Class A common stock. The dividend is payable on December 12, 2024, to stockholders of record at the close of business on November 26, 2024. Havertys has paid a cash dividend in each year since 1935.About HavertysHavertys (NYSE:HVT), established in 1885, is a full-service home furnishings retailer with 127 showrooms in 17 states in the Southern and Midwestern regions providing i

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 / August 9, 2024 / HAVERTYS (NYSE:HVT)(NYSE:HVT) announced today that its board of directors declared a 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 $0.32 per share on the common stock and $0.30 per share on the Class A common stock. The dividend is payable on September 11, 2024, to stockholders of record at the close of business on August 26, 2024. Havertys has paid a cash dividend in each year since 1935.About HavertysHavertys (NYSE:HVT), established in 1885, is a full-service home furnishings retailer with 125 showrooms in 17 states in the Southern and Midwestern regions providing it

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 23, 2024 / HAVERTYS (NYSE:HVT)(NYSE:HVT) announced today that its board of directors declared a 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 $0.30 per share on the common stock and $0.28 per share on the Class A common stock. The dividend is payable on March 26, 2024, to stockholders of record at the close of business on March 11, 2024. Havertys has paid a cash dividend in each year since 1935.About HavertysHavertys (NYSE:HVT)(NYSE:HVT), established in 1885, is a full-service home furnishings retailer with 124 showrooms in 16 states in the Southern and Midwestern regions prov

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

Benchmark analyst Michael Legg reiterates Haverty Furniture Cos (NYSE:HVT) with a Buy and maintains $45 price target.

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.

Haverty Furniture Cos (NYSE:HVT) reported quarterly earnings of $0.14 per share which missed the analyst consensus estimate of $0.43 by 67.44 percent. This is a 81.08 percent decrease over earnings of $0.74 per share from the same period last year. The company reported quarterly sales of $183.997 million which missed the analyst consensus estimate of $196.457 million by 6.34 percent. This is a 18.13 percent decrease over sales of $224.754 million the same period last year.

Haverty Furniture Cos (NYSE:HVT) reported its Q4 earnings results on Wednesday, February 21, 2024 at 04:11 PM. Here's what investors need to know about the announcement. Earnings Haverty Furniture Cos missed estimated earnings by 9.09%, reporting an EPS of $0.9 versus an estimate of $0.99. Revenue was down $69.81 million from the same period last year. Past Earnings Performance Last quarter the company missed on EPS by $0.02 which was followed by a 6.2% increase in the share price the next day. Here's a look at Haverty Furniture Cos's past performance: Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022 EPS Estimate 1.04 0.79 0.78 1.30 EPS Actual 1.02 0.70 0.74 1.42 Revenue Estimate 234.85M 2

Haverty Furniture Cos (NYSE:HVT) reported quarterly earnings of $0.90 per share which missed the analyst consensus estimate of $0.99 by 9.09 percent. The company reported quarterly sales of $210.74 million which missed the analyst consensus estimate of $232.84 million by 9.49 percent. This is a 24.88 percent decrease over sales of $280.56 million the same period last year.

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Haverty Furniture Cos (NYSE:HVT) is set to give its latest quarterly earnings report on Wednesday, 2024-02-21. Here's what investors need to know before the announcement. Analysts estimate that Haverty Furniture Cos will report an earnings per share (EPS) of $0.99. Haverty Furniture Cos bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter. New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast). Past Earnings Performance Last quarter the company missed EPS by $0.02, which was followed by a