Havertys Expects 2024 Gross Profit Margins 59.5%-60.0%
$HVT
Other Specialty Stores
Consumer Discretionary
Havertys Expects 2024 Gross Profit Margins 59.5%-60.0%
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 7/11/2023 | $41.00 | Buy | The Benchmark Company |
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)
4 - HAVERTY FURNITURE COMPANIES INC (0000216085) (Issuer)
4 - HAVERTY FURNITURE COMPANIES INC (0000216085) (Issuer)
4 - HAVERTY FURNITURE COMPANIES INC (0000216085) (Issuer)
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
10-Q - HAVERTY FURNITURE COMPANIES INC (0000216085) (Filer)
8-K - HAVERTY FURNITURE COMPANIES INC (0000216085) (Filer)
S-8 - HAVERTY FURNITURE COMPANIES INC (0000216085) (Filer)
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
Benchmark analyst Michael Legg reiterates Haverty Furniture Cos (NYSE:HVT) with a Buy and maintains $45 price target.
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
The Benchmark Company initiated coverage of Havertys with a rating of Buy and set a new price target of $41.00